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CHEESE PROSPECTS.

Tho cheese position, whioh bas been one of depression for several months, seems to be showing signs of improvement (says tbe London "Grocer" of 9th October). The reasons for tbe change are not difficult to define, In the spring of tbe year, wben prices were very high, abnormal quantities of cheese from the United States were shipped to English ports. Shortly after the cheese commenced to arrive large shipments from New Zealand had to be dealt with, being the accumulations of winter months' ship ments which bad been detained at New Zealand shipping points owing to lack of steamer accommodation. Then came the early shipments from Canoda and the new English make. No wonder market prices tumbled, with such an abundant supply following on months of scarcity. Another faotor which has had an appreciable effect on tbe market has been tbe quantity of beated cheese consequent on lack of cool air accommodation on route fron Canada and tbe United States. Naturally, buyers have not been inolined to bold heated goods, but have kept supplies moving by lowering prices, tbe result being con siderable diminution in stocks held by traders throughout tbe country. Cable advices from Canada state that the quality of tbe September make is very cboioe. Stocks at principal ports appear heavy compared with laßt year. Tha comparison may easily prove misleading, beoause last year very little cheese was arriving fr@m Canada during September, owing to war conditions; whilst stocks were being rapidly depleted in this country by heavy Government buying. Tbe prospects of supplies for tbe coming winter months are good as regards balance of Canadian make, and, given favourable weather con ditione, New Zealand is expected to send some increase, probably 5 per cent to 10 per cent. Tbe autumn make in this country is reported to show considerable shortage, accounted for entirely by tbe high prioes offering for the raw milk and the high cost; and scarcity of labour for oheese making. The demand is reported good throughout the country. No doubt j tbe improved purchasing power of the public accounts in no small degree for tbe free sale of cheese at the pre sent high prieos, but at lOd., and even up to 1/ per lb cheese compares very favourably in value with any other article of food. A large proportion of current arrivals from Canada is for Government requirements, whioh seem likely to increase as time goes on. Reviewed broadly, tbe outlook is, for demand, above the average, and supplies probably above normal. Market prioes may, therefore, be expeoted to vary accordingly.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AMBPA19160125.2.21.2

Bibliographic details

CHEESE PROSPECTS., Akaroa Mail and Banks Peninsula Advertiser, Volume LXXV, Issue 3516, 25 January 1916

Word Count
430

CHEESE PROSPECTS. Akaroa Mail and Banks Peninsula Advertiser, Volume LXXV, Issue 3516, 25 January 1916

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