DAIRY EXPORTS

Evening Post, Volume CXII, Issue 17, 20 July 1931, Page 12

DAIRY EXPORTS

STATISTICAL POSITION

CANADIAN COMPETITION

' "Evening Post," 20th January. Butter stocks held in the United Kingdom to-day are low in comparison with those at this time last year, and should have a hardening influence on the mar- • ket. The Empire Marketing Board's estimate of stocks of all butters in store as at loth July is 797,660 boxes as against 1,188,391 boxes at the same date last year. The Dairy Board reports that New Zealand butter stocks in the United Kingdom are 5050 tons, compared with 11,500 tons at this time last year. While stocks last year were so much higher, the price for New Zealand was better than it is to-day, being 134s to 136s for salted, compared with 113s to 115s and for special lines 1163. tmsalted butters also show a heavy decline in price on those current in July of last year. Duty or no duty, the Canadian butter market to-day would be of no use to the New Zealand exporter, the Canadian domestic price -being well below what New Zealand producers are receiving in New Zealand and for export. Canadian butter landed m the United Kingdom last week was equal to 7400 boxes, and ,this week 5800 boxes are expected, and the price is 110s per cwt, c.i.t, or 4s to 5s per cwt cheaper than New Zealand is realising in the London market Canada is now a. competitor with New Zealand .in the British butter market ■ ' Imported cheese stocks held in the United. Kingdom are heavier this year, and compare as under:— 18th July. 18th July. 1931. 1930. New Zealand, crates .. 136,500 122,027 Canadian, boxes ..... 137,410 120,973 The cheese market improves, New Zealand white being 60s to 62s per cwt; Canadian (last season's), 68s to 745, and (new season's), 595, to 635. English, farmers' cheese, new make, 70s to 755. Ketail prices for New Zealand dairy produce are: Butter, Is 2d per lb, some business at Is Id; and Danish butter, Is 3d. New Zealand cheese is retailing at Bd. "A BETTER FEELING." Messrs.- Joseph Nathan and Co., Ltd., have received the following market report from Messrs. Trengrouse and Nathan, Ltd., London, dated 18th July:—'New Zealand Butter: 114s per cwt. New Zealand Cheese: White 59s to 60s per cwt, coloured 62s to 635. Both markets firm, •with better, feeling." ;