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Sep 25, 2010 09:30 AM

The Price of Butter

Here in the Greater Boston area, I've noticed a spike this month in the price of butter. Since Labor Day, butter that previously sold for the past 2 years in value-oriented supermarkets (Market Basket, Hannaford, and Price Rite) for $2/lb has jumped 35-40% in price.

Apparently, this price spike for butter might ease back as production surges, but sugar prices will not (and, frankly, should not).

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  1. Yes, since the middle of August there has been a sharp spike in almost all dairy prices, pork as well. Pork is not expected to ease, dairy should, but probably not until after the holidays.

    4 Replies
    1. re: DiningDiva

      Coincidently, I was just at a Costco ; I purchase their "Kirkland' Unsalted Butter because it has a very "high score", meaning the water content is quite low and it minimizes the splatter and spitting when sauteing. I do not know which creamery produces this for them but it is of very good quality. The price was$9.99for a 4 lb pack. or $2.50/lb.

      1. re: ospreycove

        We use Kirkland butter too and it's pretty good. I use it in baking and candy making with no problems.

        1. re: ospreycove

          $7.49 for 4 pounds at Costco yesterday. The day after Christmas...

          1. re: Cathy

            Sam's was 9 something for 4 lbs last week.

      2. I just noticed the same last week in Florida. Store brand butter could usually be bought for 2 for $5.00 at the most. It is now $3.59/lb. What's up with this? I find it hard to believe there is a supply problem, but I guess it is possible because of some freaky summer weather in the entire eastern U.S.

        1. *in the house* totally agree with you (@sarge, I'm in FL too)...I have a Land O'Lakes coupon for $1.00 off any size package and I'm thinking the 8 ounce (2 sticks) is the size I'll buy...sheesh!!!! Terrible prices...only good thing is that I'm just baking for my son and I only need a little, but yeah, very noticeable!

          1. Geez, it's about 4$/lb here in Montreal when not on sale.

            1 Reply
            1. re: AnchovyBourdain

              Might be due to the clout of the Quebec dairy farmers. Here in Toronto, it's almost always on (as a loss leader, perhaps?) at $2.99/lb. Certainly, often enough that if I buy 2 lbs, and put one in the freezer, I never have to pay more than that.

              And my ex travels to Buffalo often, where she stocks up on butter at $2/lb.

            2. Just 2 cents from someone who worked in dairy farming for a few years- we had strange summer weather (affects feed prices) and high oil prices (which drives up the price of fertilizer and fuel, thus drivng up feed). No matter how you slice it, this is going to force the hand of the milk price, no matter how subsidized it is. I would just be thankful that we don't pay for the true cost of producing milk and milk products.