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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 12 Apr 2019
4.600 / 4.750 -2,35% 4.084 / 4.217 -2,75%
Friday 29 Mar 2019
4.525 / 5.050 +1,32% 4.034 / 4.502 +2,14%
Friday 15 Mar 2019
4.575 / 4.875 -2,83% 4.046 / 4.311 -2,18%
Friday 1 Mar 2019
4.625 / 5.100 -4,89% 4.063 / 4.480 -5,85%
Friday 15 Feb 2019
4.850 / 5.375 +0,74% 4.304 / 4.770 +2,71%
Friday 1 Feb 2019
4.900 / 5.250 0,00% 4.265 / 4.570 -0,80%
Friday 18 Jan 2019
4.875 / 5.275 +1,75% 4.278 / 4.629 +1,33%
Friday 4 Jan 2019
4.725 / 5.250 0,00% 4.164 / 4.626 +0,91%
Friday 21 Dec 2018
4.725 / 5.250 +1,01% 4.126 / 4.585 +0,13%
Friday 7 Dec 2018
4.725 / 5.150 -1,74% 4.163 / 4.537 -1,29%
n.q.: not quoted price
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.
Source: USDA
USD
$/ton WESTERN EUROPE
Butter, 82% Butterfat
GERMANY
Deutsche Markenbutter, lose
ITALY
Butter Reg.CEE 1234/07
2011 2012 2013 2014 2015 2016 2017 2018 2019 % on prev. month % on 2018 2019 % on prev. month % on 2018 2019 % on prev. month % on 2018
January 4.944 4.488 4.494 5.467 3.381 3.000 4.594 4.988 5.031 +1,39% +0,88% 5.109 +1,61% +1,28% 4.624 -0,94% +20,88%
February 5.425 4.381 4.494 4.988 3.619 2.963 4.325 5.263 5.094 +1,24% -3,21% 4.902 -4,04% -14,96% 4.569 -1,19% +10,76%
March 5.706 4.075 4.400 4.913 3.631 2.631 4.504 6.000 4.792 -5,93% -20,14% 4.670 -4,73% -21,84% 4.372 -4,31% -2,84%
April 5.675 3.525 5.119 4.881 3.400 2.617 4.819 6.544 4.675 -2,43% -28,56% 4.702 +0,69% -29,55% 4.336 -0,82% -11,50%
May 5.844 3.238 5.094 4.694 3.308 2.725 5.331 7.019
June 5.981 3.344 5.194 4.756 3.325 2.875 6.250 7.163
July 5.975 3.381 5.413 4.763 3.206 3.288 7.063 6.688
August 5.825 3.525 5.504 4.321 2.875 3.719 7.556 6.513
September 5.683 4.075 5.594 3.781 2.844 4.221 8.075 6.406
October 5.438 4.138 5.675 3.738 3.058 4.575 7.050 5.544
November 4.950 4.394 5.456 3.725 3.138 4.675 5.969 5.094
December 4.650 4.450 5.619 3.588 3.138 4.706 5.263 4.963
Arithmetic average 5.508 3.918 5.171 4.468 3.244 3.499 5.900 6.015 4.898 4.846 4.475
Change (1) +19,39% -28,87% +32,00% -13,60% -27,40% +7,89% +68,59% +1,95% -14,05% -17,37% +3,18%
1) change from the same period of previous year
NOTE: Conversion in US$ of monthly average price of German Butter is calculated using the average exchange rate of the reference month.
  = min price
  = max price