DAIRY PRODUCE TRADE

Dominion, Volume 21, Issue 222, 20 June 1928, Page 12

DAIRY PRODUCE TRADE

L « ; ‘ - EXPORTS EQUAL LAST ' SEASON’S i' ' ! BRITISH'IMPORTS SURVEYED REDUCTION IN STOCKS Although there was a heavy decrease in the shipments of dairy produce last month, the Dominion’s exports of butter and cheese for the ten months "of the current season to May 31 show a fairly substantial in- ’ ? crease on the figures for the cort Responding period of last season. According to official returns issued by the New Zealand Dairy Produce Board .the total shipments of butter for the .ten months August 1, 1927. to May 31, 1928, show an increas' of 157,569 boxes, and the shipments of cheese an increase of 37,738 crates, compared with the corresponding period of last season. The ' export figures for the ten months afford ~ the following comparison : — This Last Inseason. season. crease. “(boxes) 2,626,626 2,469,057 157,569 ? Uhocsc* (crates) 926,469 888,731 37,738 As‘the shippiu.. allotments from June 1 to July 13 total 154,725 boxes of but- ; "ter and about 84,000 crates of cheese, the export of dairy produce from the Dominion for the whole of the current .season should just about equal that of last season, namely, 2,786,72 G boxes of butter, and 1,075,730 crates of cheese. Decrease in May Shipments. The following shipments were made by ships sailing finally during May, compared: with those for May last year:— ■v Butter (boxes). ’ Z.L ... May. 1928. May, 1927. London 89,132 192,328 -OV.CI&.K — 22,611 Vancouver . .... 5,881 7,550 > ... Panama — 4,000 ■ Honolulu 911 1 Australia 20,910 jfQther, : c< unities .. 1,679 7(1 i * ' 268,175’ Cheese (Crates). May. 1928. May. 1927. i <• London 83.728 ' 82.001 W.C.U.K 9.457 19.120 . Australia 2,739 Ll7B Other ..countries 338 213 ' 96,262 103,412 . The above tables show a decrease of 149,662. boxes of butter and 7150 crates of cheese for the month, compared with May. 1928. Of the butter shipped to the United Kingdom during May, the position at time of shipments was that 70.23 per cent, was consigned, and 29,.77 per cent, sold f.o.b. Of the cheese at the time of shipment 53.20 per cent, was cont, signed and 46.80 per cent, sold f.o.b. ' Australian and Argentine Shipments. The shipments from Australia during May- were 175.000 boxes of butter and 161 tons of cheese, compared with 43,880 boxes of butter and 258 tons of cheese during May. 1927. From the Argentine there was exported during May 23,500 boxes of butter, a decrease of 11,678 boxes ■compared with May. 1927. For the ten months of the season, August 1 to May ’3l. the Australian and Argentine exports of dairy produce afford the following comparison:— AUSTRALIA. This Last. ‘ . season, season. Increase. Butter - (boxes) 1,395,200 1,105,720 289,480 Cheese (tons) 2,743 1,482 1,261 ARGENTINE. ■ ..“’.A . This Last season, season. Decrease. Butter (boxes) 741,100 956,200 215,100 1 - h. Imports Into Great Britain. During the five months of this year to May 31, the total imports of butter into Britain from all sources were 2,674,147 cwt, compared with 2,377,545 cwt., and ‘ 2,577,079 cwt. respectively, for the same periods of 1927 and 1926. The imports -of-eheese during the respective fivemonthly periods were 1,289,132 cwt., 1,178;833cwt., and 1,202,421 cwt. Position of Stocks. The Dairy Produce Board gives theposition of stocks of dairy produce as at May 31 as follows: — BUTTER. ‘ . 1928. 1927. Tons. Tons. Estimated stocks alt butters in United Kingdom public cnld stores 9,406 10,155 Stocks in New Zealand, ini eluding loaded into steamers not sailed finally at May 31 3.050 *5,600 Stocks afloat 5,750 10,410 9,700 16.010 - *Estlmated. The -stocks of butter in New Zealand cold stores, according to grading figures, are considerably heavier than the above figures, which represent the board's estimate of the exportable surplus. CHEESE. ' . 1928. 1927. ; ’ Crates. Crates. Stricks at London, Liverpool. and Bristol — New Zealand and Australian 106.000 111.100 Canadian (equal to) . 14,900 7.400 ‘ ' 121,800 118,500 Stocks in New Zealand, in- ’ eluding steamers not sailed finally at May 31 .. 87,000 159.000 Stocks afloat 149,000 170,000 236,000 329,000 It is interesting to note the following comparison of stocks of butter and cheese . held, in Canada and the United States as at June 1:— CANADA. 1928. 1927. 1926. Cwt. Cwt. Cwt. Butter 29.464 35.71'4 38.214 Cheese 81,017 100,093 118,275 UNITED STATES. 1928. 1927. 1926. 1 / Cwt. Cwt. Cwt.. Butter 143,035 226.250 272,806 Cheese 328,571 319,464 351,303