• OwOarchist@pawb.social
      link
      fedilink
      English
      arrow-up
      59
      arrow-down
      1
      ·
      2 days ago

      Tine, which produced 90 percent of Norwegian butter at the time and was both the largest dairy cooperative in the country and the market regulator

      Ah, the wonders of self-regulation. That is how an entire country runs out of butter.

      • arrow74@lemmy.zip
        link
        fedilink
        English
        arrow-up
        8
        ·
        1 day ago

        Heavy rains during the summer affected the grazing of cows and reduced milk production during the summer months by about 20 million litres (5.3 million US gallons)

        I’m not sure how they could have prevented this

        • OwOarchist@pawb.social
          link
          fedilink
          English
          arrow-up
          9
          arrow-down
          1
          ·
          1 day ago

          They had high tariffs on butter to protect local suppliers … 90% of those local suppliers were part of the same co-op that ran the regulatory body which made decisions on tariffs.

          Yeah, a supply/demand shock is what triggered the gun … but what loaded the gun and provided the ammunition was a self-regulating industry setting protectionist policies for themselves.

          • Soggy@lemmy.world
            link
            fedilink
            English
            arrow-up
            3
            arrow-down
            1
            ·
            23 hours ago

            Protectionism is only bad when the US does it. When Europe does it it’s beautiful DOP perfection.

      • FreddiesLantern@leminal.space
        link
        fedilink
        English
        arrow-up
        14
        ·
        2 days ago

        I dunno man, running out of butter once doesn’t seem that bad in comparison to whatever the fuck we have going on now globally. (And are about to)

    • Ephera@lemmy.ml
      link
      fedilink
      English
      arrow-up
      12
      ·
      1 day ago

      A single 250 g (8.8 oz) pack of imported Lurpak butter cost NOK 300 (€39; £32; $50) by mid-December 2011.

      …Do Norwegians know that other forms of fat are available?

    • arudesalad@piefed.ca
      link
      fedilink
      English
      arrow-up
      2
      ·
      1 day ago

      A single 250 g (8.8 oz) pack of imported Lurpak butter cost NOK 300 (€39; £32; $50)

      That sounds quite reasonable for lurpak