LOW BUTTER EXPORTS.

Waikato Times, Volume 107, Issue 18024, 20 May 1930, Page 10

LOW BUTTER EXPORTS.

GISBORNE SHIPMENTS. factories hold supplies. When the butter market is in a healthy condition the export surplus is usually sent to overseas markets with as little delay as possible, but this year, when companies are awaiting signs of a definite improvement in the position, they have been holding certain quantities in their stores. This is apparently the position in Gisborne, for with increased production everywhere in the district from which the Gisborne grading stores draw their supplies the exports have been a great deal less than the quantities graded for the corresponding previous period. It is not known what - quantities of butter are being held in the district, but export figures in comparison with last season’s grading returns give some idea. From the beginning of August to the end of last month 39,496 boxes of butter had been exported from Gisborne, while for the corresponding period last season 50,400 boxes had been received at the grading stores. At the beginning of the season some fairly large shipments were despatched, but since the butter market reached an unpromising state the exports have been a great deal smaller, with none at all being sent away last month. Although as much as 10,596 boxes were shipped during the height of the season in November the average monthly totals have been less than 4500 boxes.