DAIRYING INDUSTRY.

New Zealand Herald, Volume LVIII, Issue 17880, 7 September 1921, Page 8

DAIRYING INDUSTRY.

THIS SEASON'S PROSPECTS.

BUTTER AND CHEESE PRICES

GOOD RATES INDICATED.

The prospects for this season's dairy produce were referred to by Mr. A. J. Sinclair, assistant-manager of the New Zealand Co-operative Dairy Company, Ltd., at a meeting of the East Tamaki dairy farmers on Monday evening. Mr. Sinclair said that influences were at work on the Home market in connection with* cheese which it was a little difficult to explain at the moment, but it should be remembered that efforts were frequently made at this time of the year to " bear" the market. Practically no forward sales were being made this season, buyers having been severely hit by the experience of last year. Any small sales that had taken place were mostly to fulfil orders, and were not of a speculative nature. All indications pointed to a very satisfactory price for consigned cheese, and 1? of the company's cheese factories, which had been separating milk during August for butter-making purposes, commenced the manufacture of cheese on September 1. The decision vol the Imperial Government to reduce the price of New Zealand butter would have a very beneficial effect on the coming season's butter output in New Zealand. The Imperial Government had still between 20,000 and 30,000 tons of butter in store, and obviously they recognised that this would have a poor chance against the t fresh season's make, which would arrive in England from November, onwards.

Indications pointed to this season's butter realising somewhere about 2s I'd f.0.b., and, in view of the decreased cort of production on the farm this season as compared with last, this must be considered a very satisfactory price. At the moment it was impossible to state whether cheese or butter would be the better proposition this year. A suppliers' committee was appointed, consisting of Messrs. R. W. Dawson, P. Wyman, and J. B. Baker.