Economics

In the News

Why is the price of butter going up?

Geoff Riley

10th September 2017

A great supply and demand mini case study to use as part of introductory micro teaching. A shortage of cream threatens a hefty hike in the price of butter.

More coverage of record high butter prices here. Is it good news for dairy farmers?

Record high butter prices 'unlikely to ease' for months https://t.co/Wvszhy6JGJ (£) pic.twitter.com/jn2rPv8dsS
— The Grocer (@TheGrocer) July 21, 2017

Rising costs force Dairy Crest to cut spending as butter prices hit record high https://t.co/3UE5DVr2sV
— Financial Times (@FinancialTimes) July 18, 2017

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

@tutor2uGeoff