BUTTER AND CHEESE

Sun (Auckland), Volume IV, Issue 1076, 13 September 1930, Page 10

BUTTER AND CHEESE

Merchants report receipt of overseas cables as follow: Amalgamated Dairies, Limited, from their London office:—"Butter: All Prices unchanged. Anchor 128 s: other finest. 3~75: market steady. Cheese: AVhite, 71s to 725; coloured. 72s to 745. Market slow.” In sympathy with butter the cheese market also shows a marked downward tendency, although there appears to be more doing at the lower prices and removals from the cool stores for the week were nearly twice as large as last year. Stocks as at September 1 were, however, 25 per ’ cent, higher. Although the August figures show a pronounced increase in • production one cannot but notice the great difference between that of i cheese as against butter, especially ■ so at a time when cheese factories have hardly got under way. It looks as if those factories with I dual plants have considered a change over from butter to cheese as being the more stable proposition for the coming season, and a resultant in- * crease in the amount of cheese to be I produced will be recorded. It is worthy of note that the premium for ■ coloured cheese is. slowly being dissipated. the difference in favour of the former being now only 2s a cwt, { which goes to show that the market i°r this will shortly be oversupplied and we predict an early swing in the other direction.