THE DAIRY MARKET OUTLOOK.

Taranaki Daily News, Volume L, Issue 60, 26 August 1907, Page 2

THE DAIRY MARKET OUTLOOK.

(Contributed.)

f As business in the new season's produce is now about commencing, to tnose i connected with the industry the chief 3 question is, "What arc the prospects of - supplies, and prices?" Butter: It may first be interesting to I see the relative proportions contributed r by the Australasian colonies, by Den- - mark and by Russia, to the total imports 3 into the United Kingdom during the . nine months,. Septeinber-Alay (inclusive), r which now virtually comprise the colonial butter season. i The Board of Trade returns show a . lotal import for that period of 3,204,283 i, cwts, out of which was contributed by [ Australia 613,704ewt5. • :• Sew Zealand , 278,200cwt5. Uemnark ..... .. .. ... 1,300,425cwt5. Russia .. ...... .. 408,500cwts, 1 There is now practically no break all 1 the year round in shipments from the s AnLipodes, as in June-August, 1006, ' 72,337cwt5. were landed ex Australasia. > In considering the prospect of prices ' we first compare the position to-day '■ with that of last year. From the Lou--1 don prices current in September last, ; 112s to 118s c.i.f., and the keen convpeti- ; tion for purcha'se of supplies here, it is 1 manifest that could storage stocks were ■ then at a minimum. Writing on July 12 last, one London firm says: "We cs- ■ Innate present stocks of Australian butter in cold stores at 175,000 boxes, which must be cleared before the new season's , ; arrival, not to speak of Siberian and r other sorts," and as the trade during t the autumn months runs more upon the j Home and Northern Hemisphere supt plies, these stored stocks would be augl iiiciited by late Australasian arrivals, so . lhat to-day considerably over 200,000 ( Ooxes are now held on storage; and this coupled with Agent's-Ueueral cables of I present vume) ma> aimm t]i&i oncnij) g prospects are not as good as last season, | Hew Zealand exports to United ICincri . dom approximately UOO.OOU boxes; tho , quantity in store therefore represents! about one-third of our export. It must : be admitted that prices paid for last 1 season's output did not represent the in-! trmsio value of the article, but this is! more nearly guaged by the results real-! wed by consignments, the best of which! «as a fraction over lud f.0.b., and a earelul calcu atioa of last season's shipments I -ondon market to have averaged 10' Ad' landed terms, or practically 10d fob ' ' of cheese y. butter, the following re-'i ! ™ hOU Sk probably too late for ti s N seasonare well worth the consideration. , of lactones. In rC pl y t 0 Bomc *■ unapproving of the contemplated chan£■ ' ntos your remarks concerning the C idea of turning on to cheese are indeed: i - As soon „' tinned meats come into favor again wei nay see cheese drop to an unremune a l tive figure. When it can be retailed at l M per lb it is very popular, and much ); in demand but workingmen's'wives look at it in this way: At fid per pound Ley TJ? 2lbs , for l8 > this* sum ■ they a lot to such a provision. When k get iy a lbs for their Is, and they snend ' latum of 40 millions, the far greater J 1 proportion being comparatively ■ foox in these islands, it is not very diffi-ult o estimate what a difference the"! The ' t«'cen consumers' demands of IV I' I fZl't JS "Sain* 21bs pe / t

ft «b per cwt. means Oy,d per lb. who csale cost, so that when the wholesale dealer and the retail sopkeep ei- make on y a trifle out of ft, the cost t,Y 0 ! kng msm k such that lie can no alTord to buy 21bs.» This is in T It J, hg }} P nees dle <* <lomand As regards supplies, the consensus of onm ion see mg to be v htoC vier than last season. Apart from t£ n rg c C o.rr ity °/ hmJ « ° ', coKI stoi 'os, Argentine supplies will shown an increase, though not at ft" »J»V«te M for the 1,5t few vea« Siberia wm also increase, and Austra-' Iwn supplies already shovahrZ! crease On the other\tu Ca na fw i most probably show a l„m e fallin* off '"^tter.butann.ehla^inc 1 fell ehcese, and New Zealand" will al 0 add her quota t<n„creased chccSß supplies her decency i„ butter being coZeCa-' ted m above increases. u,u P™sa