Saturday, July 21, 2018
 Canada Is Getting 4,000 Tons of Emergency Butter  

Canada, a leader in butter production, is suffering from a massive butter shortage just in time for the holidays. In fact, the Canadian Dairy Commission is having 4,000 tons of butter ordered for the country. The butter will come from the U.S., New Zealand, Ireland, Belgium, and Uruguay.

 

Since 2014, “there has been an increase in butter consumption,” according to Canadian Dairy Commission spokesperson Chantal Paul in an interview withLa Presse. The shortage comes the price of butter has dropped in recent days due to a glut of the product, according to Bloomberg. Spot cash butter fell 18% to $2.30 per pound, which was reportedly the largest drop in 11 years.


Source: Fortune

 


Posted on Thursday, December 17, 2015 (Archive on Thursday, December 24, 2015)
Posted by bholcomb@adpi.org  Contributed by bholcomb@adpi.org
Return