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Butter: unusual start to the year

January 15, 2021 at 12:14 PM, Der AUDITOR
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FRANKFURT/BRUSSELS. Although retail demand for butter has compensated for much throughout Europe in recent months, the start to the new year is not quite normal. In Ireland and Germany it is, for instance, reported that milk prices are firmer than usual. Exporters in the UK are, meanwhile, struggling with post-Brexit paperwork.

UK struggles with post-Brexit paperwork

Cream supplies are lower than usual at this time of the year as the Butter and Cheese Exchange in Kempten in Germany reports. Although trading is more subdued in the bulk butter market, demand is there. Buyers are, however, not yet quite sure when the best time is to conclude contracts. As lower offers are no longer available bulk butter is currently quoted in a range of EUR 3.30-3.40/kg in Kempten.

As the UK’s Agriculture and Horticulture Development Board (AHDB) reports, trading activities have resumed, and spo

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