DAIRY INDUSTRY

Evening Post, Volume CXVIII, Issue 32, 7 August 1934, Page 12

DAIRY INDUSTRY

GRAND SCALE OUTPUT

VARIOUS MANUFACTURES

Tho New Zealand Co-operative Dairying Co., Hamilton, reports a further substantial increase in production. The fifteenth annual report states that climatic conditions varied during the season and production fell off during the concluding months. Marketing conditions throughout the season continued to be difficult, and, as a result of price fluctuations, factories which made f.o.b. sales enjoyed an advantage. The policy of consigning produce to-the United Kingdom had been continued by: the directors, and the results .obtained; must be regarded as satisfactory. -•-■'•. The output of products manufactured by the company for 1932-33 and 1933-34 compare as follows:— 1932-33. 1933-34. ■ Tons. ■ Tons. Butter 39,252 43,637 Cheese ..... 10,971) 11,421 Casein ... .... / . 72(1 . ' 810 Milk powder 4,460 4J77 Condensed milk. ........ ~ 1,009 U33 Butter in 1931-32 was- 33,419 tous and cheese 7582 tons; milk powder 5402 tons; casein 723 tons, and condensed milk 347 tons. For the same years the following table shows the total value of the property and plant, and also capital issued and paid up:— : ■ • ■ ■ '.'.'■ . 1932-33. 1933-34. £ £ Land, buildings, plant 999,196 957 48(i Issued capital -..- 1,366,423 I,39o!ol6 Paid-up capital ...... 1,239,450' ' 1,257,899 These' returns do not include the company's own colliery. The stocks of dairy produce unsold at the close of the season have been valued at reasonable prices for balance-sheet purposes, tho. report states. The following figures summarise the operations of the season: Milk received for butter-making, 181,786;7271b; milk received for cheese-making, 237,612,5741b; cream. received for. butter-makin", 184,194,8631b; total ' butterfat for buttermaking, 80,226,6341b; total butter made, 97,747,4571b; overrun, 21.84 per cent.; total butterfat used for cheese-making, 9,840,5511b; total cheese made, 25,582,2361b; casein made, 1,814,9491b; total butterfat used for milk sales, wholemilk powder, and preserved milk, 744,0301b; milk powders made, 10,699,9881b; preserved milk made, 1,417,3251b. . The average price, advanced for butterfat for butter-making during the season was 7.92 d. exclusive of share capital. The total payment on butterfat of fiuest grade delivered direct to factories will be 9.501 d per Ib, including contributions to contract cream cartage and railage on cream. The average price for butterfat, other than direct-delivered, will be 9.386 d per 1b for finest grade, inclusive of cream cartage and railage. Cheese factories will receive varying payments in accordance with their respective manufacturing results. All prices stated above are conditional upon unsold produce realising at sale the value placed upon, it for balance purposes. Casein suppliers have received,- in addition to butter payments, an average premium of 1.32 d per ■lb butterfat. They will also be credited with any further amount per lb butterfat available when stocks on hand at May 31 have been sold.