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ZuivelNL quoted fresh butter at €375 per 100 kg on 11 November, €135 below the same week of 2025. Skimmed milk powder is now priced at the same level as butter, and the butter quote rose €3 on 4 November.
Low European butter and skim powder prices signal ample dairy supply, which weighs on global dairy prices and the value of dairy ingredients used in feed.
Not 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.