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Butter (Butter)
Trading Event 397 will begin at 12:00 hours UTC/GMT on Tuesday, 03 February, which is 01:00 NZDT on Wednesday, 04 February 2026
Fonterra NZ Offer Quantities and Starting Prices Butter
| Shipment Months at Seller Ports | ||||||
Contract 1(Mar 26) | Contract 2(Apr 26) | Contract 3(May 26) | Contract 4(Jun 26) | Contract 5(Jul 26) | Contract 6(Aug 26) | |
| Butter (Butter) | ||||||
| Sales Group Minimum Supply (MT) | 135 | 765 | 225 | 115 | 0 | 0 |
| Sales Group Maximum Supply (MT) | 150 | 850 | 250 | 125 | 0 | 0 |
| Product Minimum Supply (MT) | ||||||
| Salted 25kg - NZ | 0 | 0 | 0 | 0 | 0 | 0 |
| Unsalted 25kg - NZ | 0 | 0 | 0 | 0 | 0 | 0 |
| Product Maximum Supply (MT) | ||||||
| Salted 25kg - NZ | 150 | 850 | 250 | 125 | 0 | 0 |
| Unsalted 25kg - NZ | 150 | 850 | 250 | 125 | 0 | 0 |
| Starting Price (USD/MT, FAS) | ||||||
| Salted 25kg - NZ | $4,580 | $4,575 | $4,560 | $4,575 | — | — |
| Unsalted 25kg - NZ | $4,580 | $4,575 | $4,560 | $4,575 | — | — |
Forecast Information - Fonterra NZ Butter
| Forecast Offer Quantities (MT) | ||||||
| Trading Event | TE 398 | TE 399 | TE 400 | TE 401 | Forecast | Change on Previous Forecast |
| Date | 18 Feb 26, NZDT | 04 Mar 26, NZDT | 18 Mar 26, NZDT | 08 Apr 26, NZST | ||
| Fonterra | 12 Month | |||||
| Contract 1 | 150 | 125 | 125 | 50 | 3,650 | 0 |
| Contract 2 | 850 | 625 | 625 | 630 | 22,485 | 0 |
| Contract 3 | 250 | 250 | 250 | 200 | 11,400 | 0 |
| Contract 4 | 125 | 100 | 100 | 100 | 5,125 | 0 |
| Contract 5 | 0 | 0 | 0 | 0 | 0 | 0 |
| Contract 6 | 0 | 0 | 0 | 0 | 0 | 0 |
| Totals | 1,375 | 1,100 | 1,100 | 980 | 42,660 | 0 |
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