Holy Price of Butter

This has been all over the news today, but when I went to the supermarket on Saturday (Asda) the butter that I ususally pay .72p for (either kerrygold or Country Life) has SHOT up to 96p and £1.02....I can't believe it!!!

Anyway, thought I would share.

I've found that too.  Made me feel old talking about the high price of butter with the old wifey at the store. 

I know it is ridiculous. I was going to buy some hard butter for baking yesterday, I got Stork instead!

All dairy and bread/wheat is suspposed to go up now, isn't it?

DH is a section manager for Waitrose and he told me this morning that they've just had loads of price changes. Would be nice if cost-of-living pay rises reflected this. And petrol price increases. 

I've noticed flour has gone up quite a lot as well, over 20p a bag on this time last year. I know there is high global wheat demand, but it is over a 20% rise in price.

I get my butter at ALDI, it was only 65p per 250g for unsalted. You might want to try there. I could swear it was Lurpack.

I've noticed it more with eggs recently.  I used to get our usual weekly 6 medium free range eggs for well under a pound at Tesco - now it's £1.28!!  I try and go to Lidl (89p) for eggs, but that's not always possible.  I hate when trying to be vaguely ethical is punished in the wallet.

We have a bakery van that delivers to our office everyday and they had to raise the price of baked goods by .05p. because of flour prices.

Also, that van has nothing to do with the fact that while I run or walk five miles a day I have only lost about 4 pounds.  Nothing at all. 

Why is it going up so much suddenly? Does anyone know? 

Well, the price of gas for one thing. 

China's increasing interest in all things Western including a new diet of more diary based products. 

Weather issues this summer, too damp, not enough sun.

More fields around the world being used to grow bio-fuels instead of food products. 

I am sure there are more including the economy. 

I thought maybe it was all the cows being culled because of that foot in mouth thing (or whatever it's called.. shows what I know!). I didn't think of outside factors though.

Hiya,

Yes in 'General' it's a combination of things, as mentioned by bookgrl. The place all this happens - in effect - is on the stock trading floors and that's where any 'changes' are felt first causing a 'rippling effect' throughout the economy, the regional and then the world economies.

Food is a very prominent place where price increases due to the above and also local and national factors is felt by the general population. Ever since the recent 'big change' of the US Sub Prime mortgage fallout,  Food prices was amongst the top items that were noted to get almost immediate price increases - along with energy prices, petrol pump prices. As alot of food is imported into the UK, the increased transport costs etc to get it here means it cost more further up the supply chain - net effect is the consumer pays more.

Be aware that other 'staple' factors will start to probably increase in cost/price - living costs, insurance costs, transport costs, borrowing costs (aside from interest rate increases)  are likely to increase leaving less disposable income for most of the population.

Reign in spending everyone!

Cheers DtM! West London & Slough UK!

I get my butter at ALDI, it was only 65p per 250g for unsalted. You might want to try there. I could swear it was Lurpack.

me too, but mine wasnt Lurpak, it was a German brand.

i saw the news poster saying that the large turkeys will hit over £100 this year...

i'm a pretty hard core baker, and have noticed the big difference.

i don't use eggs from battery hens, but the other day i noticed how much the price had gone up on the whole whilst out shopping for a few odds and ends.

i get ours rom a farmer up the road.  she said the price of the feed has gone WAY up because of the flooding in the south this year. 

she's still cheaper than a supermarket and i know her chicken are happy - the DDs like to see them when we go over.

this gal is now doing a booming business since supermarket prices have gone up.

i tried another brand of butter besides Lurpack and it just didn't soften easily.  i had to sit it near the heater to soften it.

if you have a Lidl near you i'd suggest getting flour from there, it's cheaper and works just as well as any other i'd baked with.