MD_DA104                                                         
DA                                                               
MD DA104 Butter/Butteroil - Europe                               

MADISON, WI.  December 10, 2015 (REPORT 49)                      

WESTERN EUROPE                                                   
INFORMATION GATHERED  11/30/2015 - 12/11/2015                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            
                                                                 
WESTERN EUROPE                                                   
                                                                 
BUTTER/BUTTEROIL: Butter and Butteroil prices are unchanged in Europe. 
Markets are viewed as being in balance and production is steady. Cream 
sales are surprisingly strong but that has not affected butter pricing.
January-September 2015 butter exports for the EU-28, as reported by 
GTIS, increased +15.2% compared to the same period last year. The top 
three destinations were the United States, Saudi Arabia and Egypt. 
According to Eurostat, butter production from reporting countries for 
January-September is 2.8% above year ago levels. Selected member 
states showed the following January-September percentage changes 
compared to the same period last year: Germany, +3.1%; France, +0.1%; 
Ireland, +17.8%; Poland, +8.7%; and Netherlands, +1.0%. 

82% BUTTERFAT:            3,000 - 3,325                          
99% BUTTERFAT:            3,500 - 4,000                          


0930c Eric.Graf@ams.usda.gov 608.557.7005
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