BUTTER MARKET IS DEPRESSED BY RAIN
Export Season Lengthened
RETAILERS ADOPTING CAUTIOUS ATTITUDE
DEMAND CONTINUES GOOD.
United Press Association —By Electric Telegraph—Copyright. Received Sunday, 7 p.m. SYDNEY, Fob. 24.
News from Australia that good rains have increased butter production and prolonged the export season has had the natural effect of depressing tlio market Victorian and Queensland butters arc freely offered for shipment up to the last week in March and retailers-are therefore adopting a cautious attitude. Many still have plentiful supplies of butter, bought months or so ago, when Australian supplies seemed unlikely to bo available much longer, at several shillings above present values, consequently there is a holding of the market. Fortunately, consumption remains good. Traders generally think quotations are likely to remain at about the present level.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MT19290225.2.31
Bibliographic details
Manawatu Times, Volume LIV, Issue 6844, 25 February 1929, Page 6
Word Count
129BUTTER MARKET IS DEPRESSED BY RAIN Manawatu Times, Volume LIV, Issue 6844, 25 February 1929, Page 6
Using This Item
Stuff Ltd is the copyright owner for the Manawatu Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.