MARKETS IMPROVE

Waikato Times, Volume 119, Issue 19878, 6 May 1936, Page 11

MARKETS IMPROVE

®i SALES IN WAIKATO. e ' 3 FAT SHEEP IN KEEN REQUEST - ! IMPROVING TENDENCY FOR PIGS. 1 ! j 1 Fat oattle are on offer In Inoreased numbers with a strength- _ enlng tendenoy In the market. ’ Store cattle are shown In av- . erage numbers with late quotations maintained. Heavier entries of fat sheep are forward at the majority of centres and the Improved market of last week Is well held. Store sheep continue In keen request. Both porkers and baconers aro dearer at all Waikato centres. A blighter tone has characterised the Waikato stock markets during the • past week, a forward tendency being evident in all sections. With the winter season well advanced, cattle are coming forward in increasing numbers and the yards are being taxed to cope with the extra supplies. With only a small volume of business being handled in the store sheep s&ction, the ‘ weekly store sheep sales at Frankton ; are being discontinued and the stores are being sold in conjunction with the ordinary Tuesday sale. The activity at the sale yards is being maintained j with the sale of dairy cattle and t lie large covered pavilion at the Morrinsville yards has been in operation for the past fortnight, while larger numbers of dairies are now being handled at the central yards. Wet and cold conditions have interfered with fattening and lambs have been detrimentally affected, but a favourable schedule is still benefiting farmers, and apart from paddock transactions, keener values arc being obtained at the selling centres. With the dairying season finished, farmers have had the opportunity of sowing land down to pasture and to carry out autumn top-dressing programmes. The most recent herd statistics released by the New Zealand Herd Testing Association convey an illuminating indention of how the dairyfarmer has been favoured this season in comparison with last year. The average for cows throughout the Waikato was 5471 b. milk and 27.861 b. butterfat for the month of March tn comparison with an average of 4821 b. milk and 25.261 b. fat during the corresponding month last year, an Increase of 651 b. of milk and 2.61 b. butterfat. A feature of the statistics issued this year has been the decreased numbers of cows tested, the only unfavourable feature of the herd testing statistics this season. Payment to Cheese Suppliers. There is apparently a consensus of , of opinion in the dairying industry that suppliers to cheese factories should receive a higher premium in comparison with butter than that which has been indicated. From the remarks made by the Minister of Fin- ] ance at the Wellington dairy conference it was upparent that the differ- ) ence between the respective prices for ' butter and cheese would be ,86d per ! lb. It has been shown that the mar- ] ket position of cheese over the past several years warrants a greater difference being paid and it is argued 1 with all reason that unless there is a differential payment of at least lsd 1 per lb. in favour of cheese over butler there will be a swing-over from ] cheese factories to butter factories. During the last season cheese sup- , pliers have received a preferential pay- , ment varying from Id to ijd per lb. J and it was naturally anticipated that they would continue to obtain a similar preferential margin, under the guaranteed price scheme. Delegates at the recent conference in Hamilton showed themselves strongly in favour 1 of the resolution passed at the Well- 1 ington conference to the effect that : the difference be lid. ■ Beef Slightly Stronger. The most pleasing feature of the : weekly sale at the central yards yes- ’ terday was the stronger tone for beef, although there was no substantial, al- j teration in lale quotations. Buyers j i continued to show preference for the 1 small, compact type of bullock as against the heavier sorts and a keen ' sale was experienced for all light to 'medium sorts. There was very little I to attract buyers in the cow and heifer beef section where the demand, however, throughout was brisker, competition coming principally from local butchers. A healthier tone was apparent at the Morrinsville yards last week, while there was also a strengthening tendency at the weekly sale at , Westfield. | Fat Bheep Improve. No difficulty has been experienced ' in maintaining the improved tone set ! for fat sheep last week and vendors ] have experienced very satisfactory j sales during the past week. Fat lambs have been particularly buoyant, and the improved quality of Ibis class recently has further stimulated competition. Both welhers and ewes { have received keen competition from export buyers and butchers and steadysales at full late quotations are reported from all centres. A keen trade, is still experienced for any breeding ewes that might be offering, while al Ihe Morrinsville yards lasi Friday a) keener demand was shown a smalT entry of store lambs. Pigs In Keen Request. The market for porkers is losing signs of its former stagnation, and a better demand Is shown at all yards, | Baconers have continued sharp of sale and at the central yards yesterday 675, the best price recorded in the Waikato i this season, was obtained on several occasions. Stores have been generI ally dull of sale with a stronger tone | apparent at some yards. j Jersey Cheltenham Sale. Several Waikato buyers were preI sent, at the annual dispersal of I lie I •* Waipiko ” Jersey Stud, Cheltenham, | the property of Mr C. G. G. Dormer. : The average over oil for the 72 lots offered, including two-ycar-old licif- ! ers, aged cows and two-year-old bulls, j was 30gns. The sale was conducted by Messrs Abraham and Williams LimI ii'cd.