BUTTER PROSPECTS BRIGHTER.
United Press Assn. —By Electric Tel egra ph—Copyr i gb t. LONDON, September 16. The recent improvement in the butter trade has been well maintained, and traders are hopeful regarding future prospects, for the statistical position *looks better than for a long time. Not only are the stocks in cold store being substantially reduced, but tile quantities afloat from New Zealand, Australia and the Argentine are 180,000 boxes less than for the corresponding period of 1933.
As the newspaper “The Grocer” points out, owing to the long spell of hot, dry weather in all European butter-producing countries production is rapidly declining. Germany, France Belgium. Italy, Switzerland and other countries will have to increase their quotas almost immediately. and undoubtedly must import butter much earlier this y«ir than last, as they have very ' small reserve stocks.
Although the hot weather has proi ed beneficial to bulter prices, it has had a contrary effect on eggs, the production of which has been stimulated. This lias caused a smaller demand for Australians which have been somewhat difficult to sell.
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Bibliographic details
Pahiatua Herald, Volume XLI, Issue 12451, 18 September 1933, Page 5
Word Count
179BUTTER PROSPECTS BRIGHTER. Pahiatua Herald, Volume XLI, Issue 12451, 18 September 1933, Page 5
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