DAIRY PRODUCE

Hokitika Guardian, 15 November 1928, Page 7

DAIRY PRODUCE

Since our last report the following have been the top London quotations for dairy produce from October 13th to November 9th.: — Danish butter 1945, 190 s 1965, 198 s-, 1975. Now Zealand, unsalted, —l9O s. 190 s, 190 s, 190 s. Now Zealand, salted, 184 s 184 s. 182 s, 180-s 178 s. Cheese, white. 112 s, Ills. 110 s. 108 s, 108 s. Cheese, coloured, 110 s. 110 s, 109 s, 106 s, 106 s. Canadian, white, 112 s, 112 s, 11.25, 110 s, 112 s. Canadian, coloured, 112 s, 110 s, 110 s. 110 s, 110 s.

Butter:—As shewn by the above table of quotations, there has been a fairly steady market with the exception that Danish has improved in value as is usual with the approach of winter conditions whilst New Zealand'shews some weakening with the increase in production and shipment, being now quoted at 178 s against 184 - on 13th October. Messrs AV. AVedilel and Company Limited report that during the continuance of the Australian strike, buyers continued to operate sparingly, hut with the increasing arrivals due during November, any anxiety regarding supplies has passed, making forward business almost impossible. Sales of afloats have been made at Is 4.\d. Our advices are that the market should remain steady but with the possibility of some further slight decline. Alcantime there is a better demand at the present reduced market quotations. Cheese. —The cheese position is still good and although quotations arc showing an easing in price, we do not expect any very rapid fall. Certainly the heavier stocks of New Zealand cheese arriving and afloat may have a tendency to ease quotations after the recent shortage hut owing to the statistical position, we venture to believe that the market will, like but er. remain fairly steady.