N.Z. To Pay Much More For Australian Wheat
Received Tuesdav. 10.40 a.m. MELBOURNE, March 1. New Zealand has bought 2,500,000 bllshels of Australian wheat at 15s per bushel to be delivered between June and December. The general manager of the Australian Wheat Board, Mr. C. J. Perrett, said that delivery in the last part of the year had been specified because foi* the first half of the year New Zealand would be getting wheat under the present agreement at 5s 9d a bushel, where - as the new price was thaf ruling in the world market. . The bld agreement had met with great criticism, said Mr. Perrett, as the wheat growers received market rates, the Australian Government paying them the difference between 5s 9d and the ruling world price. The agreement operated from 1945 until June of this year.
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Chronicle (Levin), 1 March 1949, Page 5
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138N.Z. To Pay Much More For Australian Wheat Chronicle (Levin), 1 March 1949, Page 5
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