A bowl of butter curls on an oak table with sourdough, a knife and coffee, a hazy landscape through the window behind

Butter

Butter is volatile, with big price swings that sometimes land inside a few days. Standing back from the butter market is occasionally smarter than trying to understand it every single day.

Most traded

  1. Unsalted Lactic Butter 82%157,567 mt
  2. Unsalted Sweet Cream Butter 82%10,933 mt
  3. Salted Sweet Cream Butter635 mt
  4. Whey Butter66 mt

Measured from executed trades since 2022, largest first.

Your broker

Wouter Reijntjes

Wouter Reijntjes

Butter Broker · Market Analyst

Talk to Wouter

Recent price action

4,0005,0006,0007,0002025-04 · € 7,134 · 2,303 mt · 36 trades2025-05 · € 7,220 · 2,691 mt · 31 trades2025-06 · € 7,322 · 3,152 mt · 27 trades2025-07 · € 7,024 · 1,914 mt · 32 trades2025-08 · € 6,603 · 2,743 mt · 28 trades2025-09 · € 5,901 · 3,449 mt · 39 trades2025-10 · € 5,023 · 2,993 mt · 35 trades2025-11 · € 4,435 · 3,419 mt · 37 trades2025-12 · € 3,906 · 198 mt · 3 trades2026-01 · € 3,909 · 2,530 mt · 26 trades2026-02 · € 4,459 · 4,604 mt · 29 trades2026-03 · € 4,528 · 6,036 mt · 58 trades2026-04 · € 3,881 · 3,102 mt · 23 trades2026-05 · € 3,891 · 3,410 mt · 27 trades2026-06 · € 3,657 · 4,928 mt · 42 trades2026-08 · € 3,955 · 1,072 mt · 11 trades2026-09 · € 3,977 · 2,398 mt · 26 trades2026-10 · € 3,679 · 946 mt · 9 trades3,6792025-042025-082025-122026-042026-10EUR/MT
2026-10
Weighted average€ 3,679
High€ 3,825
Low€ 3,600
Executed trades9
Volume946 mt
4,0006,0003,67920262026-10EUR/MT
2026-10
Weighted average€ 3,679
High€ 3,825
Low€ 3,600
Executed trades9
Volume946 mt
Traded price, volume-weightedVolume traded519 trades

Latest trades

DatePrice / mtVolumeOrigin
29 Jun 2026€ 4,19066 mtBE, DE, NL
29 Jun 2026€ 4,225132 mtBE, DE, NL
29 Jun 2026€ 4,025132 mtBE, DE, NL
29 Jun 2026€ 3,600110 mtBE, DE, NL
26 Jun 2026€ 4,050198 mtBE, DE, NL
26 Jun 2026€ 3,640198 mtBE, DE, NL
25 Jun 2026€ 3,84066 mtBE, DE, DK, FR, IE, NL, SE
25 Jun 2026€ 3,600132 mtBE, DE, DK, NL, SE
All market dataWhat milk is worth as this

Import & export

Butter

August 2026
  • Exports · last 12 months

    304 kt +26.7%

  • Imports · last 12 months

    41 kt +4.9%

4.08 kt4.08 kt17 kt17 kt29 kt29 ktSept 2024Mar 2025Sept 2025Mar 2026Aug 2026
Aug 2026
Exports30 kt
Imports1.88 kt
ExportsImports
Open the full trade ledger