MD_DA104 Butter/Butteroil - Europe Report 33 - Released on August 13, 2020 Butter prices in Western Europe are higher. Some prices in German are the highest, followed by prices in France, Netherlands and Italy. Butteroil prices are mixed. Increasing prices for spot cream are a factor causing butter pricing to firm. Another factor is increasing demand for packaged butter in some regions. Bulk butter demand has been steady, but this week is beginning to become slower as buyers focus on higher prices. Some brokers are moving butter with a lower cost basis than currently manufactured bulk butter. Western Europe, 82% Butterfat, Free on Board - Port Butter Price Range - $/MT: 3,925 - 4,250 Western Europe, 99% Butterfat, Free on Board - Port Butteroil Price Range - $/MT: 4,800 - 4,950 Information for the period August 3 - 14, 2020, issued biweekly Published by: Dairy Market News - Madison, WI Eric Graf, 608.422.8590 Email: Eric.Graf@usda.gov Additional Dairy Market News Information: Dairy Market News (DMN) by Phone: (608)422-8602 DMN Website: https://www.ams.usda.gov/market-news/dairy DMN MARS (My Market News): https://mymarketnews.ams.usda.gov