DAIRY PRODUCE OUTLOOK

Evening Post, Volume CII, Issue 40, 16 August 1921, Page 8

DAIRY PRODUCE OUTLOOK

OPINIONS AS TO THE MARKET. Much haziness still characterises th< New Zealand dairy produce future mar ket. Agents for buying or broking firms, or both, are attending dairy fac tory driectors' meetings in both Islands putting various propositions before them or merely explaining the position, as ii appears from their particular viewpoints A cablegram received to-day by repre. sentatives of one of the largest provisioi houses in Great Britain read :—"lt mighl be possible to sell cheese, firm offers lid." This was preceded yesterday, h) a cablegram from the same'source, read ing: "Firm offers solicited butter Is 10c for^ the next three months," i.e., Sep tember, October, November shipments. From all that can be gathered fron the producing side, there is no chanci of factory directors accepting thesf prices. On the contrary, offers to pur chase up to 500 tons South Island cheess 'at ll^d are, The Post is informed, nol taken up. While the withdrawal of buyers fron the market for the present would mdi cate uncertainty on their part as to th< way the market will go by the time thf new season's make of butter and chees< arrives at its overseas destination, then was a confident note struck in the las! issue of the : New Zealand Dairyman :— "There is no chance in the near futurt of the prices of butter or cheese ever goitig back to anything like the sam< figures as they were in times preceding the war. In one sentence, which should be memorised by every dairy fanner ir tho land: 'While the prices of all fanr. products have been steadily declining foi the past fifty years (leaving out, ol course, the war years) the price of aX. dairy products have been just as steadily appreciating.'