Read more: Argentines Raid Supermarkets For Oil Ahead Of Price HikesThere is a butter shortage in Argentine supermarkets and the momentary shortage has hiked up prices. While butter is following oil off our supermarket’s shelves, their absences stem from different causes. The president of the Chamber of Small Dairy Businesses, Pablo Villano, has attributed the butter shortage in part to lower prices being paid to producers at the beginning of the year, which discouraged dairy production. Villano also attributed the butter scarcity to the autumn climate in the provinces of Cordoba and Santa Fe, which led to a drop in production and unfortunately, when dairy production drops, butter suffers the most. To avoid this in the future, Villano said that dairy production “will have to be regulated come spring.”However, we may not have to endure too may days of naked toast.

Source: The Bubble July 27, 2016 14:53 UTC