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UAE, Turkiye step in as Russia faces butter price spike blamed on 'ice cream demand'
Tribune PK ^ | 11/2/2024 | News Desk

Posted on 11/02/2024 10:25:38 AM PDT by marcusmaximus

Russia is importing butter from the United Arab Emirates (UAE) and Turkiye, in response to soaring butter prices, which have been attributed to rising demand for ice cream and cheese.

The agricultural watchdog Rosselkhoznadzor announced that deliveries from the UAE began on October 18, marking the first shipments of butter from that country to Russia.

Higher production costs, coupled with increased consumer interest in ice cream and cheese, have significantly impacted butter prices, according to dairy producers.

Artyom Belov, chief of the national dairy producer association Soyuzmoloko, told a local news outlet that these product segments are major factors contributing to tensions in the butter and cream market. "Ice cream and cheese are some of the reasons why the butter and cream market is experiencing tensions," he said, emphasising the growing demand.

Butter prices have surged by 25.7% since December, far exceeding the overall inflation rate of 8.6%.

This increase has led to incidents of butter theft in supermarkets, prompting retailers to lock products in plastic containers to prevent shoplifting.

(Excerpt) Read more at tribune.com.pk ...


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1 posted on 11/02/2024 10:25:38 AM PDT by marcusmaximus
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To: marcusmaximus

Butter and eggs... Who needs them? Russia.


2 posted on 11/02/2024 10:41:55 AM PDT by jerod (Nazis were essentially Socialist in Hugo Boss uniforms... Get over it!)
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To: marcusmaximus

I find it amusing that they are blaming butter shortages on increasing consumer demand for ice cream and cheese.

I guess the Russian people were not much interested in ice cream and cheese before 2024?


3 posted on 11/02/2024 10:52:32 AM PDT by jimtorr
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To: jimtorr

They’re making more money due to the war economy. We saw a similar effect to the American economy during WWII. It got us out of Great Depression.


4 posted on 11/02/2024 10:56:54 AM PDT by MinorityRepublican
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To: marcusmaximus

5 posted on 11/02/2024 10:56:55 AM PDT by Who is John Galt? ("...mit Pulver und Blei, Die Gedanken sind frei!")
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To: MinorityRepublican

That is some spin... alternatively the Russians have nobody left to milk or feed the cows.


6 posted on 11/02/2024 10:59:20 AM PDT by Alter Kaker (Gravitation is a theory, not a fact. It should be approached with an open mind.)
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To: Alter Kaker

Russia is on a war footing. That was not the case before the war. And yes, there’s a labor shortage. 1,000,000 Russian men are in the army now.


7 posted on 11/02/2024 11:01:55 AM PDT by MinorityRepublican
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To: marcusmaximus

As long as there’s plenty of vodka, they’ll be fine.


8 posted on 11/02/2024 11:03:44 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: MinorityRepublican

What’s funny is that butter is pure SATURATED FAT, something that most Ukraine War supporters look at as something from the Devil (after all, they’re also trying to rid the West of cows). So, if anything, they should be PRAISING Russia for driving people to give up butter and move to margarine (i.e., trans-fats).


9 posted on 11/02/2024 11:04:46 AM PDT by BobL
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To: marcusmaximus

Russians enjoying ice cream, the horrors, of the dying US sanction regime.

How is Russian getting butter under sanctions? I guess Brics has broke the trade based USD.

The NYT announced Ukraine is no longer a stalemate! The NYT still thinks Ukraine will defeat the poorly trained and equipped Russians in 2025.

The paper of record announces 10 months after Freepers saw it unfold with the FABs, wgo are now being droned out by July’s new weapon. FABs broke Ukraine; Drones wiped out armor and mechanized forces.

Lalalala Ukraine collaspes and Russia creates global shortages by eating ice cream.

Ice cream, the fun food of happy people.


10 posted on 11/02/2024 11:05:58 AM PDT by Jumper
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To: Alter Kaker

[ Russian blogger well connected inside the Kremlin ]

Kremlin snuff box, 10/31/24
https://t.me/kremlin_secrets/4844

Oil prices are breaking records. What’s next? Three alarming moments

The cost of butter has already increased by more than 25% this year. And it continues to grow. Some media even began to compare the situation to “Armageddon.” In fact, everything is not so critical, at least for now. But there are things worth paying attention to.

Firstly, there are several reasons for the rapid rise in oil prices. The key ones are increasing costs and containing prices in previous years. Now, in fact, manufacturers are trying to make money, realizing how much they lost in previous years. The rise in prices coincides with a reduction not only in production, but also in imports (including due to sanctions).

Secondly, paradoxically, the reason for the shortage is the increased consumption of butter and dairy products in general. “There is more money in hand. Well-being has increased, people began to buy things that they had no money for before,” explains a government source.

He confirmed that the welfare increase was primarily due to military payments. Now the market is reacting by increasing prices to increased demand. What is important here is that even in the medium term, demand is unlikely to fall.

Thirdly, how can this situation be resolved? If you remember, a year ago we went through the egg crisis. The situation here is different, because eggs are easier and faster to produce than dairy products. What actions will the authorities take? The introduction of border prices for butter is currently being discussed.

The problem is that this will only delay the rise in prices, as was the case in previous years. Also on the table are proposals to reduce prices by reducing the quality of the product. Manufacturers are opposed here, but the authorities are inclined to this scenario. Traditional marketing things: reduction in pack volume and lack of promotions will also be actively used.

But for now it will either be expensive or of poor quality, which is not always good for health. The government directly says that rising oil prices increase inflation, which means that in the short term prices for other categories of products will go up.

It is impossible to quickly increase production itself, including due to the lack of free production capacity. There will be an attempt to import more actively, but this will only further increase prices.


Kremlin snuff box, 11/01/24
https://t.me/s/kremlin_secrets

Oil prices will increase by another 15% by the end of the year

Business sources agree that the cost of butter will continue to rise. By the end of the year it will increase by at least another 15%.

Price restrictions by government decisions may curb growth, but producers are in no hurry to negotiate with the authorities. They argue that there are enough reasons for a real price increase. In addition to butter, the cost of a number of other products, including milk, is also expected to increase.


Kremlin snuff box, 11/02/24
https://t.me/s/kremlin_secrets

Drinking cola in Russia will become more expensive

The authorities are preparing to increase the “sweet excise tax”. Interlocutors say that the new excise tax could range from 12 to 15 rubles per 1 liter of sweet drink ( from July 2023, the excise tax is 7 rubles ).

But it’s not the number that’s important, it’s the explanation.

“In our culture, there were no sodas or sweet drinks before. Our parents and grandmothers drank compotes, kvass, and water from a well. And they were healthier than they are now. It’s time to put things in order in this matter,” one of the deputies said on condition of anonymity. He considers this decision to be correct, since it “will not only improve the health of Russians, but will also bring more money to the budget.”


11 posted on 11/02/2024 11:07:24 AM PDT by PIF (They came for me and mine ... now its your turn)
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To: marcusmaximus

No country has ever survived a war without butter!!!!

OMG

panic sets in!!

lol


12 posted on 11/02/2024 11:10:47 AM PDT by dp0622 (Tried a coup, a fake tax story, tramp slander, Russia nonsense, impeachment and a virus. They lost.)
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To: MinorityRepublican
1. "In the army" does not mean what it does here, due to the incredible lack of mechanization in Russia. For every trigger-puller, Russia needs huge numbers of men to carry artillery, ammunition, water, food, etc to the front.

2. Don't forget the hundreds of thousands who are already dead!

13 posted on 11/02/2024 11:11:29 AM PDT by Alter Kaker (Gravitation is a theory, not a fact. It should be approached with an open mind.)
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To: jerod

heat, electricity, groceries at all, houses with a roof, a winning army whose average age isn’t EIGHTY

a non comedian for a leader

a non graft filled kleptocracy

and on and on

that’s what Ukraine needs


14 posted on 11/02/2024 11:11:51 AM PDT by dp0622 (Tried a coup, a fake tax story, tramp slander, Russia nonsense, impeachment and a virus. They lost.)
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To: MinorityRepublican

“They’re making more money due to the war economy”

is that why businesses in russia must pay 21% interest rates to operate, carry inventory and/or attempt expansion? ... can you imagine what that would do to the U.S. economy? ... exactly ... the same thing that’s doing to the russian economy ...

and how exactly are they making more money with their “war economy” given that their industrial base is so decrepit that russia is forced to SPEND money to BUY war materials like rockets and drones from third world shitholes like north korea and iran? ...


15 posted on 11/02/2024 11:12:34 AM PDT by catnipman ((A Vote For The Lesser Of Two Evils Still Counts As A Vote For Evil))
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To: marcusmaximus

Does the US still stockpile of Cheese ? LOL


16 posted on 11/02/2024 11:13:22 AM PDT by butlerweave
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To: catnipman
There's a lot of inflation going on in Russia right now. But Russia is making more planes, tanks, ammunition due to the war in Ukraine.

This was not the case before 2022.

Naturally, as a result of the war, there's significant inflation in Russia.

17 posted on 11/02/2024 11:14:48 AM PDT by MinorityRepublican
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To: marcusmaximus

Maybe Bill Gates can help them make Butter from CO2, LOL


18 posted on 11/02/2024 11:14:56 AM PDT by butlerweave
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To: MinorityRepublican

and yet during WWII, inflation was only 3.5% in the U.S.? ... why was there little inflation in the U.S. then, and out of control inflation in russia now?


19 posted on 11/02/2024 11:18:34 AM PDT by catnipman ((A Vote For The Lesser Of Two Evils Still Counts As A Vote For Evil))
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To: catnipman

Inflation in 1945 was 2.3%. One year later, in December 1946, it soared to 18%. It peaked in March 1947 at 20%. By December 1947, it decreased to 9%.


20 posted on 11/02/2024 11:21:19 AM PDT by MinorityRepublican
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