![Butter prices jump to all-time high as more dairy producers shift to cheese while bird flu keeps U.S. output tight](https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-85652659-e1719869782542.jpg?w=2048)
Butter prices jump to all-time high as more dairy producers shift to cheese while bird flu keeps U.S. output tight
FortunePrices hit an average of $7,350 per metric ton on the latest Global Dairy Trade auction, surpassing a previous peak of $7,086 in 2022.