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    Europe Is Almost Out of Butter

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    Jan1
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    Europe Is Almost Out of Butter

    Post by Jan1 on Mon Jul 31 2017, 13:01


    Butter is now so popular in Europe that people are starting to nibble at the stocks, leading to a sky-rocketing demand for the rich and healthy spread.

    At the same time the appeal of margarine is plummeting – a result of the shifting view on saturated fat that has taken place in the last couple of years:

    Bloomberg: Europe’s Butter Mountain Has Melted Away
    https://www.bloomberg.com/news/articles/2017-07-27/europeans-eat-into-butter-mountain-in-sign-high-prices-to-linger

    And also seen on Diet Doctor site
    https://www.dietdoctor.com/

    Have you seen the Anchor post/thread?
    Lovely anchor butter is currently £1-30 at Sainsbury  Smile
    http://lowcarbdiabetic.forumotion.co.uk/t3202-anchor#28002

    All the best Jan
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    Jan1
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    Re: Europe Is Almost Out of Butter

    Post by Jan1 on Sat Sep 02 2017, 13:00

    The above post dated 31 July 2017 ... fast forward to an article dated 30 August 2017.

    EU heading for butter shortage by year end


    Dairy producers have warned that the EU faces a butter supply crisis by the end of the year, as changing demand and market imbalances send prices to a historic high.

    Peder Tuborgh, CEO of Arla Foods, one of the world’s biggest dairy cooperatives owned by 12,500 farmers across the EU, told Reuters on Friday (25 August) that “There has been a scarcity of milk in the whole world after the very low prices last year. […]It will not at all be possible to meet demand up to Christmas.”

    Farmers cut their output following a sharp fall in milk prices last year, as the end of the EU’s milk quotas threw the market off kilter.

    Tuborgh said shortages of milk, cream and butter were pushing up prices “significantly”. In September Arla will increase the price it pays to farmers for the third consecutive month to 38.3 euro cents per kilo.

    Changing demand, not shortage

    Butter is currently 150% more expensive than it was one year ago, at €612/100kg, and the shortfall on the EU market is expected to reach 60,000 tonnes by the end of the year. But the Commission has insisted this is not down to a shortage of milk but to changing demand within the dairy sector.

    “For the month of June, production increases in 19 member states more than offset decreases in nine others (including France and Germany),” Commission sources told EURACTIV.com. The EU executive expects overall EU milk production to be around one million tonnes higher this year than in 2016.
    “The butter situation results from strong competition for the fat component of milk,” the EU official said. “It is mainly due to milk fat being directed to cheese production to meet strong demand for cheese, whose manufacture offers better returns than butter production.”

    “The food chain needs to work better”
    Another reason for the shortfall in butter supply, according to Pekka Pesonen, the secretary-general of the association of EU farmers and agri-cooperatives Copa and Cogeca, is the booming export market in the US, where consumers are increasingly choosing butter over margarine.

    Pesonen stressed that farmers wanted to satisfy demand for milk fats while not adding to price-depressing surpluses of other milk products such as skimmed milk powder.
    “What also needs to be resolved is the correlation between the butter price and the price the producer gets. Producer prices have not risen as much as prices for butter. The food chain needs to work better,” he said.

    https://www.euractiv.com/section/agriculture-food/news/eu-heading-for-butter-shortage-by-year-end/

    Also seen on Diet Doctor site
    https://www.dietdoctor.com/

    All the best Jan
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    graham64
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    Re: Europe Is Almost Out of Butter

    Post by graham64 on Sat Sep 02 2017, 23:25

    Plenty of butter in the shops at present but will keep a look out for any impending shortages and if necessary stock my freezer up  Smile


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    chris c
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    Re: Europe Is Almost Out of Butter

    Post by chris c on Sun Sep 03 2017, 00:55

    And In Other News, Last Tango In Paris banned . . .

      Current date/time is Sun Nov 19 2017, 04:43