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Butter Surplus From Cheap Substitutes Sparks Price Drop
Analyzed data suggest a large butter surplus due to oleomargarine substitutes. Production of oleomargarine has risen 70 percent since 1922, with farm consumption high. coconut and other vegetable oils now dominate oleomargarine, reducing butter demand and depressing prices.
MENTIONED IN THIS ARTICLE
States Bureau of Market
Washington
Towa
Lings
Jose
Bureau of Agricultural Economics
R. S. Mark
Suef Dairy & Food Division
Town
State Department of Agriculture
T. 8
Slippery Elm Park
Exes