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The cost of butter and margarine has skyrocketed over the last year, one of several humble kitchen staples that have surged in price amid the fiercest inflation in 40 years.As of December margarine prices were up a whopping 44% from a year ago,accord
stanley cup ingto the Consumer Price
stanley cup Index, while butter prices jumped 31% during the same period. The average price of butter soared to $4.81 per pound in December, up from $3.47 a year prior,accordingto the Federal Reserve Bank of St. Louis.Egg prices have soared 60% in a year. Here s why.Margarine producers blame the ongoing Russian invasion of Ukraine for disrupting production of their main ingredients, which are vegetable oils such as sunflower or soybean. Supply issues are also largely responsible for pushing up butter prices. Many dairy farmers significantly thinned their herds after struggling financially during thecoronavirus pandemic, said Peter Vitaliano, chief economist at the National Milk Producers Federation. That has reduced the amount of milk required for making butter. It was almost as if dairy far
stanley cup mers had thrown in the towel, Vitaliano told CBS MoneyWatch. Basically the cow herds significantly dropped during that same period. Cheese over butterMost of the remaining milk supply in 2022 went toward producing more cheese, so butter production was particularly squeezed compared to demand, Vitaliano said.Farmers are again looking to expand their cow herds, which should return bu Oxka Calif. beaches closed after fishermen tussle with great white shark
HARVARD, Mass.- A rotary club in a small Massachusetts town of 6,000
stanley cup residents is gearing up for its annual rubber ducky race where the winner s prize is a free dinner for two anywhere in the world.The Boston Globe reports that the winner of Harvard s Ducky Wucky River Race will receive free airfare, a two-night stay at a hotel and the fancy dinner.The Ayer Rotary Club will kick off the festivities on May 7, when a large construction vehicle will dump thousands of numbered ducks into the Nashua River to float downstream. Last year s champion dined in Venice, Italy. Rotary member Jason Kauppi says past winners have traveled as far as Paris, Tokyo and Australia.The event finishes off the town s Apple Blossom Festival, which is celebrating its 64th year.
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