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%162,991 mt
  2. Unsalted Sweet Cream Butter 82%11,043 mt
  3. Anhydrous Milk Fat (AMF)904 mt
  4. Salted Sweet Cream Butter635 mt
  5. 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

3,6506,1058,5602025-01 · € 7,270 · 1,688 mt · 33 trades2025-02 · € 6,907 · 3,981 mt · 49 trades2025-03 · € 7,375 · 1,988 mt · 28 trades2025-04 · € 7,134 · 2,303 mt · 36 trades2025-05 · € 7,241 · 2,823 mt · 33 trades2025-06 · € 7,322 · 3,152 mt · 27 trades2025-07 · € 7,013 · 2,068 mt · 34 trades2025-08 · € 6,602 · 2,787 mt · 29 trades2025-09 · € 5,906 · 3,471 mt · 40 trades2025-10 · € 5,023 · 2,993 mt · 35 trades2025-11 · € 4,430 · 3,545 mt · 38 trades2025-12 · € 3,906 · 198 mt · 3 trades2026-01 · € 3,909 · 2,530 mt · 26 trades2026-02 · € 4,450 · 4,780 mt · 31 trades2026-03 · € 4,520 · 6,102 mt · 59 trades2026-04 · € 3,881 · 3,102 mt · 23 trades2026-05 · € 3,891 · 3,410 mt · 27 trades2026-06 · € 3,657 · 4,928 mt · 42 trades2025-012025-052025-092026-012026-06
2026-06
Weighted average€ 3,657
High€ 3,900
Low€ 3,460
Executed trades42
Volume4,928 mt
Traded price, volume-weightedVolume traded593 trades

Latest trades

DatePrice / mtVolumeOrigin
29 Jun 20264,19066 mtBE, DE, NL
29 Jun 20264,225132 mtBE, DE, NL
29 Jun 20264,025132 mtBE, DE, NL
29 Jun 20263,600110 mtBE, DE, NL
26 Jun 20264,050198 mtBE, DE, NL
26 Jun 20263,640198 mtBE, DE, NL
25 Jun 20263,84066 mtBE, DE, DK, FR, IE, NL, SE
25 Jun 20263,600132 mt5 origins
All market dataWhat milk is worth as this