My Breakfast Toast is getting very expensive.

  BT 08:58 17 Nov 2017

Over the past few weeks the price of Butter has rocketed. I was paying 80p for 250g of Tesco own brand butter, then it went to £1.20, then last week £1.45 and this week £1.60. It seems there is a Europe wide Butter shortage.

From Financial Times.

Europe is in the throes of a butter shortage. Rising demand and a decline in milk production has led to a doubling in the price of the dairy spread this year

I remember when there was a Butter Mountain in the 70/80s in the EEC caused by overproduction and they were trying all sorts of ways to get rid of it.

  Belatucadrus 09:22 17 Nov 2017

Apparently in France the butter is sold on a fixed price arrangement so they aren't going to increase the price paid to suppliers but there's a new thriving market particularly in China and they can get a better price there. Guess who clinches the sale.

BBC

Presumably we're now getting the knock on supply and demand thing.

  canarieslover 09:32 17 Nov 2017

Remember the old nursery rhyme, "Marmalade is better if very thickly spread", and I agree with that 100%.

  Quickbeam 09:43 17 Nov 2017

We're no longer allowed access to the EU butter mountain.

Boris didn't mention this...

  Forum Editor 10:20 17 Nov 2017

There is no EU butter mountain.

Globalisation comes into this problem in a big way. World consumption of butter has risen substantially, and Europe doesn't buck the trend - we're consuming more butter than ever before.

One of the problems associated with supplies not meeting demand is the fact that over the past twenty years or so, the global dairy industry has tended to focus on milk-powder production to feed the increasing demand from the developing world - powdered baby food in the main. This meant that lots of farmers went for Holstein cows which give a high yield of lower fat milk - not what you want for butter production. The demand for cream is also rising, meaning even less milk fat is available for butter production.

Add to all that the reduction in milk production caused by farmers leaving dairy farming completely, and you have the reasons behind the current price surge.

The industry will bounce back as more farmers invest in jersey herds with high-fat milk yields, but it can't happen overnight - calves take time to grow into milk-production.

  morddwyd 10:27 17 Nov 2017

Over the past few weeks the price of Butter has rocketed.

The result of squeezing dairy farmers so hard that thousands have gone out of business.

If you buy your milk in a supermarket you are reaping the rewards!

  john bunyan 10:37 17 Nov 2017

If you look at the ingredients on most spreadable butters, you will see that they, such as Lurpack use the word "Spreadable" rather than Butter, and use up to 50 % of the fat content as rapeseed oil. I have not checked, but theoretically, these should have gone up a bit less than the true, solid, Butter, although oils and fats world wide are priced in US $ so even rapseed oil will be dearer in UK due to the Brexit decision which has led to the fall in £ versus the $ of 20% or so. The £ fall is filtering through to all imported goods as supermarkets and manufacturers can only absorb so much of the cost.

  Quickbeam 10:51 17 Nov 2017

In additional to JB' s reason, there is a seasonal commercial reason in the food industry. All butter Xmas cake, all butter shortbread, mince pies etc. use huge quantities of butter just now.

  Pine Man 11:17 17 Nov 2017

Just been into M&S and bought their entire stock of butter at £1.40 a pack!

  Forum Editor 12:02 17 Nov 2017

"Just been into M&S and bought their entire stock of butter at £1.40 a pack!"

Which is precisely the sort of behaviour that makes things worse for the rest of us.

  Pine Man 12:34 17 Nov 2017

.......they only had one pack;-(

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