DAIRY PRODUCE

Dominion, Volume 29, Issue 299, 14 September 1936, Page 12

DAIRY PRODUCE

Butter Market Slow CHEESE QUIET The London butter market eased sharply last week, prices falling about tt/- on the week. The market closed quiet with New Zealand finest salted at 109/- to 110/. a ewt. The New Zealand retail price hits been lowered Id. to 1/2 a lb., with Danish at 1/3. Deliveries of New Zealand butter last week totalled 1677. tons, compared with 1490 tons for the previous week and 1996 tons a year ago. Australian deliveries were 736 tons against 1070 tons a year ago. New Zealand stored butter now totals 5045 tons, including 1344 tons ex the I’iako compai-ed with 4530 tons for the previous week and 4322 tons a year ago. Australian butter in store amounts to 1640 tons, against 2463 tons a year ago The Dairy Board has received the following advice from its London office :— Continental autumn production good. Reports of higher gradings New Zealand and Australian butters influencing buyers. Practically no shipments America, owing to uncertainty imposition, dumping duty. The cheese market was also quieter last week with an easing in prices. Deliveries of New Zealand cheese totalled 15,614 crates compared with 21,387 crates a year ago. while the quantity in store is 68.253 crates against 81,726 crates a year ago. Canadian deliveries were 8687 boxes compared with 6518 boxes a year ago. the quantity in store being 70.637 boxes against 61,464 boxes a year ago. The Dairy Board has received the following report from its London office: — Market quiet. , Canadian cheese make continues in excess of last year, but United Kingdom mMke now decreasing. Consumption steady. The Dairy Board’s London. oflice reports last week’s closing quotations as follows, those for the previous week being shown in. parentheses:— Blitter. New Zealand, salted. 109/- to 110/equals approximately 12.96 d. f.0.1j.), 109/to 110/- (114/. to 115/-; September, 11, 1935, 111/- to 112/-); unsalted, 109/- to 110/- up to 112/- (114/- to 116/-; September 11. 1935, 112/- to 114/-). Australian, sailed, 108/- to 109/(113/- to 115/-) ; unsalted. 109/- to 110/-. (113/- to 116/-). Argentine, unsalted. 100/- to 102/(106/- to 108/-). Danish. 107/- f.0.b., 128/- spot (107/-, 128/-. Estonian, unsalted. 104/- (108/-). Siberian, salted, 104/- to 106/- (108/to 110/-). Uloanian salted. 104/- to 106/- ( —) Polish, salted, 90/-, 92/-, up to 94/(100/- to 104/-; unsalted, 90/- to 9*2/(1(H)/- to 103/-). Dutch, unsalted, 100/- to 106/- (105/to 112/-). Cheese. New Zealand, white, 68/6 to 69/(7.76 d f.0.b.), (69/6 to 70/6; September 11, 1935, 54/-); coloured, 67/- (67/- to 68/-: September 11. 1935, 53/6 to 54/-. Canadian, white. 70/- to 72/-, (71/- to 72/-) ; coloured. 69/- to 70/- (71/- to 72/-); c.i.f., 70/- (70/-) ; old season’s white. 82/- (80/-). English, finest farmers, 78/- to 80/(76/- to SO/-). English factory cheese, 62/- to 66/(66/- to 68/-). Agents’ Reports. Mr. Thomas Gray has received the following cable from Rowson and Co., Ltd., dated London, September 11:— Cheese. 68/- per cwt., white; 66/- per cwt., coloured. Butter, 109/- per cwt., finest grade.