THE DAIRYING SEASON.

Shannon News, 30 September 1924, Page 3

THE DAIRYING SEASON.

FIRST REPORT ON PROSPECTS. Messrs A, H. Turnbull and CO., forward, their first report on the current dairying season us follows: All dairy produce factories nave now made; a start on the new season's make and we wish them all success in their work. Whilst. Jte North Island has been backward through cold anU wet weather there is, ample feed. Production is increasing rapidly' and overtaking last season. The'sou;. Island, qn the other hand, is undergoing one of the dryest Springs for

many years and unless good rains are experienced this month the prospects for early feed and crops must be poor. Both sheep and cattle are already suffering and the milk production is far below normal.

Rutter.—Owing to continued buying on the part of Germany, principally from Denmark, there is again a short supply of first class butter on the London market and prices for New Zealand rose tol as high as 210/-, easing off slightly to 208/ 7 , hut agam advancing last week to 212/-, at which figure there is still a firm demand. Large quantities of Siberian. butter, however, continue to arrive in the United Kingdom and as the quality of this make is improving it must be counted as a serious rival. Australian and Argentine reports are favourable and supplies should, shortly arrive in the United Kingdom when we must expect an easier market. Forward'f.o.b, buyers are not keen, •but offers of Is ?£d August, Is ?< September make haye been available recently. Cheese.—Large stocks of Cheese have been held in Canada and are now arriving on the London market causing a slight easing of prices, last week quotations being 92s to 94s for white and 91s to 92s for coloured, equal to approximately 8d to. B|d nett i'.o.b. New Zealand. A few forward buyers were operating at B£d but have now withdrawn. The following are the top weekly quotations for butter and cheese on the London market:— Aug. 8 22. Sept. 5 19 Danish butter 204/- 216/- 212/- 224/N.Z. unsalted - N.Z. salted ... 196/- 210/- 208/- 212/Cheese, White 98/- 96/- 95/- 94/Cheese, o(ol. 92/-94/- 92/- 92/The following, statistics wifi, . we think, prove of interest:— BUTTER. 1922 1923 1924 Cwts. Cwts. Cwts. N.Z. shipments in Aug.— 18,000 14,0000 22,000 Shipments 12 mths to Aug. 31 890,000 1,189,000' 1,567,000 Gradings for August 41,000 41,000 38,000 Gfadings 12 mths to Aug. 31 — i 1,035,000 1,256,000 1,234,0001 Butter awaiting shipmentr- j 27,000 34,000 44,000