The price of butter and cream in the EU is at a historic high

Published 2024년 11월 15일

Tridge summary

Record high prices for cream, reaching 10,155 euros per ton, reflect the decline in milk production and increase in prices of other dairy products such as milk powder, butter, and cheese. The European dairy industry is under pressure due to milk shortage, labor shortages, and strict EU regulatory requirements, made worse by diseases like Bluetongue. Despite high milk prices, production in the Netherlands and Germany has decreased, and the availability of dairy products remains limited. Analysts forecast that the situation will slightly improve in the coming months, but the availability of dairy products remains uncertain, especially with the upcoming Christmas season.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to several sources, cream, which is an important raw material for confectioners, for example, reached a record price of 10,155 euros per ton. This price increase also reflects the decline in milk production and is accompanied by an increase in the price of other dairy products such as milk powder, butter and cheese. These developments significantly increase the pressure on the European dairy industry. Milk is still in short supply compared to processing industry demand, as indicated by the limited availability of block butter and the rising prices of dairy products. In addition, dairy farms face challenges such as labor shortages and increasingly strict European Union regulatory requirements. Bluetongue, which occurs in some parts of Northwestern Europe, also has a negative effect on milk production. Despite high milk prices, production in the Netherlands decreased by 2% compared to the previous year. The amount of milk available as a raw material in Germany also falls ...
Source: AgroForum

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