Report 1 – Released on January 02, 2020

Western European butter and butter oil prices are steady. During this year-end holiday period, markets are lightly tested. Cream availability has increased, leading to higher butter production. Churning remains quite active, even as current new sales activity is slow. Little contracting has been finalized during the holiday period. Bulk butter production is now a greater focus than packaged butter.

 Western Europe, 82% Butterfat, Free on Board - Port Butter
     Price Range - $/MT:                          3,925 - 4,100


     Western Europe, 99% Butterfat, Free on Board - Port Butteroil
     Price Range - $/MT:                          4,825 - 5,450


     Information for the period December 23, 2019 -  January 3, 2020, issued biweekly
     Published by:
     Dairy Market News - Madison, WI
     Eric Graf, 608.422.8590
     Email: Eric.Graf@usda.gov

     Additional Dairy Market News Information:
     Dairy Market News (DMN) by Phone: (608)422-8602
     DMN Website: https://www.ams.usda.gov/market-news/dairy
     DMN MARS (My Market News): https://mymarketnews.ams.usda.gov