This is just getting stupid -US Butter cheaper in NZ https://www.nzherald.co.nz/the-country/news/imported-us-butter-lands-in-paknsave-as-cheaper-699-option-to-kiwi-blocks/VPSGARVWTBGLXCPDMT2VJ2YH5Y/ Stores than anything sourced locally
This is just getting stupid -US Butter cheaper in NZ https://www.nzherald.co.nz/the-country/news/imported-us-butter-lands-in-paknsave-as-cheaper-699-option-to-kiwi-blocks/VPSGARVWTBGLXCPDMT2VJ2YH5Y/ Stores than anything sourced locally
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crazy the carbon miles on each block yet still cheap. I wonder how it actually compares
It’s cheaper but not by much and it’s not from grass fed milk which is typically what nz butter is all about. Would take grass fed over grain any day especially if it’s from US.
Try cooking with it.
The price of New Zealand dairy produce is set by an international auction process. Supply and demand drive the price. Fonterra have no meaningfull influence of the price they get.
While this US butter may not be bought and sold by the same process it's a fair bet to say that it's selling price is still largely affected by the auction process. That leads to the question, why is it cheaper?
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mattwnz:
crazy the carbon miles on each block yet still cheap. I wonder how it actually compares
Because International Shipping is actually incredibly efficient, the cost in $ and Carbon of moving a full container around the world is remarkably low..
Its why the whole "High miles = Bad" is actually a misnomer, A grass fed cow that spends its life outdoors in NZ has a significanly lower Carbon footprint than a grain fed, lot raised animal in the US/Europe...
>and it’s not from grass fed milk which is typically what nz butter is all about
I've eaten a lot of butter in a lot of countries round the world... and never met a bad one.
Maybe I've been lucky.
Obviously our butter is sought-after - but I'm happy with a cheaper alternative that isn't spelled margarine.
wellygary:
. . . A grass fed cow that spends its life outdoors in NZ has a significanly lower Carbon footprint than a grain fed, lot raised animal in the US/Europe...
but those grain fed cows sure do taste a whole lot better (meat - no idea on the butter but I think it wouldn't be that different).
Technofreak:
The price of New Zealand dairy produce is set by an international auction process. Supply and demand drive the price. Fonterra have no meaningfull influence of the price they get.
While this US butter may not be bought and sold by the same process it's a fair bet to say that it's selling price is still largely affected by the auction process. That leads to the question, why is it cheaper?
The answer for Aotearoa= near monopoly
Here is a crazy notion, lets give peace a chance.
MadEngineer:clarification: it has less fat which you’ll need to take into consideration.
Try cooking with it.
If it's cheaper people will buy it.
It will sell will.
MikeB4:
Technofreak:
The price of New Zealand dairy produce is set by an international auction process. Supply and demand drive the price. Fonterra have no meaningfull influence of the price they get.
While this US butter may not be bought and sold by the same process it's a fair bet to say that it's selling price is still largely affected by the auction process. That leads to the question, why is it cheaper?
The answer for Aotearoa= near monopoly
Duopoly actually. The two supermarket chains drive the retail price of dairy products in New Zealand, not Fonterra. Fonterra is a price taker
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It's not that much cheaper, less than 3%.
From reading the article it would seem the USA is getting rid of excess local capacity by lowering the price. Also as already mentioned it has a lower fat content. All in all not really comparing apples with apples cost wise.
It'll be interesting to see what happens when the over supply in the US market disappears.
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Whitish. Bit saltier than I am used to. Prefer the local butter.
Starlith: It’s cheaper but not by much and it’s not from grass fed milk which is typically what nz butter is all about. Would take grass fed over grain any day especially if it’s from US.
Technofreak:
From reading the article it would seem the USA is getting rid of excess local capacity by lowering the price.
Is it similar to this American government scheme back in the 80s? https://en.wikipedia.org/wiki/Government_cheese
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