The Trouble With Butter: Tight Dairy Supplies Send Prices Surging Ahead of Baking Season

[mahatmakanejeeves]

Lower milk production on U.S. dairy farms and labor shortages for processing plants have led to tight supplies of butter, sending prices soaring

wsj.com
The Trouble With Butter: Tight Dairy Supplies Send Prices Surging Ahead of Baking Season
Lower milk production on U.S. dairy farms and labor shortages for processing plants have led to tight supplies of the kitchen staple, sending prices soaring and

Link to tweet

[sl8]

1. Please, please, please, don't let the butter shortage impact Norway!

A Butter message to the USA!

luberg b

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https://www.huffpost.com/entry/a-butter-message-to-the-usa-video_n_1163352
'A Butter Message To The USA!': Norwegian Butter Crisis Vlogger Inspires Video Responses

[Chainfire]

2. I have a pound of butter in the fridge. That should last me until next Summer.

[jimfields33]

4. I have one in the freezer. I think it last forever.

All the drama over butter it’s ridiculous. It’s like six dollars for 4 sticks of butter. It’s not like it’s unaffordable. You could always go cheap and get four sticks of margarine for $2.50.

[TheRealNorth]

3. Prices have been low for so long for dairy

Put a lot of farmers out of business, since apparently dairy farmers don't have the political sway of corn farmers and ranchers.

[Farmer-Rick]

5. Mmmm, butter make it taste better

That's was a saying we had around the house when the kids were young.

Anyway the real problem is how to control the price of milk in a capitalist economy. When times are good dairy farmers starve, and when times are bad dairy farmers profit. Yet people still want milk and all the lovely products made from it.

A walk down the history of milk price controls is a lesson in what doesn't work in a capitalist economy. That insurance idea they had back in 2014 is what put a lot of dairy farmers out of business recently.

Free market capitalism doesn't work to keep milk prices stable. It does just the opposite. Since the 1930s America has been trying to have flourishing dairy farms and a free market capitalist market in milk. You can't do both.

The truth is agriculture has to be supported by the government or everyone will go do something else, except for factory and huge corporate farms. And they too get subsidies and guaranteed markets from the federal government. But that seems to be what the US wants. One giant corporation controlling your food, betting on it in commodities markets and selling it to you at very high prices. Works for the filthy rich.

[Warpy]

6. Oh well.

Dairy is heavily subsidized, so I have to wonder why supplies are tight.

Feed prices must be soaring, forcing herd culls. Dairy farming is a tough way to make a living, but people do make a living at it.

Not sure about labor shortages at processing plants. Maybe we need to let some of those asylum seekers in, already.