Dairy Produce

Manawatu Times, Volume 60, Issue 250, 23 October 1935, Page 12

Dairy Produce

BUTTER FIRM AT 119 s. CHEESE PRICES ADVANCING. Butter prices m London continued to rise steadily last week, the market closing firm to a good demand at HSs to 119 s for finest New Zealand salted, with a further upward trend. The price advance on the previous week is 3s, while prices arc .now about 50s a cwt. above those ruling a year ago. Deliveries of New Zealand butter last week totalled 1904 tons, compared with 1900 tons for the previous week and 1960 tons a year ago. <- Australian deliveries were 737 tons, compared with 200 tons for the previous week and 1230 tons a year ago.

The Imperial Economic Committee’s estimated stocks of all butters in store was 531,11 G boxes, compared with 1,546,093 boxes a. year ago. New Zealand butter in store has increased slightly to 4502 tons,. including -102 tons ex Ruahiue and Huntingdon, compared with 445 S tons for the previous week and 9522 tons a year ago. Australian stored butter now totals only 121 S tons, compared with 1620 tons for ttye previous week and 4029 tons a year ago. Tho ehecso market continued firm last week and closed to a good demand at 59s to 60s for New Zealand white and coloured. Deliveries of New Zealand cheese last week totalled 15,735 crates, against 21,224 crates a year ago. Tho quantity in store now totals 52,710 crates, compared with 111,552 crates a year ago. Canadian deliveries last week wero 7194 boxes, compared with 10,G4S boxes a year ago, while the quantity in store has risen sharply to 124,657 boxes, compared with 97,077 boxes a year ago.

The Dairy Board’s London office reports last week’s closing quotations as follow, those for the previous weekbeing shown in parentheses: —

Butter. New Zealand, salted (equals approximately 13.95 d, f.0.b.), 117s-ISBs to 119 s (115 s to 116 s; October 4, 1934, GGs to 70s); unsalted, 116 s to 118 s (112 s to 116 s; October -1, 1934, 7Ss to SOs). Australian, salted and unsalted, 110 s to 117 s (114 s to 115 s).

Siberian, salted, 107 sto 112 s (101 s). Ukranian, salted, Ills to 112 s (102 s) Polish, salted, 9Ss to 100 s (945). Lithuanian, salted, 105 s to 106 s (100 s); unsalted, 105s-106s to 107 s.

Danish, 10Ss f.0.b., 12Ss to 130 s spot (IOSs, 128 s to 130 s). Dutch, unsalted, 105 s (1035).South Africa, 110 s to 114 s (110 s to 112 s). The board has also received the following cabled advice from its agents in Canada:— Butter: New York, 27 1 cents, a lb.; Montreal, 23 cents. Canadian stocks total 0941 tons, compared with CS7S tons a year ago. Cheese.

New Zealand, white and coloured (equals approximately G.5Sd, f.0.b.), 59s to 60s (5Ss to 5Ss Gd; October 4, 1934, 48s to 495). Australian, white, 57s Gd to 5Ss; coloured, 5Ss. Canadian, white, 59s to 60s (57s to 595); coloured, 59s to 61s (5Ss to 6.15); old season’s, white, 64s to GGs (64s to 665); c.i.f., 62s (57s to 5Ss). English finest farmers’, SGs to 90s (965). -n. English factory- cheese, 44s to uOs (40s to 465).