MARKET FOR BUTTER

Taranaki Daily News, 24 July 1930, Page 12

MARKET FOR BUTTER

THE POSITION IN CANADA. UNITED STATES TARIFF. That the future of the market for New Zealand dairy produce in Canada would depend very largely on the action of the United States with regard to the exports to the States of milk and cream from the eastern provinces of Canada was expressed recently by Mr. W. Goodfellow, managing director of Amalgamated Dairies, Limited. Since then the United States Government has increased the tariff on the milk and cream Imports as follows, the increase taking effect from about June 13:— Cheese, per lb, from 5 cents to 7 cents; butter, per lb, from 12 cents to 14 cents; milk, per gallon, from 3.75 cents to 6.5 cents; cream, per* gallon, from 30 cents to 56.6 cents.

Mr. Goodfellow stated on Tuesday, says the New Zealand Herald, that it would be a month or two before the effect of the new tariff was known, but it seemed that Canada would have to increase its export of butter and cheese to Great Britain and decrease its importations from New Zealand. Much depended on the seasonal conditions in the United States, where this year there was a surplus of butter. Should the United States experience an adverse season Canada might be willing to accept lower prices. Advice had been received that Eastern Canada would require to import 350,000 boxes of butter in . addition to what was in store on June 17.

The total production of milk in Canada has been steadily increasing each year. The production in 1927, the latest year for which full figures are available, was. : . of butter-fat,

compared with 345,216,3511 b in 1921. During the years from 1926 to 1929 th® United States required large importations of milk products in the< form of milk, cream and cheese, which were obtained from Canada. This provided an outlet for. milk ■ products largely made available by the cessation of butter exports and the importation of New Zealand butter. The exports from Canada to the United States for the year ended September, 1929, were:—Cheese, 9,228,4001 b; cream, 2,495,207 gallons; milk, 3,712,030 gallons; milk in other forms, 2,440,5001 b.