BUTTER RISING.
NEW ZEALAND AT 101/Highest This Year. The progressive improvement in but)ter on the London market continned last week, the price of New Zealand islalted reaching 101/-. This it’ the highest level attained since the middle of December and sents a rise of 17/- in a little over a month. The guaranteed price of 12.56d’ per lb f.o.b. is still above the market price, however, and the deficit of the Government’s dairy industry account, with the Reserve Bank must continue to increase. The pretent price in London is equivalent tp 11.88 d per lb f.o.b. New Zealand ports.
A pleasing feature of the butter market is the reduction in the premium of Danish over New Zealand. Compared with prices a year ago New Zealand shows a rise of 18/per cwt and Danlth a rise of 9/-.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TCP19370330.2.22
Bibliographic details
Ngā taipitopito pukapuka
Taranaki Central Press, Volume IV, Issue 394, 30 March 1937, Page 4
Word count
Tapeke kupu
137BUTTER RISING. Taranaki Central Press, Volume IV, Issue 394, 30 March 1937, Page 4
Using this item
Te whakamahi i tēnei tūemi
Copyright undetermined – untraced rights owner. For advice on reproduction of material from this newspaper, please refer to the Copyright guide.
Log in