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DAIRYING OUTPUT.

PRICES AND PROSPECTS

CONDITIONS ABROAD. An interesting resume of his observation of conditions at Home was given to the Kasaramea suppliers yesterday by Mr. G. H. Buckendge, which led him to the opinion that there would ue a high level of values for some time, ana that dairy farmers could look torward to an even better year than the last He said he had made two trips in ’the past two years, and on the second he noticed a very marked impro.emeiit in business conditions generally. He visited various parte of England' and Scotland, and ieit convinced that, as was remarked by leading men, they had “reached bottom/ and that there was now what the lit. Hon. Stanley Baldwin called a “quiet, determined confidence.” There was less unemployment, and the outlook from a business point of view was much improved. A factor which was considered a good “barometer” of trade was the iron industry, and this was much impro.ed. Mr. Baldwin, who was interested in this business, had in a speech ad.ised the cotton spinners to cut thenlosses, as he and others had had to do. Losses had to be accepted to make the position sound. Re erring to weather conditions m Mav, lie said the spring was three weeks late, and the country, though oeautifully green, showed littie growth. A letter ‘from Home told him that in June they had not dispensed with fires. Many other adverse influences had conspired to make production 20 to 25 per cent, less than normal. There was no surplus available from the Continent, and stocks at Home w-ere short. In Canada conditions, too, had been ad- . erse, and while in May, when he passed through, there should be the extra growth associated with what was known as the “jumping season,” they had had frost and the snow was on the ground, while there was no. sign of growth. The season was very backward, fully three weeks behind. There was also a reversion to the trend of population from country to town, a large influx of people from East Europe who had taken up sections for two years having driited into the towns and taken up manufacturing work. The reflex action had been a greater demand for butter and cheese for the towns, and a diminishing export, which had been going on for several years—in 1928 it was 10 per cent, below the pre- , ions season, and successive decreases in pre.ious years by 15 and 10 per cent. The total had decreased from ..OXO i to 40,000 tons. While in Canada Air. Buckendge had visited the Alanitoba University, where, n the dairying section they had a fine system of running and checking the industry. The border states, it was proved,' bad used as much cream as was produced in the United States. New Zealand, lie said, was the only country in the world that could make up the decrease in cheese production. This large reduction in outputs created a very favourable position for New Zealand, and there need be no anxiety for this season at least, and probably or a longer period. He referred 1° the relative position of meat, and said this was another reason why the people would eat cheese. There were prospects of high prices for some , time to come. It was considered that the past season had been the best consigning season since 1921. The prices to-day were 110 s to 112 s, with a firm market and a keen demand, and the unsold balance of the season would thus realise a fine figure. The Kakaramea Company had had a good year, but could, he believed. look forward confidently to an even better one in the coming season. At the conclusion of his address a hearty vote of thanks was passed to the speaker.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HAWST19280811.2.49

Bibliographic details

Hawera Star, Volume XLVII, 11 August 1928, Page 5

Word Count
636

DAIRYING OUTPUT. Hawera Star, Volume XLVII, 11 August 1928, Page 5

DAIRYING OUTPUT. Hawera Star, Volume XLVII, 11 August 1928, Page 5

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