BUTTER AT HOME.
AN UNSATISFACTORY MARKET. GLUT OF SUPPLIES. ’ (Received Sunday, 5.5 p.m.) LONDON, March 23. The butter market continues unsatisfactory, chiefly on account of continued heavy shipments from Australia and New Zealand. The quantities afloat to the United Kingdom from Australia New Zealand and the Argentine on March 21, were 699,000 boxes, which was 177,000 boxes more than at the corresponding period of 1928. Another depressing factor is the weakness of Danish, owing to lack of demand from Germany. The consequence is that Danish supplies to England are heavily increased and the official quotation is lowered this week by 25 kroner per hundred kilograms, and the present value here is about 30s per cwt. lower than a year ago.—(Australian Press Association.)
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Bibliographic details
Wairarapa Age, 25 March 1929, Page 5
Word Count
122BUTTER AT HOME. Wairarapa Age, 25 March 1929, Page 5
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