THE BUTTER MARKET.

Taranaki Daily News, 28 March 1921, Page 4

THE BUTTER MARKET.

THE, PASSING OT CONTROL. QUESTION OF LOCAL PRICft (By Wire.—Own Correspondent.) Wellington, March 26. A cablegram received by the Prime Minister confirms definitely that the butter control will cease completely in Britain on March 31. The Director of Agriculture is in consultation with representatives of the producers and is considering arrangements for dealing with butter after March 31, when the Imperial contract also expiree, and he probably will have sope suggestion to place before the conference in Wellington next week. It has been suggested that the local price of butter will rise when the contract ends owing to the withdrawal of the Government subsidy. Official opinion here is that if the local price is gov-» filmed by the London parity, which tho producers have insisted upon in the past* it cannot rise.

THE HOME MARKET. CHEAPER BUTTER EXPECTED. By Telegraph.—Press Assn..—Copyright. ■ Received March 27, 5.5 p.m. London, March 26. Butter traders anticipate a fall of* from four pence to six pence per pound in the retail prices of imported butter" when the free sale of Government stocks commences in April. Meanwhile Dan- 4 ish has hardened owing to a good demand in the Midlands and the North.

Cheese is firm, but is likely to ba easier with the arrival of steamers from New Zealand next week, except colored, ' which is scarce.— Aun.-N.Z« Cable Assn.