MARKET FOR BUTTER.

New Zealand Herald, Volume LXVII, Issue 20623, 23 July 1930, Page 11

MARKET FOR BUTTER.

THE POSITION IN CANADA.

UNITED STATES TARIFF.

EFFECT ON IMPORTATION That the future of the market for Xew Zealand dairy produce in Canada would depend very largely on the action of the United States with regard to the exports (o the Stales of milk and cream from the eastern States of Canada was expressed recently by Mr. W. Goodlcllow, managing director of Aitulgam.iU d Dairies, Limited. Since then the ( nited Stales Government has increased the tariff on the milk and cream imports as follows, the increase taking effect from about June 13:—Cheese, per lb., from 5 cents to 7 cents; butter, per lb., from 12 cents to 14 cents; milk, per gallon, from 3.75 cents to G. 5 cents; cream, per gallon, from 30 cents to 56.6 per cent. Mr. Goodfellow stated yesterday that it would lie a month or two before the effect of the, new tariff was known, but it seemed that Canada would have, to increase its export of butter and cheeso to Great Britain and decrease its irn-

portations from New Zealand. Much depended on the seasonal conditions in tho United States, v.here this year there was "a surplus of butter. Should the. United

States experience) an adverse season Canada might be willing to accept lower prices. Advice had been received that Eastern Canada would require to import 350.000 boxes of butter in addition to what was in store on June 17.

The total production of milk in Canada has been steadily increasing each year. The production in 3927, (lit: latest voar for which full figures arc available, was 493,922,2741b. of butter-fat, compared with 345.216,3511b. in 1921. During the years from 1926 to 1929 the United States required large importations of milk products in the form of milk, cream and cheese, which were obtained from Canada. This provided an outlet for milk products largely made available by the cessation of butter exports and the importation of New Zealand butter. The exports from Canada to the United States for the year ended September, 1929, were:—Cheese, 9,228,4001b.; cream, 2,495,207' gallons; milk, 3,712,030 gallons; milk in other forms, 2.440,5001b.