DAIRY PRODUCE PRICES.

Wairarapa Age, 3 August 1936, Page 5

DAIRY PRODUCE PRICES.

GUARANTEE IN OPERATION FROM SATURDAY. BUT BATES NOT DISCLOSED YET. announcement possible IN BUDGET. WELLINGTON, August 1. Though they huve been fired, the guaranteed prices for butterfat, whieh operate as from to-day and which dairy farmers all over the Dominion are particularly anxious to know, are not to be realised until early next week. This was indicated to-day by the Minister of Marketing (the Hon. W. Nash), who stated in an interview that he was Mt'yet in a position to disclose the figure. "Yon can rest assured,” he eaid, " that the farmers will know as soon as they are in a position to deliver their produce. They can scarcely do that before next Wednesday.” The Government’s inability to reveal the desired information to-day was confirmed by the Prime Minister (the Rt. M. J. Savage), who declined to amplify his statement. There is a definite poseibility that the information may be given to the country when the Budget comes down on Tuesday night. From to-day all dairy produce pro dneed and manufactured will become the property of the State when it is placed upon the steamer for export. LONDON MARKET. LATEST QUOTATIONS. The New Zealand Dairy Board has received the following market report from its London office dated July 31 (last week’s prices in parentheses):— Butter: New Zealand salted, 116/, equals approximately 13.79 d f.0.b., (118/119/) —last year, 93/94/; unsalted, 117/118/ (118/120/)—last year, 100/102/. Market quiet. New Zealand retail price 1/2, Danish retail 1/3. Cheese: New Zealand white, 62/, 62/6, equals 6.95 d f.o.b. (62/6, 63/)— last year, 45/, 45/6; coloured, 61/, 61/6, equals 6.82 d f.o.b. (61/6. 62/)— last year, 44/6, 45/. Includes 6360 crates "Tekoa.” Market quiet. New Zealand retail prices 7d and Bd.