While milk production in some of the big producing regions of Europe remains strong, buyers are wary of being caught short for supply.
ADVERTISEMENT
Spot prices for butter reported to the Dutch dairy board have held steady this week at €4,850/t, which is a very strong price when compared over a five-year timeline.
On futures markets, butter prices out to June 2018 continue to trade in the region of €4,800/t, with June prices peaking last week at close to €5,200/t.
While milk production in some of the big producing regions of Europe remains strong, buyers are wary of being caught short for supply. Last year’s spike in butter prices to more than €7,000/t is still fresh in the memory.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
Spot prices for butter reported to the Dutch dairy board have held steady this week at €4,850/t, which is a very strong price when compared over a five-year timeline.
On futures markets, butter prices out to June 2018 continue to trade in the region of €4,800/t, with June prices peaking last week at close to €5,200/t.
While milk production in some of the big producing regions of Europe remains strong, buyers are wary of being caught short for supply. Last year’s spike in butter prices to more than €7,000/t is still fresh in the memory.
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS