Thu. 10/06 - Jinkies! I Can't Believe Butter Is So Expensive
Cool Stuff Daily
Reggie Risseeuw and Marques Pfaff
4.6 • 739 Ratings
🗓️ 6 October 2022
⏱️ 19 minutes
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| 0:28.7 | it's thursday october 6th, 2022. I'm Jackson Bird today. I'm back with another shortage report. This time, butter. Plus, sleep tourism is apparently a thing now. And Velma from Scooby-Doo is officially super gay, for real this time. Here's some cool |
| 0:58.8 | stuff for your ride home. Well, it's that time of year again. With the holidays imminent, |
| 1:07.3 | the supply chain is going to once again be straining under the pressure of increased |
| 1:12.2 | demand. And the first product poised to be on the chopping block? Butter. RIP, Southern |
| 1:18.7 | holiday meals. The butter shortage is coming just in time to strip your traditional family |
| 1:23.8 | recipes of their most holy ingredient. Butter prices are up, and experts say they won't be going down any time soon, or at least |
| 1:33.0 | not until after the holidays. |
| 1:35.1 | CNBC cites the Federal Reserve Bank of St. Louis for average prices per pound of butter. |
| 1:40.7 | In January, it was $3.67 per pound. Last month, in September, it was $4.70, |
| 1:50.0 | over a dollar increase per pound. According to the Wall Street Journal, grocery prices |
| 1:55.5 | overall rose 13.5% over the past year, which is the largest annual increase since 1979. |
| 2:03.6 | Butter on its own rose 24.6%. One of the sharpest increases of all basic groceries, according to the U.S. Labor Department. |
| 2:13.2 | What is driving the price of butter up so high? Demand is part of it. |
| 2:17.9 | Demand is especially high in the northeastern U.S. right now. |
| 2:21.7 | And on TikTok, there's a new trend online called butterboards. |
| 2:27.4 | They're like cheese or charcutory boards, but instead of cheese or meat, |
| 2:32.0 | you slather soft butter onto a board with a sort of oil painting look |
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