BUTTER PRICES THEN AND NOW.
In 1923-21 the price of New Zealand butter In London did not fall below 185s from ißt September till ICth February, when a strlko intervened. In 1924-25 It did not fall below 180s from 2nd August till Christmas. In 1825----26, butter got to tho 185s mark before the end of Juno, and did not go under that all mid-December. So although this year's rlso is long deferred, tho price- having again fallen below 1703, there aro still three months ahead that, on past years' experience, should be the best. Ko one can see far into tho future, because, in addition to the world-movement 10 lower price-levels, there are special factors peculiar to Britain (as the coal strike) and also special factors particular to the trade (excessive storago this year). The million boxes of butter in store in England include 030,000 New Zealand, Of tho 1)00,000 it is understood that at. least 80 per cent, is hold by dairy companies, not by the New Zealand Dairy Producers' Control Board.1
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Bibliographic details
Evening Post, Volume CXII, Issue 55, 2 September 1926, Page 11
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173BUTTER PRICES THEN AND NOW. Evening Post, Volume CXII, Issue 55, 2 September 1926, Page 11
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