Ryan Bridge: Why expensive butter prices are actually a good thing

Early Edition with Ryan Bridge · May 29, 2025 · 2m · transcript

The price of butter's shot up 65% over the past year - you might have noticed nana's cookie jar's a bit empty lately.

Bakers are buying in bulk from the Aussies, where it's cheaper.

Online discussion blames our dairy farmers, the co-op that buys their milk, and the producers who sell it.

But, there are a couple of reason its cheaper there than here.

1) We export a hell of a lot more to the world than the Aussies do.

In 2023, they exported 9.4 tonnes. We exported 441 tonnes. They exported 2% of the quantity we did.

That means our price is more susceptible to the international market price. We…