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Butter (Price Reductions)

Volume 531: debated on Wednesday 28 July 1954

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asked the Minister of Food what reductions have been made in the selling price of butter released to the trade from Government stocks; from what date the reductions operate; and what circumstances have made them possible.

Prices of particular types of butter have been reduced on several occasions since 9th June. The last reduction was one of 20s. to 25s. per cwt. on 21st July. As I explained to the hon. and gallant Gentleman on 16th June the price is decided by commercial considerations of supply and demand.