NEW ZEALAND BUTTER
AUSTRALIAN IMPORTATION VIEWED WITH CONCERN DISORGANISATION OF LOCAL MARKET FEARED BY Telegraph.—Press association. Copyright. Melbourne, December 11. Members of the Dairy Produce Control Board and the Stabilisation Committee view with concern the probability of further importations into Australia of New Zealand butter. It has been learned that merchants and speculators in Sydney have been making purchases of New Zealand butter for immediate and forward delivery. It is stated that, while drought conditions prevail in Queensland and parts of New South Wales, in Victoria production is practical}'. normal, and there is a total surplus in -Australia of' more than 40,000 cases a week. This is mainly Victorian, and would be available for other States. Importations from New Zealand will have the effect of disorganising the Australian market and reducing the price against dairy farmers. The Stabilisation Committee decided to call meetings of wholesale distributors in Sydney and Brisbane with the object of pointing out to. them that there was sufficient butter in Australia to meet the requirements of the Commonwealth. A meeting of- Melbourne distributors resolved that the importation of New Zealand butter was unnecessary, and prejudicial to the interests of producers in Australia.
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Bibliographic details
Dominion, Volume 20, Issue 67, 13 December 1926, Page 9
Word Count
196NEW ZEALAND BUTTER Dominion, Volume 20, Issue 67, 13 December 1926, Page 9
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