DAIRY PRODUCE

Press, Volume LXXI, Issue 21418, 9 March 1935, Page 13

DAIRY PRODUCE

(UNITED PRESS ASSOCIATION—BV ELECTRIC j TIiLEGHAI'U —COPVKICIBT.) | LONDON, March 7. j Butter—Dull. Danish 107s; choicest salted, New Zealand and Australian, 755; exceptionally choice 765; unsalted, New Zealand 88s, Australian 86s. Cheese —Quiet. New Zealand, white 45s to 45s 6d, coloured 45s 6d to 465; Australian, both 43s to 445. BUYERS INACTIVE A. S. Paterson and Company advise that they have received the following cable advice from their London principals, Messrs J. and P. Lonsdale and CJj. (i'»ondon), Ltd., with regard to dairy produce markets:— Butter market: Quiet, buyers inactive—no general demand. New Zealand, 755, 765; Australian, 755, 765. Danish market slow, 86s. f.o.b. Cheese market: Quiet, buyers inactive —New Zealand —white cheese, coloured cheese, 455, 45s Cd; Australian—white cheese, coloured cheese, 435, 44i. I'ARTIAL RECOVERY EXPECTED A. H. Turnbul! and Company, Ltd., report as follows under dale March 8: The estimated arrivals in the United Kingdom during March-April and May compared with actual arrivals in previous seasons, of New Zealand butter, in tons, are: 1933. 1934. 1935. March .. 13,867 18,080 13,500 April .. 11,012 9,287 11,700 May .. 8,061 14,360 10,000 33,540 41,733 35,200 The arrivals of New Zealand cheese, in tons, arc:— 1933. 1931. 1935. March .. 12,631 13,178 10,000 April 11,816 9.195 9.200 May .. 7,062 11,079 3.500 31.509 33,452 27,700 During the first week in February, Uk! United States continued to buy steadily both on the London market and in New Zealand, and all markets remained firm. London quotations touched 93s on February 5, when U.S.A; buyers withdrew, and lrorn that time the markets have steadily declined. During the tirsl half of the month the arrival.; of New Zealand butter in London were abnormally heavy, owing to some six steamers arriving together. This caused some pressure to sell and further depreciated values. The stock position remains particularly soiintl and Messrs V/. Wcddcl and Company, Ltd., advise that they expect a partial recovery of market prices almost immediately. At the end of February the Imperial Economic Committee; estimated that the total stocks in the United Kingdom were some 7000 tons Jess than at the .same period last year. New Zealand production has continued to fall away very considerably, whilst on the other hi'.nd Australian grading:: show an increase, practically corresponding with the New Zealand decline. Forward buyers have shown no interest whatever in butter during the last lew weeks. The cheese market has been considerably steadier than butter, but, as usual, cheese weakened to some exunt with the fall in butter prices. Messrs W. Wcddel and Company, Ltd , m their latest cablegram stale that although the cheese stocks are above normal, they anticipate that in view ol the smaller arrivals of New Zealand cheese from now onwards, there will be a iiniier tone m tile cheese market. REI'ORTEI) SILORT AGE OE BITTER MAV ZEALAND'S RECENT exports ; run-so *33<ii.UTK'» 1 Li AM .1 | WELLINGTON, March 8. i When the cablegram reporting an American butter shortage, and mentioning that large shipments had been ordered from New Zealand, was referred to ihe Dairy Produce Board 10-day it was stated that nothing was known of the Canadian o; .era, and that there had certainly not been any shipments beyond the usual small quanti.y to Vancouver. By the Port G.isborne, however, and by the Opawa, which left a week ago, 80, '0 boxes had been shipped direct to New York. None of it is for Ihe Canadian market." j AUSTRALIAN PRODUCE iVIEI.IjOUKNH. March 11. Wheal 3s Ud. i Flour--.Co Bran £4 las. , I 'ol lard--- M 5. j Oats -V,s (id. | Barley < English I 2s 9d to 3-. M.n/r 7d. Potatoes -£8 to £9. Onions (Globes and Brown Spanish) --£5 15s to £6. LEESTON STOCK SALE Tin; T>ri nci | i;t 1 fi'iitiii'D nl'Oiit tin l foi't nightly ttock sale held lit tin; Lri'ston .viirds yesterday w.'is a entry of fclu'ep, tin l major portion being breeding twos. Vor Ilie.su 1111 ■ i-1* ivas a good demand and I'atuc.s i-onipared very favourably with those ruling at llu; Itiiwiuilin fair. The fat slun'l) a:id fat lambs wen: not of very good class, eNrept for a small line of lambs, which i'-aliM:d L!(is oil. The j-tnres met with a fairly good sale. There was only li small entry of i'al pig-, but Mores were fairly mi inerine,. Values for fans remained firm mid stores broughl slightly betier priees than were obtained at Addinglon on Wednesday, due f,, fanners haviVtg yn-a slubble paddoebs available and a fairly gnud supply of barley, for whieli the demand at present is v.tlher wr.-ik. Til.: attendance at tile sate was larger iban for some considerable lime, harvest work being now practically completed. The principal sheep s ;i] rs wero as follows: For b. 1;. Harnett, ( Son I hbridge), .'lll I twotooth Corriedale ewes at 22s Oil to 22s Kid, 100 four to live-year ewes lis (id; G. W. li. O-borno ( Do,v lesion), 8 four-year ewes at 15s td, 1 si) at Ms to Us Id; J. T. Denton (Southbriilge), !Hi four-year ewes at 14s !ld ; Allen's KM ato (K illinchy), 13!) ewes at J!»s to 19s -Id; A. L. harnett (Leeston), . r >U e-,vcs at Us -Id; 11. Ij. (,'ooper (IlrooUside), 7 ewes at Ills Id: (j. L. Harnett (Lakeside), .'l2 ewes at !)s: A. J\. Amyes (Leeston), 7-1 ewes at 12s 7>d; <T. 13. Anderson (Leeston), :',S ewes at lis Od; Shcat's listato (Duiisandel), (il ewes at 7.5; clients, 119 lialfbred ewes at 1 Is lOd (o 12s. 7(3 three-fjunrterbred ewe:- at Ss, 0(1 lialfbred ewes at 8s 7d; S. \\ . Warner I Soul hbridge), I!" merino ewes at ,s '.ld ; .1. (Leeston), 20 ewes at 1 ">s I'd; iJ. 11. Anderson, .'it aged ewes at 5s (id; llrown's h'stale, (\i rape ewes at "s (id; •' Legg (Leeston), 1(1 fat lambs at 2lis Oil; li. li. i 'noper, J 1 at 20s :j«|; A. K. Amyes, 211 at IDs 7d; 0. A. Crol't (Lakeside), 2 at K>s lid; I'.'. Jackman (Leeston), m nt 17s lib '><> forward Mores at 1-ts llil; clients, (51 m.s. lamlis at Ss Oil, II culls at ss, :i(! stores at .1 Or. lid. -'Hi (wo-1 oo I h wethers at 1 lis -Id: I' 1 , and .1. Wrijht iSpringsl on I, (i one-.sliear Si'iitlidown rams at :)gs; Canterliury Seed Company (t.ceston), 4at ISgns,-t at 2ps: .T. T. ]Jenny (Soulhbridge), 3 at 2gs, 1 at ,'igs. Two purebred Tannvorth boars made 3 ,'- r s and ugs, porkers 33s Od to -lis Cd, veuners from 7s. ASHBURTON FARMERS' MARKET There was a fair yarding of pigs and poultry at the Farmers' Mart yesterday. Prices ranged as follows: Poultry—Hons Is lo Is 7d a P»ir, roosters "s to ss, pullets 9d to 9s od, geeso to 4s. Haeonor.* £!) ss, ehoppurs £2 10a. sfurr-s li:Is to *Jl>, weaiHTa and slips Gs 0d to 1 Is. An njiml marn sold for XII, niifl t\u> geldings brought £1 ss.