BUTTER CONTRACTS.
PROSPECTS IN BRITAIN.
HIGH PRICES TO RULE.
By Telegraph—Press Association—Copyright Australian and N.Z. Cable Association.
(Received January ]9, 0.10 a.m.) LONDON, January lu. Nothing has been settled with tho Food Controller regarding future contracts lor New Zealand butter.
Sir 'I iiomas llackcnaio, in an interview, stated that the situation is exceedingly linn. In view of. the fact that tho Home butler maker is freed from control, and of flic Controller’s recently expressed opinion that butter should not exceed -Is Gd a pound, though fanners have suggested that tho price should be fe, the opinion held is that prices are iikelv lo rim to anything between ds Gd and os.' There is a groat demand for pond bdtter. and New Zealand, with the reputation of her produce, can command a good price.As there has boon a reduction of cattle in European countries, amounting to millions, it will take years to restore normal production. Even if the Controller does not make a reasonable, offer for next season’s butler New Zealand produce will ho on safe ground, because of the open market. It is expected that the shipping situation will then be easier, and producers may expect, a considerable increase in the price obtained under the existing contract,
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https://paperspast.natlib.govt.nz/newspapers/TS19200119.2.30
Bibliographic details
Star (Christchurch), Issue 19849, 19 January 1920, Page 4
Word Count
207BUTTER CONTRACTS. Star (Christchurch), Issue 19849, 19 January 1920, Page 4
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