Surge in butter price points to looming supply shortage

Cooking ingredient increases by 14% in value in just one month
Thursday 13 Jul 2017 Author: Daniel Coatsworth

The price of butter rocketed by 14.1% in June, according to the Food & Agriculture Organization of the United Nations (FAO). Cheese and skim milk power prices also rose by significant amount.

The spike has been attributed by the FAO to limited export availability of dairy products in all major producing countries.

In an interview with the BBC, dairy group Arla believes the UK could face a butter and cream shortage this Christmas.

‹ Previous2017-07-13Next ›

Important information:

These articles are provided by Shares magazine which is published by AJ Bell Media, a part of AJ Bell. Shares is not written by AJ Bell Youinvest.

Shares is provided for your general information and use and is not a personal recommendation to invest. It is not intended to be relied upon by you in making or not making any investment decisions. The investments referred to in these articles will not be suitable for all investors. If in doubt please seek appropriate independent financial advice.

Investors acting on the information in these articles do so at their own risk and AJ Bell Media and its staff do not accept liability for losses suffered by investors as a result of their investment decisions.

The Shares team

Issue contents

Main Feature

The value of your investments can go down as well as up and you may get back less than you originally invested. We don't offer advice, so it's important you understand the risks, if you're unsure please consult a suitably qualified financial adviser. Tax treatment depends on your individual circumstances and rules may change. Past performance is not a guide to future performance and some investments need to be held for the long term.