Norwegian Butter Crisis
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Norwegian Butter Crisis
The Norwegian butter crisis began in late 2011 with an acute shortage of butter and inflation of its price across markets in Norway. The shortage caused soaring prices, and stores' stocks of butter ran out within minutes of deliveries. According to the Danish tabloid ''B.T. (tabloid), B.T.'', Norway was experiencing "" ("butter panic") as a result of the butter shortage. Shortage Heavy rains during the summer affected the grazing of cows and reduced milk production during the summer months by about , which led to increased butter prices. At the same time, demand increased rapidly – a 20 percent increase in sales in October 2011, with a further 30 percent rise in November. An acute shortage resulted in prices soaring. A single pack of imported Lurpak butter cost Norwegian krone, NOK 300 (€39; £32; $50) by mid-December 2011. For Norwegians, butter forms a staple food, staple part of the Christmas diet, and is particularly popular as part of a fat-rich, low-carb ...
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Norwegian Butter
Norwegian, Norwayan, or Norsk may refer to: *Something of, from, or related to Norway, a country in northwestern Europe *Norwegians, both a nation and an ethnic group native to Norway *Demographics of Norway *The Norwegian language, including the two official written forms: **Bokmål, literally "book language", used by 85–90% of the population of Norway **Nynorsk, literally "New Norwegian", used by 10–15% of the population of Norway *The Norwegian Sea Norwegian or may also refer to: Norwegian *Norwegian Air Shuttle, an airline, trading as Norwegian **Norwegian Long Haul, a defunct subsidiary of Norwegian Air Shuttle, flying long-haul flights *Norwegian Air Lines, a former airline, merged with Scandinavian Airlines in 1951 *Norwegian coupling, used for narrow-gauge railways *Norwegian Cruise Line, a cruise line *Norwegian Elkhound, a canine breed. *Norwegian Forest cat, a domestic feline breed *Norwegian Red, a breed of dairy cattle *Norwegian Township, Schuylkill County, ...
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