DAIRYING OUTPUT

Northern Advocate, 24 September 1927, Page 8

DAIRYING OUTPUT

APPRECIABLE INCREASE, AUCKLAND, This Day. The quantity 'of butter and cheese received into the grading store in Auckland for the past fortnight shows a substantial increase over the corresponding period of last year. Cable advice, received frojn Buenos Aires, states that Argentina is experiencing drought conditions, with production 5Q per cent, below normal. London market prices for New Zealand butter and cheese remain unchanged, at firm values. Danish butter is now in short supply and eagerly sought by Germany and France as well as England. It has touched 196 s f.o.b.

Betails of the quantities of butter and cheese received into the grading stores of the Auckland Farmers'’ Freezing Company, for the fortnight ended September 21, show that they were in excess of the supplies for the corresponding period last year by 10,171 boxes of butter and 454 crates of cheese. Reduced to terms of butter-fat this represents 504,332 lb,, worth approximately at ruling values £38,000. The fortnight’s receipts Into the store represent an increase of approximately 17 per cent, of butter and 11 per cent, of cheese, while ■ advances of 29 per cent, in butter and 21 per cent, in cheese mark the total production for the new season to date, compared with the same period of 1020. Betails of the receipts into the grading store for the past fortnight, with figures for the corresponding period of 1020, in parentheses, are as follows: — Boxes of Butter, 70,063, equal to 3,200,607 lb butter-fat, (50,802 equal to 2,704,060 lb fat). Crates of cheese, 4580, equal to 200,401 lb fat, (4120 equal to 260,777 lb fat). Beliveries for fortnight, boxes of butter 80,974, (73,116); crates of cheese 3298, (4137).

Receipts into store since July 1 are: boxes of butter, 184,212 (142,907); crates of cheese 9582 (7903). Stocks on hand, boxes of butter 41,732, (22,842); crates of cheese 5940, (2610: Cablegrams received yesterday, touching London market values, indicate that recent quotations for New Zcftjjrnd butter remain as high as 184 s and eheeke is up to 102 s. A notable feature is the rise in Danish butter tp 196 s f.d.b. which is ecpial to 200 s and over on the English, market. Clearly, Danish butter, which has been rapidly quitted under the dating system and greatly in demand in Erance and Gcr* atahy, is now in short Supply.