DAIRY PRODUCE.

Taihape Daily Times, 8 October 1918, Page 3

DAIRY PRODUCE.

Directors of clieoso and butter factories as well as milk suppliers are now on tenterhooks i n expectancy of the early announcement of the prices at which the Imperial Government proposes to requisition their produce. The matter of finding storage in ease c 4 delayed is of rather lesser moment just now than the question of finance. Suppliers will of course, be looking for returns before the end of the Current month, and they no doubt wish now to make arrangements contingent upon what they will receive. For the time being they can move neither backward nor forward. So far as butter is concerned 196 s per cwj., without participation in any profits made by the Imperial Government was asked, and for cheese 10 5-Sd to 10fd per pound was the price offered. Various speculations have been made locally as to what the actual prices will be, but it does not appear to be generally held that butter will be purchased at above 16Ss and from 176 s to 178 s is an estimate made by a number of people who ought to know something about it. The opinion that cheese will realise id to 5-8 d more than last year. —lOd per lb, —i s fairly generally held. The price paid by the Imperial Government for butter last season was 157 s per cwt. to which has now to be added “profits” remitted by the Imperial Government and estimated to amount to an equivalent of 17s or 18s per cwt., making a total of say 175 s per cwt. Inquiries have it is understood, been made on behalf of the Imperial Government to ascertain producers ’ exact ideas of values. —“Post.”