DAIRY PRODUCE.

Press, Volume LXI, Issue 18552, 30 November 1925, Page 10

DAIRY PRODUCE.

THE MARKET SENTIMENT. TEMPORARY WEAKNESS. (TBOM OUB OWK CORBKSFOSfDEHT.) LONDON, October 20. News of the collate of the seamen's strike-and the eon.soquent dispatch of vessels from Australia and New Zealand has had an immediate effect upon butter prices, which during the past week have shown decided weaknc6S, due, in some measure, to re-sales, while maiket sentiment has undergone a change. imports of butter in September amounted to 396,386cwt against 431,220cwt in the same period of 1924. Total imports into this country in the first nine months of the present year were 4,677,486cwt, compared with 4,044.43icwt in'the same period of 1924, and 4,019,956cwt in 1923 The increase in this year's iniports was due to the larger quantities received from Australia, New Zealand, and Canada, those- from Australia being more than double the quantity imported last year. The recent advance in quotations has administered a check to consumption, or else buyers are Holding aloof for a lime. Operators are more inclined u> await developments, and lor a week or two an uncertain state of affairs is expected to prevail. Most descriptions have declined about Cs to 12s. The mischief has been done, however, and no weight of supply can be expected before the end of the year. \wnie sentiment has undergone change, the circumstance of light supplies can. be only partially relieved by the end of November. The decline in prices is regarded as. only of a.temporary nature. There will be a scarcity of best butter for at least six weeks. Much, of course,, is dependent as to how home consumption responds.to present ruling values. English butter is in moderate supply, and meets with ready attention at firm rates, the average for best quality being 2s lid per lb. Irish butter is in short supply, but easier rates prevail—•creameries salted and unsalted 212s to 2165. It is reported that some shipments of Irish butter were recently made to Germany, and further quantities are likely to be exported. Danish butter has ibeen less in request, and prices are lower at 228s to 2305, f.o.b. Si2ls to 2225. Siberian has. been of slow sale from 180s to 186s, and only j moderate quantities are due to come forward; quality is only of secondary standard. Canadian butter, has been J in less request, and prices are irregular. Argentine is in slow demand and cheaper from 174s to 1965. Colonial butter has moved slowly at reduced values —finest New. Zealand salted 214s to 2205, unsalted 216s to 2225;, finest Australian salted 210s to 2165, and fine 204s to 208s. •. Cheese Prices. , Canadian cheese is 2s lower, while Dutch is firmer in value. Imports during September totalled 227,431cwt, against 242,582cwt in the corresponding period of i 924, and 198,972cwt in 1923. English chejese is scarce, and continues to realise the full currency. Stilton ranges from Is 4d to Is 8d per Jh. Scotch cheese has been in fair request at the full currency. Canadian has been less in request at lower | prices—white 116s to 118s, and coloured 116s to 118s. The supply of ' New Zealand cheese on the way to this ' country is of exceedingly small amount, and no quantity is likely to be on the market until the New Year. Dutch cheese is dearer for the lower qualities, but the demand is restricted, with plentiful supplies. The market is firm in Holland, as good quantities were exported to Germany before the beginning of October.