Butter, what is going on?

Big_Graeme

A couple of things in action, a big price increase so they can knock a penny off every month and claim it as a price reduction and less profitable lines making way for Christmas stock.

PLRFD

I got some in Asda yesterday their own brand 85p.

antrobus

What's going on?

The wholesale price of butter has gone up. Sterling has fallen.

Rising cream prices also helped push up butter prices throughout October, with fat supplies tight. Although much of the butter in Private Storage Aid is thought to have been pre-sold already, some was still traded this month at around £3,500-3,600/tonne. However, a second tier in pricing was also seen this month, with freshly manufactured butter fetching a premium price of around £3,900-4,000/tonne towards the end of October. Although demand was fairly tentative, those looking for cover needed to pay relatively high prices to secure product, as little butter was available for spot trade.

https://dairy.ahdb.org.uk/market-information/milk-prices-contracts/wholesale-prices/uk-wholesale-prices/

VfM4meplse

maninbag wrote: »

Current stock in my local Aldi has a best before of 14 Jan, well that's what it says on the case (40 packs) I bought yesterday!

What are your plans for 10kg of butter?!

smudger1964

VfM4meplse wrote: »

What are your plans for 10kg of butter?!

Dont ask!!!!

The_Last_Username

JackieO
Today, 8:55 AM




Quote:
Originally Posted by Mr_Singleton
Yes, lets support are German friends.

I support the money in my purse and I don't give a fig where my butter comes from as long as I can afford it

Added to which Aldi & Lidl butter is UK-sourced and made.
Unlike Kerrygold, Anchor ......... even Lurpak is a Danish company.

A._Badger

JackieO wrote: »

I support the money in my purse and I don't give a fig where my butter comes from as long as I can afford it

Aldi's butter is Country Life in Aldi packaging in any case, so the OP's point was misplaced - unless he happens to object to the fact that Aldi is German owned.

A._Badger

The_Last_Username wrote: »

Added to which Aldi & Lidl butter is UK-sourced and made.
Unlike Kerrygold, Anchor ......... even Lurpak is a Danish company.

Also (and to file under 'not a lot of people know that') is that Anchor is no longer New Zealand butter and hasn't been for some time. How they got away with that marketing sleight of hand I will never know

Living_proof

A._Badger wrote: »

Also (and to file under 'not a lot of people know that') is that Anchor is no longer New Zealand butter and hasn't been for some time. How they got away with that marketing sleight of hand I will never know

Made in Westbury Wiltshire, so pretty much unaffected by the sterling situation.

And this from the Daily Mail online site
Wholesale butter prices were up a staggering 75.8 per cent on last year at £3,600 a tonne. And the figure is now closer to £3,800 a tonne.

and it seems to be that so many dairy farmers have given up over the last five years. This does not bode well as imported cheese will soon be unaffordable for most. I will be interested to see what price our cream is during the festive season.

But the arithmetic looks pants!

antrobus

Living_proof wrote: »

... I will be interested to see what price our cream is during the festive season....

Well, according to the Daily Mail, Britain faces a 'Christmas Pudding Crisis' due to a shortage of cream and butter.:)

http://www.dailymail.co.uk/news/article-3924856/Christmas-pudding-crisis-Britain-faces-shortage-butter-cream-needed-festive-favourite.html