DAIRY PRODUCE
LONDON LEVELS MARKETS VERY QUIET LONDON. March 19. Although nothing definite has been arranged regarding the restriction of butter imports, traders generally hold the opinion that some reductions will bo made. This has caused a general improvement in prices. Choicest New Zealand is now fetching 80s per cwt., and Australian 78s, but stocks in cold store still exceed 20,000 tons, and with shipments still heavy, even the most optimistic observers do not anticipate any considerable recovery in prices. An important factor is the decreased Continental demand owing to restriction by quotas and high tariffs, which has prevented surplus butter from hero being shipped to the Continent. The result is that re-exports to European countries during the last three months have been .10,000 tons less than during the same period of 1932.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WPRESS19330321.2.60
Bibliographic details
Waipukurau Press, Volume XXVIII, Issue 74, 21 March 1933, Page 8
Word Count
133DAIRY PRODUCE Waipukurau Press, Volume XXVIII, Issue 74, 21 March 1933, Page 8
Using This Item
NZME is the copyright owner for the Waipukurau Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in