More butter required in Switzerland
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At the request of the Swiss milk industry organisation, the Swiss Federal Office for Agriculture is again increasing the tariff quota for butter for 2022. With the additional import volume of 2,000 tons, Swiss demand should be covered by the end of the year.
The milk industry organisation (BO Milch) expects Swiss butter to become scarce in autumn 2022. This second import release this year is to take place now so that trade and processing companies can sell the imported butter continuously. The additional import volume will be auctioned off as usual.
The 2,000 tons of butter correspond to the needs of half a month. On average, more than 40,000 tons of butter are in demand in Switzerland every year.