BUTTER BUYING FORWARD
Considerable activity in. the butter market, in. Taranaki for the last few weeks is reported, and numerous offers ot 12 l-8d have been made, and in the south a number have.been accepted. Three firms are operating:in:'a large way and there is a "ood deal more activity than for some time. The price offered is in excess of market rates at present.. The influence of European production on the ■ future price is considerable. If the Continent has a good spring and there is large production the market may-weaken, in which case the buyers may lose fairly henvily on their transactions. On the other hand, the northern spring may not be good, which would probably give the firms operating a satisfactory margin. The prices, mostly in excess of Is, have been tempting, especially as fairly large.quantities of hutter are being taken by the buyers. Other firms apart from the three mentioned are buying but only cautiously. Sfhere is no inquiry for cheese.
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https://paperspast.natlib.govt.nz/newspapers/EP19310430.2.104.3
Bibliographic details
Evening Post, Volume CXI, Issue 100, 30 April 1931, Page 14
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163BUTTER BUYING FORWARD Evening Post, Volume CXI, Issue 100, 30 April 1931, Page 14
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