Lurpak butter| Arla, the creator of Lurpak, issues a warning about rising dairy prices.


Dairy prices are expected to stay high due to a reduction in global milk output and rising costs, according to the company that makes the butter brand Lurpak.


As a result of large price hikes, Arla recorded a 17% gain in revenues for the first half of the year.


Consumers recently expressed outrage that some retailers were charging more than £7 for a 750g tub of Lurpak.


The Ukraine crisis, according to Arla, the biggest supplier of fresh milk and cream to the UK, has increased farmer expenses.


Dairy prices are expected to stay high due to a reduction in global milk output and rising costs, according to the company that makes the butter brand Lurpak.


As a result of large price hikes, Arla recorded a 17% gain in revenues for the first half of the year.


Consumers recently expressed outrage that some retailers were charging more than £7 for a 750g tub of Lurpak.


The Ukraine crisis, according to Arla, the biggest supplier of fresh milk and cream to the UK, has increased farmer expenses.


The business predicted that "ongoing inflationary pressure and political turmoil" would make the second half of the year "much tougher."


Revenues increased to €6.3 billion (£5.3 billion) during the first half of the company's fiscal year, according to Arla, and this was "nearly completely driven by increasing prices," since the company's sales volume fell somewhat in several areas.


According to Arla, the continued drop in global milk output is anticipated to "add to ongoing high dairy costs," which would likely result in further declines in consumption.


The company reported flat growth for its branded products like Lurpak after a solid performance during the pandemic driven by increasing at-home use.


In particular, the butter and spreadable category were cited as an example of where consumers were already buying less and "trading down" to less expensive goods.


As customers bemoaned skyrocketing pricing earlier this year, Lurpak became a trending topic on Twitter. Currently, a 750g container of the spreadable butter costs £6.75 when ordered online from Tesco and £6 when ordered from Asda.


wereIn July, numerous customers posted images of the goods covered in security tags. Asda said that this was a store-by-store choice, however other customers may have observed a specific product going missing.


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