While the cooking oil nightmares did not live up to their rumors, supermarkets will apparently see butter shortages due to dairy farms’ decisions to produce less less. And since cheese is more profitable than butter, dairy farmers are focusing their energies on cheese. Bye bye butter is the newest anthem sweeping Argentina. He added that the government will not intervene in the price of butter but may try to “persuade” markets to sell butter at a certain price. He also attributed to drop to “seasonal” effects such as the increased consumption of butter “by housewives in the kitchen.” That’s right, it’s all Mom’s fault.
Source: The Bubble August 02, 2016 15:33 UTC