DAIRY PRODUCE

Poverty Bay Herald, Volume LV, Issue 16874, 11 February 1929, Page 7

DAIRY PRODUCE

PRICES SIGHTLY LOWER BUT NO SERIOUS DECLINE (Australian and N.Z. Press Association.) (Received Feb. 11. 10 a.m.) LONDON. Feb. 10. Although prices for butter have given way slightly, there is no reason to expect any serious reduction in values, for •the consumption remains good, and arrivals in February and quantities afloat are moderate. A ho. there is no accumulation of stocks here, and practically all 'butters are going into consumption immediately they arrive. This season ought to work out satisfactorily for .factories which have consigned their butter, and it is worth noting that prices to-day are fully ?0s per cwt, higher than a year ago. Shippers of eggs from Australia and New Zealand have struck a very bad time, and the market has been greatly suppressed. There has been a slight hardening of prices in the last few day* owing to the cold weather on the Continent, but before that supplies of continental eggs were so great that Dominions' produce could hardly find buyers. The best price for Australia's to-day is 13s to 14s 6d per 120, a figure which cannot possibly give a profit. Importers say that the'time of 20s and 22s_ for Australian eggs has gone, and it is a question of the wisdom of shipping them next vear.