(Concluded from [front page].)
the shifted seasonal trend of England’s butter imports, for if the imports follow the same seasonal trend in 1922 as during the period from 1917 to 1921 England had already received at the end of June two-thirds of that country’s foreign supply for the present year.
During the first fire months of 1922 England received 60,000,000 lbs. from Denmark, compared with 48,000,000 lbs. during the corresponding period of 1921. Danish exporters in recent years have scattered their exports to various other countries, and while not so dependent upon England for a market as previously, could at any time take advantage of any favorable offer from their long-established British trade. The flush of the butter production in Denmark was reached this year by June 1 and the competition met in the English market is now not so largely European as formerly, which doubtless leaves Denmark with some seasonal advantage.
The prospective demand for butter in England during the rest of this year depends largely, of course, upon the consumer’s purchasing power.
| MILK POWDER REPORT FOR JULY. | ||||
|---|---|---|---|---|
| Manufacturers’ Stocks of Powdered Milk. | ||||
| Whole milk powder. | Skimmed milk powder. | |||
| Case goods. | Bulk goods. | Case goods. | Bulk goods. | |
| Total stocks,[[12]] July 1: | Pounds. | Pounds. | Pounds. | Pounds. |
| 1921 | 393,090 | 854,980 | 245,481 | 11,039,889 |
| 1922 | 110,434 | 1,269,262 | 194,479 | 7,484,849 |
| Unsold stocks,[[13]] July 1: | ||||
| 1921 | 393,090 | 128,980 | 245,481 | 8,016,419 |
| 1922 | 110,434 | 538,588 | 133,101 | 3,341,739 |
| Wholesale Prices of Skimmed Milk Powder During June, 1922. | ||||
| [Cents per pound.] | ||||
| Case goods.[[14]] | Barreled goods. | |||
| Geographic section. | Range.[[15]] | Bulk of sales, fresh goods.[[16]] | Range.[[15]] | Bulk of sales, fresh goods.[[16]] |
| New England | 33 | 33 | 7½–11 | 8 –11 |
| Middle Atlantic | 15–33 | 15–33 | 7 –11 | 7 –11 |
| South Atlantic | 33 | 33 | 7¾–11 | 8½–11 |
| East North Central | 33 | 33 | 6¾–11 | 7½–11 |
| West North Central | 33 | 33 | 6 –11 | 8 –11 |
| South Central | 33 | 33 | 7¾–11 | 9 –11 |
| Northwestern | 36 | 36 | 5 –12 | 5 –12 |
| Southwestern | 20–36 | 20–36 | 6½–12 | 6½–12 |
Prices of other powdered milk products ranged as follows: Whole milk powder, 30¢–58¢ per 1–lb. can for case goods, and 22¢–28¢ for goods packed in barrels; dried buttermilk 10½¢–12¢ for case goods, and 3½¢–11¼¢ for goods packed in barrels.
Skimmed milk powder for export trade was reported sold at 10¢–11¼¢ per lb. f. a. s. Atlantic seaboard, and 7½¢ per lb. f. a. s. Pacific seaboard.
| Exports of Powdered Milk During June, 1922. | |
|---|---|
| Destination. | Pounds. |
| France | 23,023 |
| Germany | 361,110 |
| Norway | 1,500 |
| Netherlands | 227,400 |
| United Kingdom | 86,200 |
| Canada | 2,898 |
| Newfoundland and Labrador | 1,974 |
| Panama | 3,009 |
| Mexico | 26,469 |
| Cuba | 1,670 |
| Peru | 4,442 |
| Venezuela | 4,010 |
| China | 46,265 |
| Hongkong | 5,000 |
| Japan | 21,090 |
| Philippine Islands | 695 |
| Other countries | 5,870 |
| Total: | |
| June, 1922 | 822,625 |
| June, 1921 | 733,577 |
| Jan.-June, 1922 | 4,610,082 |
| Jan.-June, 1921 | 2,735,869 |
Canada’s Storage Stocks of Butter on July 1 Below last Year.
The quantity of creamery butter in storage throughout Canada on July 1 was 10,178,891 lbs., while that of dairy butter was only 426,671 lbs. Comparative figures show this to be a decrease of 34% in the case of creamery butter and 18.83% in the case of dairy butter from the amounts held in storage on the corresponding date last year.