INTERIM PAYMENT FOR BUTTERFAT

Chronicle (Levin), 3 September 1948, Page 7

INTERIM PAYMENT FOR BUTTERFAT

V BEBINGTON, Bept. 2. Priucipally beeause oJ' tlie alteration .in the rate of exchange and new con sideralions involved, ihe Dairy Pro duct-s Markeiing ( .'omniission was not in a jiosition yet lo announce a final deeision on liie iu-w season 's jiayout to dairy fanners. said Ihe cliairnian of the Commission. M r. William IMarshall, wlic-u addressing Ihe Dominiou Dairy Coisferenee. In the nieantime, however, so that normal Inisiuess eould proceed, the Commission luul deeided to lix the advanee price. This would be Ihe same iigure as last season 's guaranteed price. WluiitOMt'-r .urtkjusl meiil 'there niight be, would be made laler. Payinents to dairy eoiupunies would be made mean vvhile at last year's guaranteed price and he suggested that dairy compatiies ado[it Ihe same principle in paying suppliers. If there was any change to he made under the Commission 's liuai deeision, it would be iiicluded by way of a supph lueulary payment. Bater Mr. Marshall said the Coituiu's siou had lioped to be able to announce its deeision by novv but maiiy nevv faetors liad arisen vvitli Ihe alteration in the exehange rate. The nevv price for fertiiiser just annouuced by the Minister of Agriculture, was oue of liiese. To a meniber of the conl'ercnce wlm ished when Ihe linul deeision eould lie expect ed and wliether the producers eould take it that they would not re eeive less ilian last season 's price, jMr. Marshall said the deeision niight be a malter of only a week and it niight be longer. "I niu not prejiared to say Ihul Ihe price will not bc reduced from last year's. Iigure,"- he said, ''but 1 have had oue experionce of reclainaLious and I hope 1 will never lie blametl for niaking lltem." luist season 's guaranteed prices whieli, in aecordanee with Mr. Maruhall's ajinouneemen t, will be in the meanliiiie Ihe ruling rates for the new 'season. were: Pinest butter 25.907d, lirst grade c'>e.ese 27.!j07d.