DAIRY PRODUCE

Hawera Star, Volume XLV, 21 December 1925, Page 5

DAIRY PRODUCE

BUTTER MARKET DULL.'

RETAIL PRICE REDUCED SLUMP IN DANISH. ” ,- , ( ; ,i_ • v : ~Pv; : V,/ : BY CABLE—PRESB ASSOCIATION—COPYRHIGT^ (Received* Dec. 21, 10.18 a.m.) LONDON, Dee* 19. The slight improvement in the demand for butter which was in evidence a, week ago, proved to be only a flash in the pan, and the market lias .relapsed into a state of apathy. This is largely due to the weakness of . Danish, which lias slumped owing to the cessation of the German demand. On Thursday Copenhagen f.o.b. price was low- • ered! to 170 s, equal to about 176 s landed here, but - it has since recovered by about 10s. Retailers are now reducing their .price, and with the best butter at Is 10d* and 2s per pound, it is hoped there, may be an. improvement in consumption, which has undoubtedly been checked seriously by the high retail prices.—Aus.-N.Z. Gable Assn. CHEESE QUIET HEAVY ARRIVALS OF BUTTER. • * Mr G. 11. Buekeridge is in receipt of -cable advices as follows from, liis principals, Messrs 11. A. Lane and Co. Ltd.:— ' “New Zealand elieese —Market quiet with tendency in favour of buyer; present quotation 1045.' New Zealand butter: Market dull, on account of heavy arrivals; present price 1705.” Mr Buekeridge is of opinion that while the position of the cheese market is quiet, lie believes there is no need for much concern, but lie considers tlie latest advices in connection with butter are not reassuring.