H.—3o.

PROCESSED MILK. For the 1941-42 season contracts were concluded with the United Kingdom Ministry of Food for New Zealand's normal export of skim-milk powder and evaporated milk. Sale prices were : — Skim-milk powder .. .. .. .. £36 ss. per ton sterling f.o.b. Evaporated milk .. .. .. 19s. 9d. per case sterling f.o.b> The equivalent of these prices in New Zealand currency was paid to manufacturers, less § per cent, to cover the Department's administrative expenses. The quantities and values exported by the Department for the twelve months ended 31st July, 1942, were :—

PAYMENTS MADE BY DAIRY-FACTORY COMPANIES FOR BUTTERFAT-SUPPLIES. The following tabulation shows the average butterfat-prices paid to suppliers of butter- and choese-manufacturing companies. It should be borne in mind that when making comparison of butterfat payouts of companies it is necessary to take into consideration the location of the factories and special circumstances pertaining to individual companies, as those factors reflect appreciably on manufacturing and transport costs: —

Payments by Dairy Companies for Butterfat-supplies.

The following tabulation shows the average costs of butter- and cheese-manufacturing companies for the 1941-4-2 season. The New Zealand averages for the five previous seasons are also shown; —

Season 1941-42: Costs in Manufacture and Delivery of Butter to f.o.b. Overseas Steamers

Season 1941-42: Costs in Manufacture and Delivery of Cheese to f.o.b. Overseas Steamers.

2—H. 30.

9

Cases. Weight. Value. Tons. £ Skim-milk powder .. .. 94,933 4,746 214,007 Evaporated milk .. .. .. 124,590 2,670 153,440 Total .. .. 219,523 7,416 367,447

(In pence per pound of butterfat.) Season 1936-37. Season 1937-38. Season 1938-39. Season 1939-40. Season 1940-41. Season 1941-42 Butter. Cheese. Butter. Cheese. Butter. Cheese. Butter. Cheese. Butter. Cheese. Butter. Cheese. New Zealand average 13-55sj 15-176 14-812 16-389 16-087 18-060 16-179 18-091 16-106 18-043 16-017 18-025 I '

(In pence per pound of butterfat.) W) _Q d *G • ® flSn •• ® TJ. a .2 5« i a S So 2 s «© — li if 1 if b il is i? S | |l Sf «« a P « a r « pq _ . New Zealand average— • 1941-42 season .. .. .. 0-438 1-091 0-091 0-064 0-409 0-213 2-306* 1940-41 season .. .. .. 0-405 1-023 0-077 0-063 0-437 0-192 2-197 1939-40 season .. .. .. 0-398 0-977 0-084 0-063 0-418 0-187 2-127 1938-39 season .. .. .. 0-402 1-019 0-085 0-098 0-394 0-208 2-206 1937-38 season .. .. .. 0-381 0-953 0-075 0-076 0-384 0-178 2-047 1936-37 season .. .. .. 0-352 0-927 0-072 0-088 0-398 0-147 1-984 " * Butter-manufacturing costs for the 1941-42 season were increased owing to diversion of milk-supply from butter-manufacture to cheese-manufacture. Compensation payments were made to dairy companies on this account; see pages 7 and 8 of this report.

(In pence per pound of butterfat.) I ! • * ~ Manu- Repairs Charges: „ , . ~ . ■ faeturing Depreciation. and Factory to . ,,, or e!U «r° Charges Maintenance. f.o.b. Char S es - Char « es - New Zealand average — 1941-42 season .. .. 2-372 0-141 0-170 0-647 0-270 3-600 1940-41 season .. .. 2.323 0-144 0-184 0-620 0-258 3-529 1939-40 season .. .. 2-259 0-148 0-180 0-624 0-299 3-510 1938-39 season .. .. 2-289 0-157 0-203 0-617 0-326 3-592 1937-38 season .. .. 2-151 0-141 0-166 0-589 0-290 3-337 1936-37 season .. .. 2-056 0-134 0-146 0-577 0-226 3-139