MD_DA104                                                         
DA                                                               
MD DA104 Butter/Butteroil - Europe                               

MADISON, WI.  January 07, 2016 (REPORT 1)                        

WESTERN EUROPE                                                   
INFORMATION GATHERED  12/28/2015 - 01/08/2016                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            
                                                                 
WESTERN EUROPE                                                   
                                                                 
BUTTER/BUTTEROIL:  

Butter pricing weakened in reflection of typically lower demand following 
yearend holidays. Some inventory building can be expected but 
manufacturers are facing lower immediate demand and buyers are now more 
price selective. Butter has shifted more toward being a buyers' market.  
Some cream that would previously have gone into butter is now heading 
into other dairy uses.                                             

82% BUTTERFAT:            2,950 - 3,100                          
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