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Butter, International Market - Western Europe

This page contains the wholesale prices for Butter (Butter, 82% Butterfat) produced in Europe and recorded by the USDA.

This Area is referred to as the "International dairy market - Europe" and is a combination of countries as listed below:
Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, and United Kingdom.

Prices are recorded fortnightly.

The average Butter prices recorded over the most recent period are listed in the table, while the graph below illustrates price trends over the past three years in € and in local currency. Furthermore, time series are available for monthly average prices of last nine years.

The graph below compares prices over a given period for Butter in the Western Europe market - International Market (source USDA) with those for Butter in Germany.
 
Survey Date
Western Europe - International Market
Fortnightly prices of Butter
Butter, 82% Butterfat
US $ per ton € per ton
min / max ± on prev. price min / max ± on prev. price
Friday 2 Apr 2021
4.725 / 5.025 +1,04% 4.023 / 4.278 +2,28%
Friday 19 Mar 2021
4.575 / 5.075 +4,61% 3.847 / 4.268 +5,02%
Friday 5 Mar 2021
4.375 / 4.850 +5,43% 3.665 / 4.063 +7,20%
Friday 19 Feb 2021
4.275 / 4.475 +5,11% 3.522 / 3.686 +3,75%
Friday 5 Feb 2021
4.025 / 4.300 +0,91% 3.359 / 3.588 +2,38%
Friday 22 Jan 2021
4.000 / 4.250 +0,30% 3.290 / 3.496 +1,06%
Friday 8 Jan 2021
4.000 / 4.225 +1,86% 3.265 / 3.449 +1,82%
Friday 18 Dec 2020
3.925 / 4.150 -0,31% 3.205 / 3.389 -1,02%
Friday 4 Dec 2020
3.900 / 4.200 0,00% 3.208 / 3.454 -2,69%
Friday 20 Nov 2020
3.900 / 4.200 +0,62% 3.296 / 3.550 +0,82%
n.q.: not quoted price
Source: USDA
Informative note
NOTE: The conversion US $ / € for each quotation is calculated using the exchange rate of the previous day.

Prices are U.S. $/MT (Metric Ton= 2,204.6 pounds) F.O.B. port. Information gathered for this report is from trades, offers to sell, and secondary data.
USD
$/ton WESTERN EUROPE
Butter, 82% Butterfat
GERMANY
Deutsche Markenbutter, lose
ITALY
Butter Reg.CEE 1234/07
2013 2014 2015 2016 2017 2018 2019 2020 2021 % on prev. month % on 2020 2021 % on prev. month % on 2020 2021 % on prev. month % on 2020
January 4.494 5.467 3.381 3.000 4.594 4.988 5.031 4.038 4.119 +1,85% +2,01% 4.124 +1,36% +2,32% 3.940 +0,79% +17,62%
February 4.494 4.988 3.619 2.963 4.325 5.263 5.094 3.938 4.269 +3,64% +8,41% 4.405 +6,81% +12,37% 4.116 +4,47% +22,87%
March 4.400 4.913 3.631 2.631 4.504 6.000 4.792 3.706 4.719 +10,54% +27,32% 4.825 +9,53% +24,61% 4.536 +10,19% +39,57%
April 5.119 4.881 3.400 2.617 4.819 6.544 4.681 2.650 4.875 +3,31% +83,96% 4.808 -0,36% +58,65% 4.665 +2,85% +63,69%
May 5.094 4.694 3.308 2.725 5.331 7.019 4.681 2.531
June 5.194 4.756 3.325 2.875 6.250 7.163 4.481 2.756
July 5.413 4.763 3.206 3.288 7.063 6.688 4.213 3.808
August 5.504 4.321 2.875 3.719 7.556 6.513 3.954 4.063
September 5.594 3.781 2.844 4.221 8.075 6.406 3.975 4.094
October 5.675 3.738 3.058 4.575 7.050 5.544 3.994 4.075
November 5.456 3.725 3.138 4.675 5.969 5.094 4.031 4.038
December 5.619 3.588 3.138 4.706 5.263 4.963 4.000 4.044
Average* 5.171 4.468 3.244 3.499 5.900 6.015 4.411 3.645 4.495 4.541 4.314
Change (1) +32,00% -13,60% -27,40% +7,89% +68,59% +1,95% -26,67% -17,36% +25,47% +22,27% +34,83%
* Arithmetic Average
1) change from the same period of previous year
NOTE: Conversion in US$ of monthly average price of German Butter is calculated using the average exchange rate of the reference month.
  = min price
  = max price