Australian Butter

Manawatu Times, Volume 62, Issue 4, 6 January 1937, Page 2

Australian Butter

Dry conditions in the dairying areas of Queensland and New South Wales had a serious effect on production of butter and cheese in those districts and, indirectly, a hardening effect on the London market in consequence of a threatened short season for Australia and much reduced production. As, however, the weather improved in Australian dairying districts, so the London bu -er market showed a decline. The movements were shown in the prices as cabled to tho New Zealand Marketing Department and supplied to the Dairy Board, as follow: — New Zealand. Australian.

Prescott and Co., Sydney, report that for the week ended December 30, * ‘further heavy rains have been experienced in several dairying districts, and occasionally reports are being received that there is a danger of floods. In # due course production should increase. M . . In Victoria good rains have been received and will do much good. Arrivals are lower than those of the previous week, and slightly in excess of the corresponding week of 1935. . . . Although many dairying centres in Queensland have benefited by recent rains, there are still isolated areas where rain is much needed.”

Butter Per cwt. Per cwt. November 6 .. 108/- 109/- 107/- 108/November 13 .. 109/- 110/- 108/- 100/9 November 20 .. 109/- 110/- 107/- 108/November 27 .. 106/- 107/- 105/- 106/December 4 .. 104/- 102/- 103/December 11 .. 104/- 101/- 102/December 18 .. 99/- 100/- 96/- 97/January 2 .. 94/- 95/- 94/- 95/-