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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 9 Oct 2020
3.950 / 4.200 -0,91% 3.357 / 3.570 -2,02%
Friday 25 Sep 2020
4.000 / 4.225 +0,92% 3.438 / 3.632 +2,79%
Friday 11 Sep 2020
3.975 / 4.175 +0,93% 3.355 / 3.524 +1,49%
Friday 28 Aug 2020
3.950 / 4.125 -1,22% 3.315 / 3.462 -2,07%
Friday 14 Aug 2020
3.925 / 4.250 +3,81% 3.323 / 3.598 +3,19%
Friday 31 Jul 2020
3.825 / 4.050 +2,61% 3.257 / 3.449 -0,27%
Friday 17 Jul 2020
3.725 / 3.950 +5,14% 3.264 / 3.461 +3,96%
Friday 3 Jul 2020
3.575 / 3.725 +29,20% 3.168 / 3.301 +28,47%
Friday 19 Jun 2020
2.700 / 2.950 +5,12% 2.406 / 2.629 +6,13%
Friday 5 Jun 2020
2.500 / 2.875 +3,86% 2.207 / 2.538 -0,04%
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
$/ton WESTERN EUROPE
Butter, 82% Butterfat
GERMANY
Deutsche Markenbutter, lose
ITALY
Butter Reg.CEE 1234/07
2012 2013 2014 2015 2016 2017 2018 2019 2020 % on prev. month % on 2019 2020 % on prev. month % on 2019 2020 % on prev. month % on 2019
January 4.488 4.494 5.467 3.381 3.000 4.594 4.988 5.031 4.038 +0,94% -19,75% 4.031 -0,18% -21,10% 3.719 -0,12% -8,18%
February 4.381 4.494 4.988 3.619 2.963 4.325 5.263 5.094 3.938 -2,48% -22,70% 3.920 -2,74% -20,03% 3.653 -1,76% -9,24%
March 4.075 4.400 4.913 3.631 2.631 4.504 6.000 4.792 3.706 -5,87% -22,65% 3.872 -1,23% -17,09% 3.596 -1,58% -7,03%
April 3.525 5.119 4.881 3.400 2.617 4.819 6.544 4.681 2.650 -28,50% -43,39% 3.030 -21,74% -35,41% 3.096 -13,90% -19,59%
May 3.238 5.094 4.694 3.308 2.725 5.331 7.019 4.681 2.531 -4,48% -45,93% 3.141 +3,65% -31,40% 2.971 -4,03% -22,59%
June 3.344 5.194 4.756 3.325 2.875 6.250 7.163 4.481 2.756 +8,89% -38,49% 3.580 +13,98% -17,92% 3.410 +14,79% -6,57%
July 3.381 5.413 4.763 3.206 3.288 7.063 6.688 4.213 3.808 +38,17% -9,59% 3.920 +9,50% -5,55% 3.654 +7,15% +5,30%
August 3.525 5.504 4.321 2.875 3.719 7.556 6.513 3.954 4.063 +6,67% +2,74% 4.051 +3,33% +2,38% 3.785 +3,59% +14,70%
September 4.075 5.594 3.781 2.844 4.221 8.075 6.406 3.975 4.094 +0,77% +2,99% 4.116 +1,59% +3,00% 3.841 +1,49% +16,41%
October 4.138 5.675 3.738 3.058 4.575 7.050 5.544 3.994 4.075 -0,46% +2,03% 4.073 -1,03% +0,28% 3.847 +0,14% +16,13%
November 4.394 5.456 3.725 3.138 4.675 5.969 5.094 4.031
December 4.450 5.619 3.588 3.138 4.706 5.263 4.963 4.000
Average* 3.918 5.171 4.468 3.244 3.499 5.900 6.015 4.411 3.566 3.774 3.557
Change (1) -28,87% +32,00% -13,60% -27,40% +7,89% +68,59% +1,95% -26,67% -20,58% -15,16% -2,98%
* Arithmetic Average
1) change from the same period of previous year
NOTE: Conversion in US$ of monthly average price of German Butter is calculated using the average exchange rate of the reference month.
  = min price
  = max price