PRODUCE PRICES

Hokitika Guardian, 11 October 1932, Page 3

PRODUCE PRICES

REVIEW OF MONTH. 7 ' \ ' BUTTER. - . During the month? the market has remained comparatively? steii&V'. With no very great fluctuations for finest New Zealand hut towards the end of ■September, ' the !priee . obtainable for; first grade declined somewhat and at the.'.present time, there is a considerable premium for finest, owing to a ■shortage of finest butters. The ..arrivals during October will be light and we expect the market to remain steady during the month, but with the heavy arrivals in November, it will he doubtful whether the present levels will be maintained. . ' < During the month,, both France and Germany increased their quotas of forejgn butters this has helped to keep the .market steady.' Forward buyers are showing 'very little interest at th e present time, chiefly for the reason that ‘‘Kangaroos' ’ are being offered for October .shipment at 94s per cwt. Cife. ohef.se; The cheese market has remained fairly firm, and the big premium. for white cheese is still being maintained. Although there were, a few buyers for e-rlv season’s make at as high lisfijd early in the month,' buyers seem to have, withdrawn and generally speaking, there is iiot very much confidence in the future position of eheebe. The spot stocks are still light, lmt buyers' seem to be nervous ns to how . the market will move , when the heavy arrivals of new season’s 'Southe-i) Hem-fo-ihere c)iee-e begin to reach the market. , ■ : .. ..