Butter (CME) Prices

05-02-2026 - Over the past month, the price of butter as a raw material has seen a significant increase, climbing from $145.25/t to $156.125/t. This rise suggests a notable shift in the market, potentially driven by changes in supply, demand, or other economic factors affecting the butter industry. The forecast predicts a further increase to $157.91/t, up by $1.78/t or 1.1% from the current price of $156.125/t. This indicates a generally stable trend with minimal risk, suggesting that raw material pricing is expected to remain steady.

Despite the forecast's upward price pressure, driven by global demand with a price impact of $1.03/t, technical data presents mixed signals, hinting at a possible decrease. Recent analyses reveal a downward trend in CME butter prices, which contrasts with the forecasted increase. According to Food Business News, CME Group Grade A butter prices recently hit four-year lows, dropping to $1.62 per pound on September 24, 2025, and only slightly recovering to $1.72 per pound by September 26, 2025. This decline is attributed to burdensome supplies and increased milk production, suggesting a potential oversupply that could affect pricing dynamics. This external analysis offers a contrary perspective to the forecast's predicted price rise, highlighting the complex and varied factors influencing the butter market.