DAIRY EXPORTS

Evening Post, Volume CIV, Issue 28, 2 August 1927, Page 12

DAIRY EXPORTS

OPENING THE SEASON

INDICATIONS OF THE MARKET

"Evening Post," 2nd August. It is rather .early yet to enlarge on the outlook for the dairy produce export seaBon of 1927-28, but so far prospects may be regarded as encouraging. For cheese made up to November, it is reported, sales have been made at up to 8y 2 d per pound for export. ■ Tiiia price will give factories about Is 7d per pound for butter-fat. Makes lip to November have been sold in the Wellington, Auckland, and Southland districts.- This figure of SV-d is reported to be the highest price obtained this season an'the Waikato district.

"The season opens earlier iv Auckland than elsewhere, but receipts into grading stores there for July show that double fhe quantity of butter and rather more than the quantity of cheese has been received as compared with this time last year. " The statistical position in Auckland is that during the fortnight ended 27th July 8853 boxes of butter were received, compared with 3864 boxes in the same period of last year. Cheese, 533 crates, compared g-ith '516. Butter delivered totalled 57,2)4 boxes, compared with 42,577, and cheese 4j90 crates, compared with 422. The position for the month ended 27th July, was as follows:—

Butter. Cheese. Boxes. . Orates. „-■■.• • 1927- 1920. 1927. 192G Received. .. 17,653 B,OSO e1,029 1,294 Delivered. .. 75,043 6G.G97 4,840 4 849 On. hand... 92,649 43,589 3 953 5 593

Stocks on hand are shown' as double those m store at this time in 182G To midnight o£ 27th July the Huntingdon had loaded-25,287 boxes of butter, and the Athenic and Port Dunedin a total of 1520 boxes, which figures are not allowed for m-ihe abstract quoted. The sustained increase of supply, remarks the "Herald," is perhaps all the more remarkable in view of-the wintry conditions prevailing of lato •nd augurs well'for the 1927-28 season. Writing on Bth May, to the Australian Dairy Producers' Board, Mr. 0. G. Norton, of;-the London agency,-- stated that with the reduction of stocks in England, and ta.'i? ne mto consideration the immensely improved consumptive demand, the prospects for early arrivals of Australian butter aßpaared exceptionally bright. Continuing, M?. Norton said: "As far as Australia is concerned, we shall have practically cleared stocks, and New" Zealand likewise It is only an over-production in the Northern ■Hemisphere that can affect the position and at this moment this does not appear at all probable. So far as we can see, producers will get a much more remunerative return in the early part of next season m. r y liave for some time." lhe London agency strongely urged the noaret to take definite action and market a larger quantity of Australian butter in pats, and the Executive Committee was instructed to report on the best means by which this could be carried out. ,-S, c b? ard r«Bolved to reduce its lew of J-T6th of a penny to l-20th of a penny .ibr the new season. qJ>o far as can be ascertained there are no TtEges at present offering in New Zealand tor butter and no prices have been suggested: Directors of Taranaki and other co-operative factories in other parts of the Dominion have yet to meet to decide upon policies of disposal of their produce. Agents of British distributing houses are now actively engaged in interviewing directors and attending their meetings or are in readiness to do so at due' dates. BIG AMERICAN WHEAT CROP. (United Press Association.—Copyright.) (Received 2nd August, 10 a.m.) WASHINGTON, Ist August. ihe Agriculture Department has announced that a big wheat crop is being harvested in the Pacific and North-west states. It has also declared that spring wheat in the North shows the best prospect for the past five years, while in the feouthern wheat belt it is reported that .. spring wheat is near to faiiurc.