“Last April, we were paying 2,500 (euros) a tonne,” Matthieu Labbé of the baking industry body FEB told The Guardian. “Now it’s 5,300 (euros). At best, consumers are going to have to pay more. At worst, we may no longer be able to get butter.”
Falling milk yields across Europe are to blame for the wholesale butter prices, the publication writes, as French farmers are getting less their milk. Fabien Castanier of the federation of French biscuit and cake-makers told The Guardian bakers face “a real risk of butter running out.”
Butter makes up about a quarter of the ingredients in croissants.
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