We may have to get used to paying more for butter. 

Kiwi consumers are now consistently paying more than twice as much for butter as they were a decade ago, according to latest Stats NZ figures. 

Supermarkets and suppliers have been under pressure to lower prices. 

Federated Farmers Dairy Chair Karl Dean told Andrew Dickens there’s been a global trend towards consuming more butter, especially in the last five years, ramping up even further in the last twelve months. 

However, he says, what goes up normally comes down, which these bubbles normally do.  

LISTEN ABOVE 

We may have to get used to paying more for butter.&nbsp;
Kiwi consumers are now consistently paying more than twice as much for butter as they were a decade ago, according to latest Stats NZ figures.&nbsp;
Supermarkets and suppliers have been under pressure to lower prices.&nbsp;
Federated Farmers Dairy Chair Karl Dean told Andrew Dickens there’s been a global trend towards consuming more butter, especially in the last five years, ramping up even further in the last twelve months.&nbsp;
However, he says, what goes up normally comes down, which these bubbles normally do. &nbsp;
LISTEN ABOVE&nbsp;

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Early Edition with Ryan Bridge

Karl Dean: Federated Farmers Dairy Chair on the high costs of butter

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/084669c1-0cab-4e09-9db7-b31d017c2566/transcript