German retailers cut butter prices below one euro

Retailers have lowered butter prices below one euro per 250-gram package. This marks a significant drop, with prices now less than half of what they were a year ago. Major supermarket chains like Lidl and Norma are selling German brand butter for 99 cents. This price reduction extends to vegan butter alternatives and regional butter products. The decrease is attributed to falling global milk prices and increased German dairy production. While retailers claim farmers benefit from higher sales volumes, farmer representatives express concern over declining producer prices.