PRICE OF MARGARINE
MORE THAN FOR BUTTER
Anxiety is often expressed iii New Zealand at the formidable competition of margarine with butter, especially in the great British market, but New Zealand butter was recently in strong competition with its rival substitute, when the London ''Grocer" of February 3 contained an advertisement by. a well-known British distributing firm quoting wholesale New Zealand "finest" butter at 72s per ewt aiid "best" margarine at 765. . ; The following week the quotations -of New Zealand butter and margarine were both 76s per ewt. . ■In Australia every possible effort is made in the sole interest of dairy farmers to prevent the tvade in margarine and there are stringent regulations having their origin in -those interests 'to restrict' its use, even when the price of butter is low enough, to induce those whose ' necessities force them to buy the imitation for the genuine article which they would prefer—if they could afford it. The price of butter in New Zealand has been and still is low enough to make its consumption general, : but margarine manufactured m New Zealand has a market and is described as an excellent article of its kind. ■•-....■
Margatme competition with butter in the British butter market has always to be reckoned with. Its consumption has been greatly reduced since New Zealand, Australian, and other butters have been bo cheapr-far too cheap for the producer But so soon as the price of butter shows that substantial advance which is necessary to ensure producers not only cost of production but a fair profit, then its consumption will drop, it is feared by the trade, and the output in and imports by Great Britain of its powerful rival will increase. •
The point that dairy farmers in /Sealand should not and probably do not lose sight of is that the margarine mamitaeturer must keep his output to within a ton or two of market requirements; whereas the tanner must milk his eo^vs and find a quick- market for his product.
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https://paperspast.natlib.govt.nz/newspapers/EP19340331.2.142.9
Bibliographic details
Evening Post, Volume CXVII, Issue 76, 31 March 1934, Page 14
Word Count
332PRICE OF MARGARINE Evening Post, Volume CXVII, Issue 76, 31 March 1934, Page 14
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