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)
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.
Ah, the wonders of self-regulation. That is how an entire country runs out of butter.
I’m not sure how they could have prevented this
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.
Protectionism is only bad when the US does it. When Europe does it it’s beautiful DOP perfection.
Waterproof cows.
I think cows are already IP44 water resistant
You see, they had to be at least IP68
at least it’s a cooperative so it might serve the interest of the producers/farmers (or I’m just naive)
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)