Butter’s up, but don't blame the processors – or the supermarkets

Butter’s up, but don't blame the processors – or the supermarkets
The state of the butter section at the Costco megastore in West Auckland recently shows how precious the product has become. (Image: BusinessDesk)
Riley Kennedy
“Butter blowout: The $12 block hitting your wallet.”“Who’s to blame for soaring butter prices?”“Here’s how much butter prices might still have to rise.”Stories and headlines like these lamenting the high cost of butter on our supermarket shelves have been the gift that keeps on giving in recent times.The dairy aisle appears to have become a lightning rod of frustration about the cost of living.Stats NZ figures last month showed the average price for two litres of milk was $4.57, up 15.1% over the...

More Primary Sector

Yashili runs at a loss for another year
Primary Sector

Yashili runs at a loss for another year

The Chinese-owned dairy processor has not turned a profit since 2019.

Ravensdown likely to start passing on rising fertiliser costs
Primary Sector

Ravensdown likely to start passing on rising fertiliser costs

Absorbing rising global costs is no longer sustainable for the co-op in the long term.

Synlait shares slump 11% even as outlook brightens
Primary Sector

Synlait shares slump 11% even as outlook brightens

The market is disappointed about manufacturing challenges. 

Rebecca Howard 30 Jul 2025