MD_DA104                                                         
DA                                                               
MD DA104 Butter/Butteroil - Europe                               

MADISON, WI.  December 08, 2016 (REPORT 49)                      

WESTERN EUROPE                                                   
INFORMATION GATHERED  11/28/2016 - 12/09/2016                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            
                                                                 
WESTERN EUROPE                                                   
                                                                 
BUTTER/BUTTEROIL:  

Butter prices in Western Europe slightly firmed at the bottom of the 
price range but are unchanged at the top. Sales of packaged butter in 
Western Europe are increasing as the end of year holidays approach. A 
number of manufacturers are not able to fill orders as fast as some 
customers would like. The volume of butter orders and lower cream 
supplies available for making utter, have converged to create the 
current situation. Interest in block butter is slow. More focus is on 
contracting for early 2017 needs. The November 2016 Dairy Market News 
monthly average for Western Europe butter, $4,683, is up from $3,139 
in November last year. 
                                            

82% BUTTERFAT:            4,650 - 4,800                          
99% BUTTERFAT:            4,500 - 5,300                          


0930c eric.graf@ams.usda.gov 
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