THE BUTTER MARKET.
NO NEED FOR PESSIMISM. INCREASED DEMAND ASSURED. Messrs. A. H. Turnbull and Co., who circulate Weddel and Co.’s market cables in New Zealand, in announcing the latest butter quotations remark: In spite of the sensational drop of 70s per cwt we do not think that butter producers need be unduly pessimistic, as with cheaper butter consumption will be greater and there is more possibility that the stocks in the United Kingdom will be cleared before our next season’s make reaches the market, whilst the fact that Danish butter has fallen to a level at which German}’ and other Continental nations are able to buy is bound to ensure an increased demand. Again, butter factories are assured of a fair price for all butter consumed in New Zealand during the winter, so that we feel it is better that prices should have failed now when the season’s make has already been disposed of at a satisfactory figure rather than later when the new season’s make is just coming on the market.
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Bibliographic details
Taranaki Daily News, 9 June 1921, Page 4
Word Count
173THE BUTTER MARKET. Taranaki Daily News, 9 June 1921, Page 4
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