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Butter 99% Butterfat, International Market - Western Europe

This page contains the wholesale prices for Butter (Butter, 99% Butterfat) produced in Europe and recorded by the USDA.
This Area is referred to as the "International dairy market news - Europe".

Prices are recorded fortnightly.

The average Anhydrous Milk Fat 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 Anhydrous Milk Fat in the Western Europe market - International Market (source USDA) with those for Anhydrous Milk Fat in France.
 
Western Europe - International Market
Fortnightly prices of Butter
Butter, 99% Butterfat
US $ per ton € per ton
min / max ± on prev. price min / max ± on prev. price
Friday 27 Sep 2024
8.700 / 10.850 +4,13% 7.797 / 9.724 +3,41%
Friday 13 Sep 2024
8.625 / 10.150 +6,98% 7.784 / 9.160 +7,04%
Friday 30 Aug 2024
8.300 / 9.250 +1,30% 7.486 / 8.343 +0,45%
Friday 16 Aug 2024
8.275 / 9.050 +1,76% 7.527 / 8.232 +0,29%
Friday 2 Aug 2024
8.175 / 8.850 +2,10% 7.545 / 8.168 +2,62%
Friday 19 Jul 2024
7.925 / 8.750 +2,62% 7.277 / 8.035 +1,99%
Friday 5 Jul 2024
7.600 / 8.650 +3,50% 7.021 / 7.992 +2,20%
Friday 21 Jun 2024
7.425 / 8.275 +2,78% 6.947 / 7.742 +4,80%
Friday 7 Jun 2024
7.325 / 7.950 +4,98% 6.721 / 7.295 +4,42%
Friday 24 May 2024
6.850 / 7.700 +1,04% 6.319 / 7.103 +0,47%
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 99% m.g. 		FRANCE
Concentrated Butter
(99% m.g.)
2016 2017 2018 2019 2020 2021 2022 2023 2024 % on prev. month % on 2023 2024 % on prev. month % on 2023
January 3.744 4.819 7.181 6.906 5.075 4.894 7.331 8.056 6.819 +1,11% -15,36% 6.509 +5,45% -26,12%
February 3.738 4.819 6.781 6.600 4.981 4.913 7.663 7.588 6.950 +1,92% -8,40% 6.545 +0,55% -16,46%
March 3.713 5.163 6.829 6.121 4.463 5.244 7.606 6.979 6.958 +0,12% -0,30% 6.660 +1,76% -14,38%
April 3.667 5.431 6.869 6.075 3.806 5.496 8.263 6.906 7.106 +2,13% +2,90% 6.897 +3,56% -7,46%
May 3.688 5.650 7.188 6.156 3.613 5.731 8.663 6.713 7.238 +1,85% +7,82% 7.048 +2,19% +3,40%
June 3.850 5.888 7.481 5.869 3.494 5.856 8.800 6.463 7.744 +6,99% +19,83% 7.500 +6,41% +15,29%
July 3.838 6.800 7.669 5.638 4.579 5.863 8.675 6.413 8.231 +6,30% +28,36% 8.057 +7,42% +24,13%
August 4.013 7.588 7.354 5.433 4.944 5.581 8.656 6.381 8.650 +5,09% +35,55% 8.491 +5,40% +34,01%
September 4.263 8.208 6.913 5.306 4.969 5.850 9.000 6.038 9.581 +10,77% +58,70% 8.831 +4,00% +42,17%
October 4.400 8.425 6.938 5.113 4.906 6.008 8.713 5.925
November 4.763 7.588 6.931 5.175 4.675 6.594 8.625 6.206
December 4.856 7.138 6.888 4.856 4.806 6.950 8.450 6.744
Average* 4.044 6.460 7.085 5.771 4.526 5.748 8.370 6.701 7.697 7.393
Change (1) +3,49% +59,73% +9,68% -18,55% -21,57% +27,01% +45,61% -19,94% +12,58% +3,58%
* Arithmetic Average
1) change from the same period of previous year
  min price
  max price