DAIRY PRODUCE FIRM

Taranaki Daily News, 2 May 1933, Page 12

DAIRY PRODUCE FIRM

BUTTER ADVANCES TO 68s. to 71s, CHEESE MARKET STEADY. An improved demand last week caused a firming in the butter and cheese markets in London. The price of New Zealand salted butter on Friday was ‘quoted at 68s. to 715., an advance of 2s. to 3s. on the week. The quantity of New Zealand butter in store in London on Friday was 8121 tons, or 1793 tons more than the quantity held a year ago. The retail price of New Zealand butter in London was unchanged at 9d. a lb., but Danish advanced to Is. The London office of the Dairy Board reports Friday’s closing quotations as follow, those for the previous week being shown in parentheses:— BUTTER. New Zealand, salted, 685., 70s. up to 71s. (665. to 685.; April 29, 1932, 975. to 100 s.); unsalted, 685., 70s. up to 71s. (665. to 705.; April 29, 1932, 102 s. to 106 s.); 68s. to 70s. equals approximately 7|d.- a lb. f.o.b. First whey, 645. (625.); second whey, 625. (605.). Deliveries, New Zealand, 2069 tons. In store, 8121 tons, includes 112 tons ex Highland Warrior. Australian, salted, 665., 68s. to 695. (645. to 675.); unsalted, 665. to 70s. (665. to 685.). Deliveries, Australian, 1712 tons. In store, 5250 tons. 68s. (645. to 665.). ' Argentine, unsalted, 645. to 665.; ex., 68s. (645. to 665.). Danish, 755. f.0.b.; 955. to 965. spot (765; 985.). Dutch, unsalted, 925. to 965. Latvian, unsalted, 70s. (71s. to 735.). Lithuanian, unsalted, 675., 695. to 70s. (675. to 685.). Siberian, 625. (625. to 635.). The board has also received the following advice from its agents in Canada: Butter: New York, 22£ cents; Montreal, 21.} cents a lb. . Cheese. ' New Zealand, white, 38s. to 395.; ex., 40s. (3.9 d. f.0.b.), (375. to 385.;-April 29, 1932, 58s. to 595.); coloured, 435. to 445.. ex. 455. (4}d. f.0.b.), 435. to 455.; April 29, 1932, 58s. to 605.). Deliveries, New Zealand, 23,576 crates. In store, 121,068 crates, includes 9000 crates ex Rotorua. Australian, white, 375.; coloured, 40s. to 425. (435.- to 435. 6d.). South Africa, white 355. (365.); coloured, 40s. to 425. (425.). Canadian, white, 625. to 68s, (625. to 685.); coloured, 645. to 665. (665. to 685.). Deliveries,, Canadian, 3900 boxes. In store, 77,363 boxes. English finest farmers’, 84s. to 102 s. (84s. to 1025.).