Butter more and more expensive: The first products break the 3-euro mark - Hochland boss: "I've never seen it before"

Created: 05/05/2022Updated: 05/05/2022 05:28

By: Patricia Huber

After cooking oil, it's probably butter's turn.

The prices for the popular edible fat are increasing significantly.

The first products already cost more than three euros.

The industry is shocked.

Munich - The price increases in the supermarket have not yet come to an end.

While edible oils in particular have risen sharply in price in recent weeks, more and more products from other categories are now also affected.

So now also dairy products.

The butter in particular has risen in price.

Here, customers have to pay more than three euros for the 250-gram block of the Meggle or Weihenstephan brands.

Butter price: branded products already cost more than three euros

At Edeka, Rewe and Kaufland, Weihenstephan butter already costs 3.39 euros, according to data from the price comparison app

.

The price for the Meggle product is 3.09 euros at Edeka and Rewe.

"Prices are rising to an extent that we have not experienced in the past 40 years," Eckhard Heuser, general manager of the dairy industry association, told the

.

At the southern German butter and cheese exchange in Kempten, a kilogram of formed branded butter currently costs between EUR 7.64 and EUR 7.90 per kilogram.

In the previous week, the price was still between 7.04 euros and 7.30 euros.

So there has been a pretty significant price increase here.

Nevertheless, the stock exchange notes good demand.

Customers are apparently not deterred by the high prices.

Butter: That's why prices are rising

But why are prices rising so much?

Here - as in so many other areas - the Ukraine war is significantly involved.

Because the country was considered an important supplier of animal feed and fertilizers.

In addition, the prices for diesel and petrol have risen dramatically, which of course also affects milk trucks.

Heinrich Gropper, the owner of the Gropper dairy, explained to the

that all relevant costs had increased by at least a double-digit percentage compared to the previous year's price.

In addition to raw milk, cardboard boxes and packaging as well as energy now cost significantly more.

Therefore, a flexible price adjustment is all the more important.

This is also confirmed by Hochland boss Peter Stahl, as the

reports.

“The dairies need price increases faster and more massively than ever before.

I have never experienced a similar situation at Hochland in 28 years,” says Stahl.