BUTTER MARKETING

New Zealand Herald, Volume LXXV, Issue 23191, 10 November 1938, Page 7

BUTTER MARKETING

, NEW ZEALAND METHODS PRAISE FROM AUSTRALIA GAINS TO THE PRODUCER ''The loose methods employed in the marketing of Australian butter in Britain are the reason for the present price margin of 6s or 7s per cwt. in favour of New Zealand butter.; The | average quality of Australian choicest butter is outstanding and it can easily t hold its own in this respect with any | other butter in the world." This view was expressed by Major J. Russell King, general manager of the Producers' Co-operative Distributing Society, who returned to Sydney recently from a visit to England. Major King came back deeply impressed with the efficiency of the methods now employed in the marketing of New Zealand butter in Britain. In a special interview with the Primary Producer, he said the results obtained by the Dominion's Marketing Department iu disposing of the large volume of butter shipped from New Zealand spoke for themselves. He will make a comprehensive report on this and other ..matters investigated by him while overseas to the Australian Dairy Produce Board., of which he is a member representing New South Vv'ales' cooperative interests.

Major King said the concentration of supplies through the one channel had enabled the New Zealand authorities to exercise an effective supervision and control over the disposal of Dominion butter. Formerly there were 30 agents handling the butter, but the number had now been reduced to 20. "New Zealand is treating the Tooley Street agents in the same way as the up-to-date farmer treats his dairy cows," said Major King. "She tests them and those found wanting are turned out." Referring to the necessity to develop Australian butter trade with Britisli outports, Major King said the New Zealandcrs had scored one oi: their greatest successes in this field, iind the volume of _ butter now shipped from the Dominion to British porta other than London had a decisive influence in steadying the London market by relieving it of the pressure of Isupplies and was also instrumental in extending the market for the Dominion's produce. There was no question, her said, but Australian exporters must seriously tackle the problem of outports. The matter was not one, however, for individual exporters or factories, but must be dealt with by the industry as a whole.

Tho Australian dairy industry, he said, already possessed an organisation in Empire dairies through which a concerted attack on the outp6rt trade is being made and could be extended without further cost.

LONDON PRICIE FALLS NEW ZEALAND NOW AT Ills LONDON, Nov. 8 The market for butter is very quiet. New Zealand choicest salted is quoted at Ills per cwt; unsalted, 113s; Australian salted, 107s; unsalted, 108s. The latest prices for New Zealand ' show a sharp drop of 3s pcir cwt. upon rates ruling at the close of last week. ✓ The quotation of Ills per cwt. London, is equal to about 13,23 d f.ci.b. New , Zealand, compared with the basic guaranteed price of 14.89 d per lb. f.o.b.

FAT LAMB EXPORT . f ' REDUCED EARLY KILLINGS CHRISTMAS TRADE; UNCERTAIN Killings of lamb for eairly shipment have been unusually low and late this season, owing to the unfavourable conditions. At this stage last season, which was also backward, killings were in hand for at least four ships due to reach London prior to Christmas. This season the Rangitiki was the only vessel scheduled to load and arrive at London with new season's lamb in time for the opening of the Christmas trade. In view of tho waterfront conditions ruling,, the date of the arrival of her consignments in London has now become uncertain. 1

The early kill in Auckland is much below that of last year, totalling about 8000 to 10,000, which aro available for loading. Killing for shipment bv the Rangitiki was expected to cease to-day, but arrangements have become uncertain, owing to a change in the vessel's loading itinerary. The ship was expected to load first at Auckland and finally at Napier, where she was allotted some" 70,000 lambs, most of which have yet to be killed. Now she is to call at Napier first and tho effect of the reversal of the order of loading is not yet ascertainable. At the Auckland works exporters' current schedule rates apply to all lambs killed for export up to to-night. The opening rates were 011 the basis of 8-Jd up to 421b.

HAWKE'S BAY SCHEDULE >' RATE OPENS AT SVI) . [BY TELEGRAPH —OWN- CORRESPONDENT] HASTINGS, "Wednesday The opening killing schedule for export fat lambs in Hawke's Bay has now been announced as Bjd for lambs up to 421b. and 8d for over 4-lb. and seconds. These rates apply only to lambs killed during the present week. After the close of the week it is considered likely that the rate may be reduced to BJd for lambs up to 421b.. with' a corresponding decrease for seconds. COMMODITIES IN LONDON SLOW MARKET FOR EGGS The Department of Agriculture has received the following cablegram from the High Commissioner, London, dated November 4:- L - Tallow. —The spot market is (juiefc for shipments, and inclined to be easier. Present spot quotations are unchanged. Hemp.—The Manila market is quiet; but steady; sellers reserved; closing value, "K" grade, £lO ss. The sisal market is firm but quiet; November/ January shipment sold up to £l7 '2s Cd. New Zealand is not being offered. Eggs.—The market was firm early this week, quieter at the close. English, national mark, mediums, standards and special?:. 1%. 2<5?; English. ordinary pack 0.0-15Ub.V, 22s (3d, 23s 6d; Danish (14481b.), 14s 6d, 18s; Australian (13$-]7!b.); 12s. 14s. The New Zealand market is slow: Raneitane shipment, about one-half sold; 14-161b. realised 12s fid, 13s 6d.