STOCKS OF DAIRY PRODUCE

Taranaki Daily News, 19 November 1930, Page 12

STOCKS OF DAIRY PRODUCE

INCREASED EXPORT OF BUTTER BRITISH MARKET SITUATION In view of the depressed state of the butter and cheese markets at Home more than ordinary interest attaches to the problem of stocks of dairy produce “in sight” at'the present time. October shipments of, butter to Great [Britain from New Zealand, Australia, and the Argentine were nearly 5500 tons in'excess of those of October, 1029, while actual imports into Britain during last month were GB9O torts above those of October, 1929. On the other hand, there were slight decreases in the New Zealand exports and the British imports of cheese last month. According to the report issued yesterday by the Dairy Board, the position of butter and cheese stocks at November 1 compares as follows:—

The figures show an increase of nearly 4500 tons in the butter stocks in Canada at November 1 compared with a year ago, but very little increase in cheese. On the other hand, United States butter stocks are lower by over 12,800 tons, with very little difference in cheese.

1930 1929 1928 Tons Tons Tons Estimated stocks of butters in London, including private & provincial stores 17,000 .1'2,500 15,5'50 Stocks in N.Z., including load- . ed into steamer not sailed finally at Nov. 1 6,350 3,82'5 6,454 N.Z, stocks afloat 10,186 9,700 8,215 16,53'6 13,525 14,669 Estimated stocks of cheese at London, Liverpool and Bristol; — 1930 1929 1928 Tons Tons Tons N.Z. and Aust. . 3,147 2,789 1,514 Canadian ....... 10,350 9,463 7,352 13,497 12,252 8,866 Stocks in N.Z., including ships not sailed finally at Nov. 1 7,357 4,286 .5,714 Stocks afloat from N.Z. 7,206 7,499 7,831 < I 14,563 11,785 13,545 Total cheese in sight 28,060 24,037 22,411 The figures show a total increase of 7600 tons of butter and 4000 tons of cheese in the stocks at November 1, compared with a year ago. The following are the stocks of butter and cheese held in Canada at November 1:—: 1930 1929 1928 Tons Tons Tons Butter 14,831 10,379 11,161 Cheese 11,033 10,877 10,883 Taking into account Canadian cheese both in Canada and U.K., the position shows: —: 1930 1929 1928 I Tons Tons Tons In Canada ...... 11,033 10,377 10,883 United Kingdom 10,3’50 9,463 7,352 21,383 20,340 ’’ 18,23'5 The following are the stocks of butter and cheese held in U.S.A, at November 1:— 1930 1929 1928 Tons Tons Tons Butter 48,920 61,751 47,27S Gh.eeso »••••••••• 3'5/245 34,840 06,660