THE DAIRYING PROSPECT.

Franklin Times, Volume 9, Issue 682, 8 November 1921, Page 7

THE DAIRYING PROSPECT.

Everyone who has watched the movement of prices during the last six months must have realised that a decline in the value of dairy produce was inevitable. Wool and meat were caught in the tumble of fallingprices long ago, and it is gratifying to learn from <the cables that these commodities are finding a more buoyant market with seme prospect of a more adequate reward coming to the producers. Now, however, the inevitable is happening, and dairy produce values are undergoing a change—to 'what extent, however, remains for the future to decide. It is not unexpected. With a lowering standard of values on every hand neither butter nor cheese could retain their war-itime level, and the only perplexing consideration at this moment is as to how far the values will recede. The oulook for The t producers is not as yet such to occasion alarm; there is need for cauion—nothing more . All the world over the financial barometer is unsteady, and values are fluctuating in consequence. The dried milk prospect is encouraging and, supplementary to the market for butter, should give satisfactory returns to producers hereabouts. But the present situation demands of producers the virtue that they are so persistently claiming of the Government— economy. Co-opera-tivo management should bU reduced to the point of actual necessity, and there should be reasonable economy in farm practices. Enterprise on these lines will largely overcome any difficulties that the present situation may contain.