BUTTER AND CHEESE.
A SLIGHT DEPRESSION. GENERAL OPINION THAT PRICES WILL HARDEN. “There is a slight depression in the butter and cheese market at present,” stated the manager of a produce exporting corporation to a Wellington Times reporter on Saturday, “but it is confidently anticipated that when the new season's output reaches the English market prices will harden again. “There are practically no stocks of butter and cheese held in London, and the drought that has been experienced in the northern hemisphere will undoubtedly affect winter food and consequently curtail and reduce the output of butter from Denmark. The supply of butter from Denmark has, in the past, reached the London market throughout the year, but it is expected that shipments will not be available this winter on account of the shortage of feed. “The local prices of cheese and butter will be governed by the price received on the London market for the new season’s output, shipments of which have gone forward. In regard to the quantity available, there are indications that there will be an increase of 10 to 15 per cent., and this will assist, in a large meiiioire, to make up for the lower prices that are being obtained.”
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Taranaki Daily News, 27 September 1921, Page 5
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203BUTTER AND CHEESE. Taranaki Daily News, 27 September 1921, Page 5
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