BUTTER EXPORTS

New Zealand Herald, Volume LXXIII, Issue 22349, 21 February 1936, Page 7

BUTTER EXPORTS

SHIPMENTS TO BRITAIN DECREASE IN JANUARY i SEASON'S TOTAL HIGHER Shipments of butter from New Zealand in January totalled 12,968 tons, a decrease of 498 tons on January, 1935, but for the first seven months of the season shipments were 3058 tons greater at 73,524 tons. January shipments from Australia and New Zealand to the United Kingdom were only 21,746 tons, against 29,218 tons in January, 1935. The following table shows imports of all butters, in tons, into Britain in January for the past three years:— 1936 1935 1934 Australia .. .. 12,516 15.074 13.598 New Zealand .. 13.540 13.370 1G.112 j Irish Free State. . 130 76 34 Other British . 347 292 50 Empire . .. 26.539 28.812 29,800 Denmark .. .. 7,863 7,618 10,251 Finland .. .. 303 4 37 849 Soviet Russia .. 10 1 773 Sweden .. .. 528 800 1.232 Netherlands .. 1,334 315 184 j Estonia . . .. 231 190 105 Latvia . . .. 292 98 232 . Lithuania .. 253 81 67 i Argentine .. 948 428 1,153 Oth(?r foreign .. 818- 118 300 > Foreign .. 12,640 10.086 15,200 Total tons . . 39,179 38.898 45,006 During January 12 per cent of th<? butter exported was sold f.0.b., against 21 per cent in January, 1935. The estimated stocks of all butters in London at February 1, together with export stocks in New Zealand I and afloat, totalled 43,418 tons, against 41,919 tons a year ago. THE CHEESE POSITION SMALLER QUANTITY SHIPPED | • j Cheese exports in January, at 6954 tons, were 2850 tons less than in January, 1935, while for the first seven months of the season they were 39,423 tons, a decline of 7963 tons. Of the j January total, 70 per cent was white and 30 per cent coloured, the figures j for January, 1935, being 72 per cent | and 28 per cent respectively. British imports of cheese, in tons, j during January of the past three years, ! compare as follows: — 1936 1935 1934 Australia .. .. 640 1.535 1,050 New Zealand .. 7.656 10,607 12,557 Canada . . . . 143 35 402 Other British 149 20 4 Empire .. 8.588 12,197 14.013 Netherlandg .. 830 757 528 Italy .. .. <3B 446 Switzerland . . 568 59 47 Other foreign .. 222 81 70 Foreign .. 1,620 1,335 1,091 Total ton* .. 10,208 13,532 15,104 Estimated stocks of all cheese in England, together with export stocks in New Zealand and afloat, totalled 43,850 tons at February 1, against 49,285 tons a year ago. BUTTER MARKET QUIET PRICES AGAIN LOWER London prices for butter are again lower and New Zealand is quoted at 92s to 93s a cwt, a drop of Is to 2s. Cheese has fallen in sympathy, white being priced at 51s to 51s 6d per cwt. and coloured at 565. Both markets are very quiet, according to a cablegram, dated February 19, received by Joseph Nathan and Comjpany,. Limited, from Trengrouse and Ivathan, Limited.