DAIRY PRODUCE DECLINE
INFLUENCES IN OPERATION.
By Telegraph—Press Assn.—Copyright.
Rec. 5.5 p.m. London, April 26. “There is no foundation for pessimistic, views regarding the future of Australian dairying,” said Mr. Mears, a director of Empire Dairies, when interviewed. “The main factor responsible for the lower range of values this season is the exceptionally mild winter in Britain and on the Continent.” He considers there is no justification for the recent collapse of prices. This was largely due to the multiplicity of sellers. If sales had been confined to six or eight sound firms values could have been held at 140 s. Immediately after arrival he withdrew a large quantity of butter from -the 120 s. market. This had due influence on buying, which was now brisk, Australian at 1355. and New Zealand butter at 138 s. Mr. Mears said he estimated that the dairy farmers in Australia had lost this season at least £lOO,OOO through lack of concentrated selling.
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Taranaki Daily News, 28 April 1930, Page 9
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159DAIRY PRODUCE DECLINE Taranaki Daily News, 28 April 1930, Page 9
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