DAIRY PRODUCE.

Manawatu Standard, Volume LVI, Issue 245, 14 September 1936, Page 5

DAIRY PRODUCE.

BUTTER MARKET SLOW. CHEESE~QUIET. The London butter market eased sharply last week, prices falling about 6s on the previous week. The market closed quiet with New Zealand finest salted at 109 sto 110 s a cwt. The New Zealand retail price has been lowered Id to Is 2d a lb., with Danish at Is 3d. Deliveries of Now Zealand butter last week totalled 1677 tons, as compared with 1490 tons for the previous week and 1996 tons a year ago. Australian deliveries were 736 tons as against 1070 tons a year ago. New Zealand stored butter now totals 5045 tons, including 1344 tons ex the Piako, as compared with 4530 tons for the previous week and 4322 tons a year ago. Australian butter in store amounts to 1640 tons, as against 2463 tons a year ago. The Dairy Board has received the following advice from its London office : —Cc:.! mental autumn production is ’’good. Reports of higher gradings of New Zealand and Australian butters are imluencing buyers. There are practically no shipments to America, owing to uncertainty as to the imposition of a dumping duty. The cheese market was also quieter last week with an easing in prices. Deliveries of New Zealand cheese totalled 15,614 crates, as compared with 21,387 crates a year ago, while the quantity in store is 68,253 crates, as against 81,726 crates a year ago. Canadian deliveries were 8687 boxes, as compared with 6518 boxes a year ago, the quantity in store being 70,637 boxes against 61,464 boxes a year ago. The Dairy Board has received the following report from its London office: Market quiet. Canadian chese make continues in excess of last year, but United Kingdom make is now decreasing. Consumption is steady. The Dairy Board’s London office reports last week’s closing quotations as follow, those for the previous week being shown in parentheses:

BUTTER. New Zealand. —Salted, 109 sto 110 s (equals approximately 12.96 d f.0.b.), (114 s to 115 s; ‘September 11, 1935, Ills to 112 s); unsalted, 109 s to 110 s up to 112 s (114 s to 116 s; September 11, 1935, 112 s to 114 s). Australian. —Salted, 108 s to 109 s (113 sto 115 s); unsalted, 109 sto 110 s (113 s to 116 s). Argentine. —Unsalted, 100 s to 102 s (106 s to 108 s). Danish. —107 s f.0.b., 128 s spot (107 s, 128 s). Estonian. — Unsalted, 104 s (108 s). Siberian.—Salted, 104 s to 106 s (108 s to 110 s). , s Ukranian. —Salted, 104 sto 106 s ( ). Polish.—Salted, 90s, 92s up to 94s (100 sto 104 s; unsalted, 90s to 92s (100 s to 103 s). Dutch. —Unsalted, 100 s to 106 s (lOos to 112 s). CHEESE. New Zealand.—White, 68s 6d to 69s (7.76 d f.0.b.). (69s 6d to 70s 6d ; September 11, 1935, 545); coloured, 67s (67s to 68s; September 11, 1935, 53s 6d to 545). Canadian. —White, 70s to 72s (71s to 725); coloured, 69s to 70s (71s to 725); c.i.f., 70s (70s); old season’s white, 82s (80s). English.—Finest farmers, 18s to 80s (76s to 80s). English.—Factory cheese, 62s to 66s (66s to 08s). AGENTS’ REPORT. Rowson and Co., Ltd., report, dated London, September 11: —Cheese, 68s per cwt., white; 06s per cwt., coloured. Butter, 109 s per cwt., finest grade.