DAIRY PRODUCE

Hokitika Guardian, 3 December 1925, Page 4

DAIRY PRODUCE

ANXIETY REGARDING .MARKET. ayeij.ixgtox. x.>v. ;-:o. I lie blitter market outlook in rausinjl thise interested in the truth* a pynnl iluul of anxiety. Eerent developineiits me the ilirecti elloels of the strike of British seamen. N’ii New Zealand hitiler is expected to arrive in Britain between November 22 and December 17. but then the Tnrakinn. with 10.117 boxes, (be Athenie. with 40.27.) bxes. the Tainui. with 10,652 boxes, the Tnn<i;ariro. with, 27,588 boxes, and the Dorcst with ]O,B!M boxes, will arrive in ipiick succession, and December .supplies will be about normal. In .January approximately I I.tid'd tons of New Zealand latter will reach the terminal market. This is At; per cent more than was receive:! last .tanmirv. and is equal f:> about 20 jut cent of the total quantity exportable. In addition to ibis, it lias been ascertained that Australian butter shipments arriving in January will amount

to 8000 tons, and it can'be seen that, with this heavy weight of butter on the market, there must be a drop in values, which may easily develop into a serious slump. Already forward buyers are bolding off the market, preferring to await the heavy arrivals before making purchases, when no doubt tdiev will be able to buy more cheaply than is possible at the moment. Everyone is anxious to know what the Dairy Control Hard intends doing in the matter, ns, so far, the board has given no indication, that it has any scheme for dealing with the situation. There does not appear to be the same anxiety with respect to cheese, notwithstanding the fact that January arrivals are expected to amount to 13,C00 tons. It is stated that most of the cheese has been sold, and that London importers will handle the situation so as to avoid any loss. Cheese prices are expected to he fairly steady during the next three or four months, but not so butter prices.