Global Butter Market to Keep Robust This Year, with Rising U.S. Supplies to Offset Subdued EU and New Zealand’s Exports
Jul 30, 2021
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This year global butter production is anticipated to keep up with ha last year, amounting to 5.6M tons. The EU is forecast to decrease butter exports due to a slight drop in production amid an increase in demand. Butter exports from New Zealand are not forecast to grow due to increased competition with UHT cream for food service being increasingly in demand.