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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 22 May 2020
2.425 / 2.750 +4,55% 2.224 / 2.522 +3,96%
Friday 8 May 2020
2.350 / 2.600 0,00% 2.167 / 2.398 -0,65%
Friday 24 Apr 2020
2.275 / 2.675 -12,39% 2.112 / 2.483 -11,62%
Friday 10 Apr 2020
2.475 / 3.175 -18,71% 2.278 / 2.922 -17,88%
Friday 27 Mar 2020
3.050 / 3.900 -11,75% 2.779 / 3.553 -9,63%
Friday 13 Mar 2020
3.775 / 4.100 +1,61% 3.359 / 3.648 -0,76%
Friday 28 Feb 2020
3.775 / 3.975 -3,13% 3.439 / 3.621 -4,32%
Friday 14 Feb 2020
3.900 / 4.100 -0,62% 3.597 / 3.782 +1,30%
Friday 31 Jan 2020
3.925 / 4.125 -1,23% 3.551 / 3.732 -0,18%
Friday 17 Jan 2020
3.950 / 4.200 +1,56% 3.537 / 3.760 +1,36%
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
$/ton WESTERN EUROPE
Butter, 82% Butterfat
GERMANY
Deutsche Markenbutter, lose
ITALY
Butter Reg.CEE 1234/07
2012 2013 2014 2015 2016 2017 2018 2019 2020 % on prev. month % on 2019 2020 % on prev. month % on 2019 2020 % on prev. month % on 2019
January 4.488 4.494 5.467 3.381 3.000 4.594 4.988 5.031 4.038 +0,94% -19,75% 4.031 -0,18% -21,10% 3.719 -0,12% -8,18%
February 4.381 4.494 4.988 3.619 2.963 4.325 5.263 5.094 3.938 -2,48% -22,70% 3.920 -2,74% -20,03% 3.653 -1,76% -9,24%
March 4.075 4.400 4.913 3.631 2.631 4.504 6.000 4.792 3.706 -5,87% -22,65% 3.872 -1,23% -17,09% 3.596 -1,58% -7,03%
April 3.525 5.119 4.881 3.400 2.617 4.819 6.544 4.681 2.650 -28,50% -43,39% 3.030 -21,74% -35,41% 3.096 -13,90% -19,59%
May 3.238 5.094 4.694 3.308 2.725 5.331 7.019 4.681 2.531 -4,48% -45,93% 3.141 +3,65% -31,40% 2.971 -4,03% -22,59%
June 3.344 5.194 4.756 3.325 2.875 6.250 7.163 4.481
July 3.381 5.413 4.763 3.206 3.288 7.063 6.688 4.213
August 3.525 5.504 4.321 2.875 3.719 7.556 6.513 3.954
September 4.075 5.594 3.781 2.844 4.221 8.075 6.406 3.975
October 4.138 5.675 3.738 3.058 4.575 7.050 5.544 3.994
November 4.394 5.456 3.725 3.138 4.675 5.969 5.094 4.031
December 4.450 5.619 3.588 3.138 4.706 5.263 4.963 4.000
Average* 3.918 5.171 4.468 3.244 3.499 5.900 6.015 4.411 3.373 3.599 3.407
Change (1) -28,87% +32,00% -13,60% -27,40% +7,89% +68,59% +1,95% -26,67% -30,55% -24,87% -13,23%
* Arithmetic Average
1) change from the same period of previous year
NOTE: Conversion in US$ of monthly average price of German Butter is calculated using the average exchange rate of the reference month.
  = min price
  = max price
UK trade data for the period Jan - Mar 2020 are provisional