Consumers all over the world have been craving more and more butter. That can most easily be quantified by one simple statistic – world butter prices have risen for 13 straight months.
That’s according to international data tracked by the FAO, known more formally as the Food and Agriculture Organization. Key drivers for rising butter pieces have been strong demand, limited inventories, and seasonally low milk production in Western Europe, reported the FAO.
While the U.S. still has some historically strong butter prices, they are down from the lofty $3 per pound figures that prevailed earlier this year and during the fourth quarter of both 2022 and 2023. The reason U.S. butter prices have dropped down to the $2.55 per pound range this November doesn’t have anything to do with demand . . . it’s largely based on stepped up production. U.S. butter manufacturers churned out record monthly volumes for August and September. In August, butter production grew 14.5% over August 2023. September was much the same, with output climbing 11.3% over the prior September.
Corey Geiger
November 25, 2025
Комментарии