Butter (CME) Prices

09-12-2025 - Over the past month, the price of butter as a raw material has decreased from $159.5/t to $155.975/t, indicating a slight relaxation in market conditions. This change may reflect shifts in supply or demand dynamics. The forecast for butter prices is $154.56/t, representing a minor decline of 0.9% from the current price of $155.975/t. This suggests a generally stable trend with minimal risk, as the price change is marginal.

The current forecast points to downward pressure on raw material prices, primarily influenced by demand factors, particularly the global economy, with a price impact of -$0.9/t. Various data types, including demand, flows, and technical analyses, consistently report this trend. Recent analyses also indicate a bearish outlook for the CME Butter market, aligning with the forecast of a price decrease to $154.56/t in the coming month.

Additionally, the U.S. Department of Agriculture (USDA) has revised its 2025 butter price forecast to $2.36 per pound, a reduction of 16 cents from previous estimates. This adjustment is attributed to increased milk production and higher cow inventories, suggesting a downward trend in butter prices. This supports the forecast's prediction of a price decline. Overall, the market outlook for butter remains bearish, with expectations of continued price decreases.