IRELAND: Milkfat supply
This page contains a chart showing the Ireland deliveries’ milkfat monthly changes, in comparison with the butter price development.
Milkfat changes, converted into butter equivalent 82% fat, are calculated on the rolling year: for each month, the milkfat production is added to the production of the previous 11 months. With this method is always considered the total production in a 12-months time window, so it is possible to identify the trend without the effect of seasonality.
The chart below shows the three-year trend of the fat component in the Ireland milk, while the table summarizes the average monthly prices of Butter.
Updates are detected twice a day. Last Update: March 23rd, 2018, h: 00.00
Average Monthly prices of Butter
Deutsche Markenbutter, lose
|2016||2017||2018||% on prev. month||% on 2017|
Source: Butter-und Käse-börse e.V. Kempten
1) change from the same period of previous year
|= min price|
|= max price|