DAIRY PRODUCE

Hokitika Guardian, 14 September 1928, Page 3

DAIRY PRODUCE

Messrs W. Weddel and Co., Ltd., London, report that the market for both 'butter, and cheese lias remained linn throughout the past month, but business has been extremely quiet, owing to small arrivals and the fact that the larger buyers have already covered their immediate requirements. Danish butter has firmed with diminishing m-odlirtioii 111 tIK " No '. ern Hemisphere, whilst fresh 4 Zealand iinsalted is scarce. As usual at this period of the year, there is ,ni the market a considerable quantity |of -stored butters and these do not meet with favour and are d.fiicnlt to sell except at reduced prices; >us • ii.. ..unties 4 to unsalteu more especiall\ * I I»P ,KS butters which, without preservatives, are likelv to suffer by long storage. I ' Cheese prices have remained firm throughout and we are advised that present, market rates for both butter and cheese are likely to remain firm provided that there is no pressure to sell forward from Australia or Ne» Zealand at materially reduced prices. Ale,...time, buyers of both butter and cheese bare retired and no for"an buying is being done «t the pre*m ‘ Turning to production m V" /e ~ (and the increase iu August grad;;,g S ’is very considerable and amounts t,o °6.9 per cent in buttei am • per cent in cheese, or eonvei tmf. these into butter-fat equivalent there is an increase of 33.03 per cent as compared with August, 192-.