Price wars: Supermarkets cut cost of butter amid concern from farmersTomas DohertyIreland's leading supermarket chains are cutting the cost of own brand butter. Aldi will also be reducing its butter prices, with 454g cut to €2.99, and the 227g (half pound) to €1.85. It comes just days after the price of milk was cut at supermarkets. The move was concerning for farmers, who were “working below the cost of production,” Tim Cullinan, president of the Irish Farmers Association (IFA) said. Official figures show the national average price of butter rose to a peak of €3.85 in March this year.

Source: Irish Independent May 03, 2023 23:06 UTC