Insight Focus

  • New Zealand was eager to sell as dairy supply exceeded expectations.
  • Market sentiment is bearish as high prices have boosted production and crimped consumption.
  • European and US butter bucked the trend because of the peak consumption season.

  

  

New Zealand

  • The New Zealand dairy products continued to fall except for anhydrous milk fat.
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USA

  • US butter rebounded in the fourth quarter, while other dairy products remained weak.
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Europe

  • Similarly, European butter also rebounded due to limited supply and the peak consumption season.
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Other Insights That May Be of Interest…

The (Stomach) Churning Butter Price Rise