EXPORT OF BUTTER

New Zealand Herald, Volume LXXIV, Issue 22916, 20 December 1937, Page 7

EXPORT OF BUTTER

FALL IN NOVEMBER SEASON'S TOTAL HIGHER AUSTRALIA RECOVERS GROUND Although the amount of butter shipped from New Zealand so far this season is higher than that for the same period last season, the improvement earlier this season has not been maintained during the past, month. According to the Dairy Board's latest figures, 46,432 tons of butter have been exported, an increase of 2109 tons on the equivalent period of last In November, however,, shipments totalled only 9490 tons, a drop of 2530 tons on November, 1935. With the exception of Panama, which showed a slight increase, considerably smaller shipments were made to all destinations in November. Exports to London showcd only a small decline compared with consignments to Avonmouth and Cardiff, Liverpool, Manchester and Glasgow. Australian production has at last recovered from the setback suffered through serious droughts. Output is now greater than that of the previous season, a total of 25,405 tons being shipped in the four months, against 22,975 tons in the same period last season. The November total of 10,439. tons was fully ;JOOO tons higher than in November, 1936. Empire countries continue to fill lesß of Great Britain's butter requirements. For the 11 months of the current calendar year, the amount of Empire butter imported into Britain was 215,276 tons, against 232,947 tons in the same period last year and 244,210 tons in 1935. New Zealand, however, is fortunate, as it is the only country whose total has risen. The following table shows imports of all butter into Britain for the 11 months ended November in the last three years:— 1037 1936 1935 New Zealand.. 129,917 121,775 115,848 Australia .. 62,060 78,958 94,935 Irish Free State 15,9-12 23,182 24,253 Other British.. 7,357 9,032 6,156 Empire .. 215,276 232,947 244,210 Denmark .. 104.355 99,573 100,993 Finland .. 7,538 7,427 5,421 Soviet TJn. .. 13,568 19,583 24.810 Sweden .. 9,200 6,828 8,854 - Netherlands .. 34,167 34,892 .81.581 Estonia .. 7,613 6.500 5,770 Latvia .. 10,363 8,949 9,449 Lithuania .. 9,924 10,226 8,724 •Argentine .. 5,467 SJOI 2,763 Other Foreign 8,647 15?275 7,581 Foreign .. 213,954 105,946 Total tons 426,118 446,901 440,156 The estimated stocks of all butters in London on December 1, together with export stocks in New Zealand and afloat, totalled 38,567 tons, against 36,214 tons at December 1, 1936, and 34,374 tons in 1935. SIMILAR MOVE IN OHEESE FIGURES FOR 11 MONTHS Total exports of cheese in November were 4864 tons, a decrease of 1725 tons on November, 1936. The total for the first four months of this season, however, was 1876 tons higher at 23,613 tons. British imports of cheese in tons for the first 11 months of the past three years, compare as follows: 1937 1036 ~ 1935 New Zealand .. 78,015 75,923 80,331 •Australia .. 5,047 3,758 6,008 Canada .. 33,811 27,513 22,305 Other British.. 1,531 1,481 1,237 Empire .. 118,404 108,675 110,181 i Netherlands .. 9,881 7,998 9,137 Italy .. 2,760 368 3,713 Switzerland .. 806 798 974 r Other Foreign 1,616 2,767 927 - Foreign .. 15,039 11,932 14,751 ; Total tons 133,473 120,607 124,932 i Estimated stocks of all cheese in j England at December 1, together with •' export stocks in New Zealand and : afloat, were 35,937 tons, compared with . 32,810 tons at the same date last year \ and 33,383 tons in 1935 > ! MARKET IN LONDON ; • ADVANCE PURELY NOMINAL j LITTLE OPTIMISM SHOWN (Received December 19, 7.5 p.m.). s LONDON. Deo 18 f Butter is experiencing a difficult mat- , ket. Stocks are considerably down on I the previous fortnight and encouraged the hope of a useful appreciation, but i* the advance is purely nominal. Busis ness is entirely distributive. There has p been no speculation, indicating that in i, spite of the improved statistical position, there is little optimism. There is plenty of butter in sight. Lower prices are expected in January. I Retail butter prices have been drastically slashed. Empire butter averages, 13<1 to 14d per lb., but the consifmpf tion, although improving, still has not e recovered the loss made during the n period of high prices. No interest is being taken in cheese. " Although the arrivals are cortparas tively light, the demand is barely sufficient to clear them. ' There has been an appreciable demand for all descriptions of eggs. Owing to the colder weather, prices are-better. ALBERTLAND OUTPUT [from our own correspondent] WELLSFORD, Saturdaj An increased output of butter hM been recorded this season at the Te Hana factory of the. Albertland Cooperative Dairy Company, Limited. During November 181 tons 17cwt or butter was made, an increase of 33 tons ' 18cwt. over last November. The improved output is mainly due to a large increase in the number of suppliers, a number having been transferred W the company under the zoning regulations. The December payment was- made at the rate of Is Ojd per lb. of butterfat for cream of superfine quality, the total due to suppliers being £17,160. A good proportion of the money, in many cases, went to payment for manures, of which a large tonnage wa» obtained in November by the company's suppliers.