Thursday, March 20, 2025



Maybe there's a connection?

What is going on with the price of butter?, RNZ, 19 march 2025:

If you have bought butter recently you might have noticed something - it is a lot more expensive.

Stats NZ said last week that the price of butter was up 60 percent in February compared to the same time last year.

It recorded an average of $7.32 per 500g block, up from just under $4.50 at the start of last year and just under $5.20 four years ago.

At supermarkets this week, Woolworths' cheapest butter was $7.19, in New World's North Island stores it was also $7.19, while in its South Island stores it was $7.79 and Pak n Save's was $6.89.

Fonterra lifts first-half profit, raises dividend, New Zealand Herald, 20 March 2025:
Fonterra has reported an 8% lift in first-half net profit to $729 million, increased its interim dividend and narrowed its milk price forecast for this season.

The co-op’s operating profit rose by 16% to $1.1 billion.

Fonterra announced a 22 cents per share dividend, compared with 15c in the previous comparable period.

Hmmm. Maybe there's a connection there?

And this once again shows what a shit deal Aotearoa is getting from farmers. They're allowed to steal our water, shit in our rivers, destroy our climate, and poison our drinking water, and we don't even get cheap food out of it. Which should make you wonder why we let any of that happen.

The good news is that we can regulate all of those things. And its really looking like we should. Because there seems to be no reason to let this parasitic, anti-social industry get away with its crimes and give nothing back to society.