THE BUTTER MARKET.
(Published by Arrangement)
Latest London cables report that the butter mmarket has again improved, and New Zealand butter is from 184/- per cwt., equal 1 to a little better than Is sf4d per lb, f.o.b. Allowing for local marketing costs, printing .into lib blocks, delivery, etc,, the London parity of the local market is Is 6%d per lb wholesale. Opotiki butter is being, sold in Auckland at Is 5%d wholesale, and this factory, together witth o /her cooperative factories, is prevented from reaping the benefit from tne London rise by the fact that the N.Z. Co-op. Dairy Company Is selling superfine butter wholesale' at Is 41.jd and second grade at Is 2-y t d per lb . .
This represents a loss to their suppliers of' 2d per lb on first- grade butter and 3 (VI on second giade, which is worth within fad of first grade for export.
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https://paperspast.natlib.govt.nz/newspapers/FRTIM19220426.2.10
Bibliographic details
Franklin Times, Volume 9, Issue 725, 26 April 1922, Page 4
Word Count
150THE BUTTER MARKET. Franklin Times, Volume 9, Issue 725, 26 April 1922, Page 4
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