DAIRY PRODUCE

Wanganui Chronicle, Volume 74, Issue 146, 23 June 1931, Page 9

DAIRY PRODUCE

BUTTER MARKET VERY SLOW ■ IJEESi: QUILT AND STEADY . The JjutLer market in Loudon is described as very slow, but retail prices are. unchanged. New Zealand at Is U Is Id per lb, and Danish at Is 3d. The wholesale quotation for New Zealand finest salted is J.oBs to J 12s, which iequivalent to lljld per lb f.o.b. Th( Dairy Board’s report from its London office shows that, slocks of New Zea land butler are. only one-half what the} were a year ago. 'The June-July arrivals of butter in Britain are showim. a substantial increase, but tho estimai ed stocks of all butters at. June 13 an over 400,DU0 boxes less than they wen a. year ago. The cheese market is slow bul. prices an; steady. T'he Dairy Board's London office re ports prices as at Friday as follow those for the previous week I • show i in parentheses:— Butter New Zealand. —Suited, JOds to .112: (109 s to 112 s; June 20, 1930, 133 s t( 1365); unsalted, 112 s to 116 s (114 s t( 116 s; June 20, 1930, 144 s to 1465); firs’ whey, 100 s (103 s second whey, 98; (100 s Australasian. —Baited, 104 s to 107; (105 s to 108 s); unsalted, 108 s to 110 s (108 s to 112 s). Argentine.— Unsalted, 108 s to JlO (108 s to J 10s). Dutch.— Unsalted, 116 s to 120 s (112 s South Africa, Joos to 103 s (104 s t< lOfis). Irish Creamery.—-Salted, 112 s (no quoted). Danish. — 112 s to 113 s f.0.b., 1 LSs t( 120 s spot; (112 s 118 s to 120 s). Dutch.— Unsuited, 116 s to 120 s (114: to 116 s). Lsthonian.—Salted and unsalted, 108 (108 s to 110 s). Siberian.—Salted and unsalted, 104 to 108 s (108 s to J 10s). Polish, 94s to 100 s (100 s to 104 s). Lithuanian, 100 s to 108 s (not quoted'' Canadian. 104 s to 106 s c.i.f.; 108 landed (not quoted). The board has also received the fol lowing advice from its agents in Can ada: —Butter: New York. 22i cent (lljd); Montreal, 20J (lOgd per lb) U.S.A, butter stocks, 35,285,0001 b; las year, 50,375,0001 b. Cheese New Zealand.— White, 53s tu 35s (54; to 555); June 20. 1930, 78s to 795) coloured, 56s to 575; ex., 58s (56s l< 58s; June 20, 1930, 84s to 85s). South Africa.—White and coloured 40s to 51s (50s to 525). Canadian.—White and coloured, 68; to 745, 70s, 74s to 765); this sea son's, c.i.f., 55s (555). Stocks and Deliveries The Dairy Board has received advice that the imports of butter into Britain during June arc estimated to total 35,000 to 36.000 boxes. There is likely to be a substantial increase during June and July. The Empire Marketing Board’s estimate of stocks of all butter at June 13 was 620,000 boxes, as compared with 1,030.833 boxes a year ago. Deliveries of New Zealand butter for the week ended Thursday were 1466 tons, as against 910 tons a year ago. The quantity in store, excluding 250 tons, ex Tamaroa, is 5433 tons, as compared with 10,688 tons a year ago. Deliveries of Australian butter for the week were 1176 tons, as against 1512 tons, and the quantity in store is 2792 tons, as compared with 3550 tons a year ago. Canadian Butter in Britain After a lengthy absence, Canada has reappeared in the London butter market. The Dairy Board has received advice that 14,000 boxes of Canadian butter arrived last week, and another 5000 boxes arc expected to arrive this week. The price is quoted 104 s to 106 s c.i.f., or 108 s landed. During the first week in May, Canadian exports of butter to Britain included 1113 box'es of New Zealand butter. British imports of Canadian butter during 1928 were 102 tons, and in 1929 one ton only. The Rotorua and Rangitikei, which sailed last week for London, took 102,448 boxes of butter and 22,768 crates of cheese from tho Dominion.