BUTTER FOR AMERICA
NEW ZEALAND SHIPMENT A DIFFICULT MARKET. SHORTAGE IS MERELY SEASONAL. [By Telegraph—Press Association CopyrtghtJ Received Jan. 22. 11 p.m. NEW YORK. Jan. 21. Experimental shipments of Australian and New Zealand butter reached New York from London during the last 10 days, but the marketing has not been satisfactory, due to special problems. Members of the Produce Exchange here who are handling the shipments feel, however, that importations should prove successful, provided that the market can be caught with adequate shipments between now and the spring. Due to a distinct shortage of the commodity the United States’ cold storage supplies are the lowest for many rears The major difficulties in making this market of value to Australian and New Zealand producers are, that the shortage is seasonal, that quick fluctuations in price can be expected to occur and that the time aud distance elements tend to make the venture speculative, even when the price, and conditions are good. Good quality butters, 90 proof or better, presently will be bringing between 33 to 40 cents jer lb., retail,
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https://paperspast.natlib.govt.nz/newspapers/WC19350123.2.86
Bibliographic details
Wanganui Chronicle, Volume 79, Issue 19, 23 January 1935, Page 8
Word Count
179BUTTER FOR AMERICA Wanganui Chronicle, Volume 79, Issue 19, 23 January 1935, Page 8
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