According to Farmers Journal, by the end of October 2026, the price of butter had risen by €50 per tonne in a week — to approximately €3,700 per tonne. Demand for skimmed milk powder (a related product) remains high, keeping its prices close to their peak, reports infagro.
One of the main factors behind the rise in butter prices has been the seasonal decline in milk production across European countries. According to industry sources, the availability of raw milk is falling even in regions with a year-round calving cycle. As a result, the average price of raw milk on the spot market has risen to approximately €0.47 per litre. The rise in raw material prices is increasing costs for processing companies, particularly producers of butter, cheese and dried dairy products.
Future trends in butter prices in Europe will depend on the seasonal availability of raw milk, demand for processed products and competition from other major exporters.
This story was translated with the assistance of artificial intelligence.
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