BUTTER PRICES.
WHY THE DANES LEAD. MINISTER EXPLAINS. (BY TELEGRAPH —PRESS ASSOCIATION.) WELLINGTON, July 16. The reasons for the price of Danish butter being at a considerable premium over that of New Zealand butter during the past season were explained to the House to-day by the Minister for .Agriculture. Two of the reasons, he said, were: (a) The Danes* have been selling considerable quantities to the United States and Germany and to other European countries, thus keeping the quantities for export to the United Kingdom short of the demand; (b) New Zealand butter has not arrived regularly and in uniform quantities in the United Kingdom. There are, however, other factors at work, such as more or less extensive speculative buying when prices have reached a minimum. Such purchases of butter from one country affect the margin between the prices of butter from that country and another.
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Hawera Star, Volume XLVIII, 17 July 1924, Page 5
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146BUTTER PRICES. Hawera Star, Volume XLVIII, 17 July 1924, Page 5
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