MD_DA104                                                         
DA                                                               
MD DA104 Butter/Butteroil - Europe                               

MADISON, WI.  February 04, 2010 (REPORT 5)                       

WESTERN EUROPE                                                   
INFORMATION GATHERED  01/25/2010 - 02/05/2010                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            
                                                                 
WESTERN EUROPE                                                   
                                                                 
BUTTER/BUTTEROIL:  European butter markets and prices are weak.  Often, lower 
European prices are still higher than other international markets, thus traders 
and handlers anticipate that further weakness could develop.  Milk production is 
still seasonally lower, thus new butter production is limited.  Reports indicate 
that butter stocks are available, but buyers, especially international buyers, 
are not in the marketplace at this time.                                                  

82% BUTTERFAT:            3,700 - 4,100                          
99% BUTTERFAT:            4,050 - 4,400

0930c steve Schneeberger  (608)250-3204