PRICE OF BUTTER
UNEXPECTED DROP.
A GLOOMY VIEW.
LONDON, Saturday. There has been an unexpected collapse of butter, and Tooley Street gloomily inclines to the belief that the market has not yet touched bottom. Operators are nervous, especially as they recall that prices went to pieces in October, 1935. One of the few props to the market has been the prospect of American enquiry, owing to the drought affecting production there, but so far only a few odd shipments have materialised*. Continental varieties are also depressed, though Danish has been pegged during the last feAV Aveeks. Some dealers are hopeful of a slight improvement Avhen buyers regain confidence, but none go so far as to predict recovery to any marked extent. Cheese is affected by the weakness of butter, but the position is statistically sound.
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Bibliographic details
Wairarapa Daily Times, 14 September 1936, Page 5
Word Count
135PRICE OF BUTTER Wairarapa Daily Times, 14 September 1936, Page 5
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