MARKET FACTORS
Fluctuations in Butter and Margarine ' Factors contributing to the present strength of the butter markct, according to opinion in the trade, are the encouraging degree to which consumprtion 4» being maintained in the United Kingdom and . a . ruarked decline in atrivajs from Russia, Holland and Ire>land. - New Zealand supplies at present are being maintajned with last season 's ,make of butter under the^system of regulated shipmenta which the Dairy Board has subcessfully operated for some time. i' The full weight of the new season 's butter is not likely to be felt in the market until December. " By that time in a normal year the Loudon market has generaliy receded to one of the seaspn's low points. At present,. however, pastures have .been checked in many districts by cold winds, and pnless there is t rapid change, this may be responsiblo for a later flush this season than usual. The fact that British consumption is being maintained in spite of the higher level of prices- is encouraging. An advance in the market is invariably accompanied by greater margarine consumption, but, no doubt, butter is reaptng benefit f rom Britain 's improved economic position. But f Or this it is hardly likely that the higher per capita consumption of butter reached in Britain during the period of low prices would have been so well maintained. According to figures prepared by t&e tmperial Economic Committee the trend of consumption of butter and margarine per hefed in the United Kingdom in recent years is as follows: —
'Although butter consumption per kead last year was slightly lower than In 1934 and 1935, it was still greater than that of any provious season. The rising trend in butter consumption to L934 was aocompanied by a decline in oiargarino, consumption, which, howsver, made some recovery in the pasl two year-s when butter prices improved.
: ,. - s. Butter. Margarine. lb. lb. | 1930 18.7 11.8 i | 1931 .. .. .. 20.9 10.3 jf- 1932 21.7 9.3 §' 1 1933 .. .. .. 23.5 8.4 f 1954 25.2 7.9 |] f 1935 25.2 8.4 J ^ 1936 ....>. 24.8 8.7 -
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Bibliographic details
Hawke's Bay Herald-Tribune, Volume 81, Issue 20, 16 October 1937, Page 2
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342MARKET FACTORS Hawke's Bay Herald-Tribune, Volume 81, Issue 20, 16 October 1937, Page 2
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