DAIRY PRODUCE EXPORTS.

Auckland Star, Volume LIX, Issue 96, 24 April 1928, Page 4

DAIRY PRODUCE EXPORTS.

POSITION TO DATE. FUTURE PROSPECTS. It is impossible to forecast even approximately the dairy production for the remaining months of the season, but it is quite evident that the substantial increase over all previous records which was indicated at the beginning of the season will not be realised. The heavy output of the early months was rapidly diminished as the effects of the dry spell became evident, and although the position to March 31 still showed an increase over the previous season to that date, the margin was a small one. From the marketing point of view it is interesting to turn to the particulars of shipments already made, and those which it is estimated will go forth in the future. These indicate that from now on there will be a very substantial decrease in stocks of New Zealand butter and cheese on the London market, and consequently prices should rule fairly high. To the end of March shipments of butter from the Dominion to the United Kingdom, Canada, and Australia showed an increase elf 450,000 boxes, and cheese an increase of 92,000 crates. Assuming that the exportable surplus for this season is about equal to that of the previous twelve months there will be available for shipment from April 1 to August 31, 520,000 boxes of butter, and 27,000 crates of cheese. These figures compare with 970,000 boxes of butter and 406,000 crates of cheese shipped for the same period in' 1027.