BUTTER IN BRITAIN.
TRADE SUMMARY REPORT. PRICES DECLINE. ONE FAVOURABLE FACTOR. (Received 11 a.m.) XOIsTDON, December 23. It was hoped that news of restriction on Australian and Xew Zealand buttei exports would have steadied the market This, unfortunately, has not been tht case, and prices declined 3/ or 4/. Consumption is still very good, with retai! prices at 9d and 10d a lb, while stocks in cold store have been reduced to 440,0(X boxes, but with heavy gradings from tralia and Xew Zealand. The large quanti ties due to arrive in January have made buyers nervous, and they are only opera t ing from hand to mouth. There is one favourable factor in the position—a considerable shrinkage of Con tinental supplies, except Russian, whicl continue larger than last year. Cold store stocks of Russian am Baltic buttere have rapidly declined, am should be practically cleared by the em of the year, so the Empire butter will have larger outlet, with Danish only as £ serious competitor.
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Auckland Star, Volume LXIV, Issue 304, 26 December 1933, Page 4
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165BUTTER IN BRITAIN. Auckland Star, Volume LXIV, Issue 304, 26 December 1933, Page 4
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