(Concluded from front page.)
the shifted seasonal trend of England’s butter imports, for if the
imports follow the same seasonal trend in 1922 as during the period from
1917 to 1921 England had already received at the end of June two-thirds
of that country’s foreign supply for the present year.
During the first fire months of 1922 England received 60,000,000 lbs.
from Denmark, compared with 48,000,000 lbs. during the corresponding
period of 1921. Danish exporters in recent years have scattered their
exports to various other countries, and while not so dependent upon
England for a market as previously, could at any time take advantage of
any favorable offer from their long-established British trade. The flush
of the butter production in Denmark was reached this year by June 1 and
the competition met in the English market is now not so largely European
as formerly, which doubtless leaves Denmark with some seasonal
advantage.
The prospective demand for butter in England during the rest of this
year depends largely, of course, upon the consumer’s purchasing power.