DAIRY EXPORT TRADE

Evening Post, Issue 12, 14 July 1936, Page 12

DAIRY EXPORT TRADE

INCREASE IN BUTTER

NORTH AMERICAN SHIPMENTS

A substantial increase in shipments ■ >i. butter to the United Kingdom is .hown in the Dairy Board's return for aleyen months ended June 30. The ciuantity shipped for the period amounted to nearly 129,000 tons, an excess of 7000 tons over the corresponding months of 1934-35. The quantity shipped during June last was 7196 tons, compared with 7158 tons for June, 1935. The destinations and quantities shipped for the period of 11 months are set out as follows: — ; 11 mos., 193 G. 11 iuos., 1935. ■■-.■■ Tons. Tons. -London t • 90,077 59,579 Avoiimoutli * 7,209 7,44!) Liverpool v. 6,52!) 8.41-1 Manchester ...... 8,051 , T,'J7l Glasgow • 7,ii37 13,455 r Honolulu .324 319 Panama Zone ... S4l 781 1 West Indies 37!' 301 ■Other countries ... 2,029 2,040 Total, tons 125,07fi 121,973 •Includes shipments to Cardiff. +Includes shipments to Hull. Increase for the period, 7001 tons. Shipments to other countries included ,1431 tons to the United States and 80 tons to Canada for the 1936 period,, compared with 2016 tons to the United .States and 37 tons to Canada for,, the 11 months of 1935. ' i; CHEESE EXPORTED. Cheese shipments for the 11 months in Review show a substantial reduction of 8570 .tons, but all the cheese except 252 tons was exported to the United Kingdom. The particulars of destinations and quantities are given by the Dairy Board as follows:— llraos., 1936. 11 mos., 1935. Tons. • Tons. London ......:.t GO.IOS 07,115 Avonmottth * 5,721 0.229 Ltrerpool ....;.... 3,4 it 4,051 Manchester 3,701) 4,148 (tlasEow .'.. 3,R7l 3,937 Other countries .... 252 ; 138 Total tons .... 77,046 85,010 ■flncludes Hull and Southampton. "Includes Cardiff. Shipments during last June only were 4289 tons, or 669 tons less than for "June, 1935. The reduction in shipments for the 11 months of this year was: 8750 tons when comparison is made with the total shipments for the corresponding period of last year. SHIPMENTS. Shipments of butter and cheese from Australia to the United Kingdom for the' 11. months in review are reported as follows:— ' • . 11 mos.. 1930. 11 mos., 1935. Tons. Tons. Butter 85,51,0 108 295 Cheese 5,488 . 7,061 Decreases: Butter, 22,455 tons; cheese, 1573 tons, THE STOCKS POSITION. Stocks of: butter and' cheese in the United' Kingdom as at July. 1 were reported to the board by cablegram as follows: — 1 July, 1,1938. July 1,1935. Tons.' Tons. All butters 2G,07fl • 32,121 Canadian cheese ..., 2,100 I,SDO X.Z. and Australian checso ■<;.■. II,SOO 14,055 14,200 ■■' 10.505 Stocks of butter and cheese in New Zealand at July 1 were as follows:— i July 1,1930. July 1,1133. Tons Tons. ■.nutter 19,300 12,400 Checso 17,500 >'■ 14,400 FIRM MARKETS. The London market for butter is ouoyant at the moment and on Saturday last New Zealand commanded in London. 115s per cwt,. whereas the-price-on Friday was 113s, and the London Provision Exchange closed for the week on Thursday at 113s to 114s, .this being an advance of ss. to 6s on the week, and compared with 88s to 90s per cwt twelye months ago. The cheese/market is also very firm, showing an . advance on the week oils tols:6d per cwt, and stands at 60s to 61s. per cwt. A year .ago New Zealand' cheese was quoted in London at 44s- to 455, it therefore shows today an advance of 16s per-ewt. INCREASED RETURNS. Directors of Cambridge Butter Factory, Waikato, have decided to pay an interim:bonus to butter and cheese suppliers on July 30. For the payment of' the-butter bonus £2?.370 will1 be absorbed from the surplus, which will be equal to 2d per lb ;butterfat over the 'whole season; cheese suppliers willreceive £12,881 from the surplus to pay the bonus, which will be equal to 2 l-8d per lb butterfat over the whole season. The directors expect that-when-all realisations are to hand, the finalpayment for the season- to butter suppliers will be approximtely 13d per lb,and to cheese suppliers a little over13^d per lb.' A substantial increase in butterfat is' also recorded for the season; ■' ■ ■ • ■ ■■■--. .