PIG MARKETING

Bay of Plenty Beacon, Volume 08, Issue 89, 13 July 1945, Page 7

PIG MARKETING

THE N.Z. ASSOCIATION With a turnover including that of its subsidiaries, of over for the past year, the New Zcalfnd Co-operative Pig Marketing Association Ltd. in recent advices to its shareholders makes the following observations regarding its activities for the year ending May 31 last: — Altogether some 13(5,000 head of live stock were received on owner's account for a total hooks weight of 2(5 (545 OOOlbS'. Of this volume pigs accounted for bobby calves for 32:3 000 and cull cattle for (5000. The accounts disclose a surplus for distribution on pigs by way of final payment to its suppliers of £33 944 the surplus available on bobby calves and cattle for the- past year having already been distributed. The subscribed capital of the company stands> at £55,000 and is paid up to £30,000. Tiie past season has been notable for the trend for increased, production of baconer pigs # including a rise in the average weight slaught-* ered.. There was unfortunately a corresponding fall in the number of porkers killed, while overall pig production has again shown a further substantial fall on the previous year'sfigures. Although the opinion is expressed that when the war demands for bacon and ham in the Pacific come to an end; there is likely to be a swing back to jjorkcrs to meet the ready export demand, the company is opposed to any organised attempt to rationalise jjroduction in favour of either class and favours a gradual adjustment for post-war needs' according to current market iniluences. Any other course it is states could rebound to the prod u eers' d i sad van t age. The company is holding its Annual Conference of Shareholders in Auckland on July 31 and its Annual Meeting on August 1, to Avhich every district in the North and South Island has been invited to send representatives.