COMMERCIAL

Stratford Evening Post, Issue 61, 23 May 1928, Page 3

COMMERCIAL

DAIRY INDUSTRY. PRICE PROSPECTS*. WELLING-TON, May 21. The next two months will show what returns New Zealand farmers may expect for the balance of their dairy produce shipped overseas. In that period it will he made clear whether Europe is to have a delayed season or a dry one. If the season is dry, butter prices will soar to beyond 180 s. Otherwise, in the opinion of the butter trade, from 164 s to 168 s is all that the dairy farmer can reasonably expect. Butter circles concur that butter will be a shade liigher than last 'year when the average ipay-out by dairy factories was about Is 4 l-4d or Is 4|d, but Mr T. C. Brash, secretary of the Dairy Produce Control Board, holds that farmers will probably get at least id per lb more tha n theiiw return of last year. Everything depends upon what weather rules in Europe during the next four or five weeks. The cheese position, however, is secure. A great deal of the Domina pay-out of from Is 7id to Is B£d js expected. This is considerably better than the best that was offering in 1927, the highest pr'ice then being about Is 6£d. STRATFORD SALE. I

Messrs Newton King, Ltd., report as follows on their Stratford sale yesterday: We had a fair yarding, all of which {sold Well under the hammer. Fat cows made up to £7 4s, forward cows £4 2s 6d to £s' ss, store cows £3 to £3 16s, medium quality weaner heifers £4 ss, mixed coloured lines up to £2 16s.