Price of butter continues to head upwards

The price of butter has continued to rise, and could be set to stay that way for some time according to dairy analysts. The demand for reasonably priced butter has seen it become a fundraising favourite and people travelling hundreds of kilometers to the cost price grocey giant Costco to stock pile. Currently the average price of a 500 gram block of butter sits between $8.50 and $11. Senior manager of global market insights at HighGround Dairy in Chicago, and former Kiwi dairy farmer Stu Davison spoke to Lisa Owen.