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Butter: Stocks EU and US
This page presents an analysis of Butter stocksb> produced in the EU-28 and the USA, with reference to the monthly average milk fat content, production volumes, warehouse levels, and overall butter inventories.

For a more exhaustive analysis, please refer to the relevant fact sheet "Wholesale price of butter" and to EU and USA production volumes.

The comparison graphs (monthly and annual) gives you a historical overview of the SMP stocks data in EU-28 and in USA.

It is important to note that Butter is sustained by intervention price policies both in EU-27 and the USA.

Visit the pages below:

 ton US
Storage warehouses - Butter		 UE
Storage warehouses - Butter
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 % on prev.
month.		 % on 2025 2026 % on prev.
month.		 % on 2025
January 100.497 102.828 95.785 112.209 150.554 99.498 119.883 112.305 118.407 102.859 +20.8% -13.1% 0
February 122.406 120.546 110.456 136.905 160.843 119.309 133.372 135.031 138.742 115.109 (p) +11.9% -17.0% 0
March 123.605 124.265 122.334 140.428 161.383 128.287 140.382 141.135 146.595 0
April 132.579 139.402 131.915 169.009 176.969 135.323 150.370 164.242 152.872 0
May 142.245 153.539 142.349 170.451 187.756 145.865 166.864 172.253 165.475 0
June 140.687 152.692 148.007 164.407 188.086 150.068 158.659 170.931 161.280 0
July 139.417 144.391 149.503 168.496 179.839 142.927 149.394 160.054 150.367 0
August 127.095 131.929 138.060 168.520 164.523 126.235 132.337 147.145 129.789 0
September 116.048 128.086 131.838 156.014 147.145 121.272 120.945 137.599 115.146
October 98.847 104.882 106.372 135.957 126.450 108.712 108.933 116.625 104.219
November 72.239 70.020 81.936 114.225 95.470 90.617 96.519 96.901 95.463
December 76.561 81.345 86.027 124.197 90.291 98.111 90.506 97.199 85.122
Average 116.019 121.160 120.382 146.735 152.442 122.185 130.680 137.618 130.290 108.984 0
Change (1) -0,9% +4,4% -0,6% +21,9% +3,9% -19,8% +7,0% +5,3% -5,3% -15,2% -
1) change from the same period of previous year
(p) = provisional value
Source: USDA, EU - Management Committee
  max Stock
  min Stock
 ton UE
Storage warehouses - Butter		 US
Storage warehouses - Butter
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 % on prev.
month.		 % on 2023 2024 % on prev.
month.		 % on 2023
January 22.203 55.918 15.736 0 0 0 0 0 0 0 102.859 +20.8% -13.1%
February 34.981 60.093 8.189 0 0 0 0 0 0 0 115.109 (p) +11.9% -17.0%
March 38.956 60.377 4.023 0 0 0 0 0 0 0
April 49.956 79.024 1.142 0 0 0 0 0 0 0
May 63.810 92.548 1.142 0 0 35.232 0 0 0 0
June 74.955 99.980 0 0 0 63.512 0 0 0 0
July 89.745 102.043 0 0 0 65.656 0 0 0 0
August 99.467 96.946 0 0 0 63.694 0 0 0 0
September 88.628 82.207 0 0 0 53.585 0 0 0
October 74.220 61.031 0 0 0 28.967 0 0 0
November 60.470 38.366 0 0 0 10.655 0 0 0
December 51.142 24.536 0 0 0 0 0 0 0
Average 62.378 71.089 2.519 0 0 26.775 0 0 0 0 108.984
Change (1) +878,5% +14,0% -96,5% -100,0% - - -100,0% - - - -15,2%
1) change from the same period of previous year
(p) = provisional value
Source: EU - Management Committee, USDA
  max Stock
  min Stock
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