HEAVY IMPORTATIONS OF DANISH BUTTER

Manawatu Times, Volume LII, Issue 3625, 15 June 1927, Page 3

HEAVY IMPORTATIONS OF DANISH BUTTER

CAUSES DECLINE IN NEW ZEALAND PRICES. The Board has received the following market report from the London agency, dated 10th June' 1027;Butter; New’ Zealand, salted June 10 161 s to 1645, June 3 168 s to 170 s; uusaited, June 10 174 s to 1765, June 3, 17Ss to 180 s. To hold buyers to New Zealand against continued low prices of Danish the market dropped back 6s. and is now firm. Damsn imports arc still exceptionally neavy, but are considered at peak. Australian: Finest salted, Juno 10, 162 s to 1645, Juno 3,164 s to 16Ss; unsaltcd, ICSs to 172 s (l<os to 1745). Argentine: Finest unsalted, . 166 s to 108 s (166 s to 170 s). Irish creamery: salted, 160 s (164 s to 1665); unsaltcd, 104 s (172 sto 1745). Dutch: unsaltcd, 100 sto 164 s (164 sto 1665). Estonian: 162 sto 1645. Latviin: salted, 160 s to 162 s (162 s to 1645); unsaltcd, 164 s (164 s to 168 s). Lithuanian: 158 s (160 s to 1625). Siberian: 158 s to 160 s (160 s). Danish: 166 sto ICSs (166 s 10 168 s). Cheese —Now Zealand: white, Juuc 10, 82s to S4s, “June 3, S6s to SSs; coloured. 84s to 86s (S7s to SSsj. Market quietly firm after fall but sales slow’. Canadian old season’s, finest white and coloured, 98s to 1003 (98s to 100 s). New season’s offering at S4s but no business. Retail prtcea are unchanged. The Board lias also received the following advice from its agents in Canada: — Butter: Montreal, 333 cents (1/4 7-Sd); New’ York, 421 cents (1/9JCO; ’Frisco, 42 cents (l/9d). Cheese —Montreal: 17 cents (Sid).