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EU butter prices are firming on seasonally lower milk availability and higher farmgate costs. Polish 82% fresh butter was quoted at 3.65 EUR/kg on 28 October, up from 3.60 on 13 October.
Growing US milk output and New Zealand exports are seen limiting further gains.
Tight EU milk supports dairy input costs, while rising Oceania and US supply competes for fat and powder markets. Neither shift moves feed grain or oilseed demand materially.
commodity-board.comNov 2, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
