DAIRY PRODUCE.
BUTTER MARKET SLOW. LOW QUOTATIONS FOR CHEESE. (Per Press Association.) WELLINGTON, May 6. The New Zealand Producers’ Cooperative Marketing Association has received the following cable from London, dated May 2: —“Butter market slow. New Zealand, salted 170 s to 1725, unsalted 176 s to 178 s, Australian, 160 s to 162; Argentine, 148 s to 1565; Danish. 2025; Dutch, 186 s. The Danish price is due to Continental demand curtailing their supplies for this market. Cheese: The market is quiet. New Zealand, white and coloured. 54s to 565. Stocks of New Zealand and Canadian held cheese 134,000 crates, not including 40,000 now discharging ex the Matakana and era. At the same date last year the market price was 94s and stocks were only 3 8,000 crates. Heavy stocks are repressing the market and buyers are only taking daily or weekly requirements in anticipation of lower prices.
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Bibliographic details
Wanganui Chronicle, Volume LXXXI, Issue 19007, 7 May 1924, Page 8
Word Count
148DAIRY PRODUCE. Wanganui Chronicle, Volume LXXXI, Issue 19007, 7 May 1924, Page 8
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