LOW-PRICED DAIRY PRODUCE.

Evening Post, Volume CXV, Issue 119, 23 May 1933, Page 10

LOW-PRICED DAIRY PRODUCE.

Messrs. Samuel Page, Son and Co., London, in a letter to Dalgety and Co. reviewing the dairy produce situation, remark that "there is apparently a revival of the tendency to blame marketing arrangements here for the continuous fall in values, but the principal causes seem to be overlooked. Almost the sole reason for the present low price of butter, apart from the world-wide fall in all values, is, iv our opinion, the enormous importation, and this country has simply been unable to absorb quickly enough the tremendous supplies, while as for poor selling arrangements being responsible for low prices it is interesting to note that Canadian farmers are urging their Government to pass an anti-dumping Bill as a protection against the low rates at which New Zealand is sending butter there, while friends of "ours, in the West Indies say our quotations are no longer competitive, as they can buy cheaper direct from New Zealand. . . It would almost seem as though the saturation point has been reached as far as consumption is concerned, and no great increase is really expected from the general reduction to 9d per lb retail (in some shops it is 8d) for New Zealand and "Australian butter."