MD_DA104                                                         
DA                                                               
MD DA104 Butter/Butteroil - Europe                               

MADISON, WI.  October 1, 2015 (REPORT 39)                     

WESTERN EUROPE                                                   
INFORMATION GATHERED  09/21/2015 - 10/02/2015                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            
                                                                 
WESTERN EUROPE                                                   
                  
                                              
BUTTER/BUTTEROIL: Domestic and export demand remain strong. Production is 
steady to decreasing. The high price of cream is thwarting current 
production. Buyers are trying to secure future needs at current pricing 
levels. Prices are unchanged. PSA butter stock levels on September 20 
were 99,898 MT. The top three countries, the Netherlands, Ireland and 
Germany, accounted for 69% of the holdings. According to Eurostat, EU 
July butter production is up 3.6% over July 2014 and January through July 
production is up 2.6% from 2014.


82% BUTTERFAT:            2,650 - 3,150                          
99% BUTTERFAT:            3,175 - 3,800                          
                  



0930c Tara.Herbst@ams.usda.gov 608.557.7007
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: http://www.ams.usda.gov/market-news/dairy
Dairy Market News database portal: 
http://www.marketnews.usda.gov/mnp/da-home