DAIRYING WORLD.

Manawatu Standard, Volume XLIII, Issue 491, 1 September 1922, Page 5

DAIRYING WORLD.

QUIET OPTIMISM. LATEST REPORTS ON PROSPECTS. “Personally, I do not think that any great significance attaches to the action of Home linns in withdrawing for tho time being all offers for the purchase of New Zealand butter, within tho Dominion,” remarked the representative of a prominent produce export house to a “Standard” representative to-day. "I am,” ho added, “confident that the prospects of factories consigning their first few months’ make of butter are distinctly good.” Enquiries made in other directions went to show that the opinion hold by one largo New Zealand house is that the demoralisation of tho Gorman currency will have, a disastrous effect on business generally throughout Europe, and will to some extent affect New Zealand butter, particularly as the Danes will doubtless divert their surplus to tho United Kingdom. PRODUCTION MAINTAINED. Generally speaking, a tone of dairying world, and the now season prooptimism prevails throughout the local mises to bo very favourable in point of production. “Great as our production was last year,” remarked tho secretary of one largo local factory, “we find that last month our output was treble that of August, 1921. Of course, this is bv no means all due to natural increase, being largely accountable for by a big addition in the number of suppliers; but, nevertheless, tho prolific nature of the season has something to do with it.” According to the latest authoritative circular received by local dairy companies, “it may be said at once that tho statistical position is •favourable. Visible stocks of Canadian and Now Zealand cheese on July 31 were very much smaller than at tho same date last year. From a statistical view the- outlook for buffs.r is much better as, this year there is no huge stock of Government butter liable to be let loose at any moment. Cheese prospects at, all events up to tho end of the year will be improved by tho dual plant factories manufacturing butter in order to take advantage of the anticipated shorßage. In spite of all this, however, Home buyers are decidedly ‘shy,’ and it appears almost hopeless to try to draw offers for outputs. Purchases of butter up to September output have been made, and offers for cheese up to October output are also reported, but we cannot learn'of any further ahead. After the experience of buyers of outputs tho last two seasons, tills hesitation is very natural.”