Butter (CME) Prices

29-01-2026 - Over the past month, the price of butter has decreased from $153.725/t to $142.5/t, indicating a downward trend in the raw material market. This suggests a potential oversupply or reduced demand impacting pricing dynamics. Despite this decline, the forecast predicts an increase to $148.84/t, a 4.4% rise from the current price of $142.5/t, suggesting a generally upward trend. However, this forecast comes with the risk of market fluctuations affecting raw material costs.

The forecast indicates upward price pressure on raw materials, primarily driven by technical data with a price impact of $2.33/t. Key contributors to this pressure include Price Signals at $1.75/t and Trend Following at $0.51/t. All data types support this upward trend.

Contrastingly, recent analyses show a downward trend in CME butter prices, conflicting with the forecasted increase to $148.84/t in the coming month. For example, a report from Bakery Industry Insider notes that the U.S. butter market is experiencing a surplus, with prices stabilizing at multi-year lows around $1.41 per pound. This situation is attributed to ample cream supplies and steady production levels. This external analysis presents a contrary view to the forecast's upward price prediction.