BUTTER FOR AMERICA

Evening Post, Volume CIX, Issue 100, 1 May 1925, Page 11

BUTTER FOR AMERICA

INTERESTS IN' THE

AUSTRALIAN

MARKET

Periodically a fair inquiry is received from the United Staios for. a'quantity of Australian butter. Uu euch occasion when the. prospective business assumes reasonable proportions the question of developing trade in .butlor with that country, is...revived. Some interesting' information is contained in statistics furnished by the Department of' Agriculture at. Washingtonin comwtiou with the butter mclustry thero. On Ist Juno last supplies in cold storage -were 22,328,0001b, or. almost double those at tho corresponding date in 1923. On Ist September holdings had reached | 156,232,0001b, the highest total recorded sine© the department began collecting butter, cold storage figures. On Ist January the quantity was reduced 'to 65,657,0001b, which for the period of th e year was abnormally heavy. As an 'accompaniment of the large storage .movement in the summer of the year prices declined. In reviving tho general position of butter the department lias taken into consideration other world producers, and regards Australian and New Zealand competition as important. This specially re-; .la'tes to tho possibilities of both countries shipping supplies to the American market. Ihe Bureau of Agricultural Economics particularly in view-of this question comments upon tho prospects of the industry .m the United States for 1.925. .It say's that further expansion in dair,y.ing..for this year seems ■'SinadvisableV '••■iV-'-reebVery in prices of dairy products could harrdly be expected should the nuiiibev of milk cows be further increased. In addition to the fact (hat domestic production' appears adequate, tha foreign dairy situation ,is such as to lajep world market prices low, and thus limit tho height to which butter prices in the United States can rise without bringing in foreign butter. ■- .