DETAILS OF BUTTER AND CHEESE PRICES

Chronicle (Levin), 2 July 1949, Page 5

DETAILS OF BUTTER AND CHEESE PRICES

WELLINGTON, July 1. The dairy produce prices agreed Trpon are 252s 6d ( stbrThxg) per hundredweight f.o.b. for butter and 141s 6d (sterling) per hundfedwejght f.pffi. fo cheese. The preseht, pripes are 235s ( sterling) per hundredweight f.o.b. for butter and i33s (sterling) per hundrpdweight for cheese. Thq new prices th,erefore represent an increase of 17s 6d (sterling) per hundr,e,4w,eighf fpr bqtter and 8s 6d (sterling) per l|findrp)r weight for cheese. Other terms and conditions under the long term contract reprain . Ufiehanged, Milk Powder Contract. The Commissiqp'^ , representgtivp§ also discussed with the Ministry of Fpod the question of long term con- . traets for the sale and purchase of the l exportable qurplqa mjJJf pqw40F3 hfld

under the ggreement now reached, thf Ministry of Food undertakes to purchase agreed poreentages of the exportable surplus of buttermilk -powder anrl ■'skimmed roller milk powder from par,itieipating dairy factories, for a six- ( year period from August 1, 1949, untp j July 31, 1955. Further details will be announced follpwing the return to New Zealand of the Commission 's representatives in' about a week 's time. It may be said, how.ever, that the arrangement is generally in accord with Sroposals which the Commission and Tew Zealand Dairy Board placed before dairy factories for consideratiop in April last. * Minister Pleased. ."It is very gratjfying indeed," saijd the Mipister of Agyicultgre, Mr. Cujlen, "that it has been possible tpreach agreement on prices for the coming season at the maximum level allo\yed by the contract. The existenee qf the long term contract has given New Zealand farmers an assuranee that they can plan for inereased meat productiq'n in the knoAvledge ; of a secure markef, This latest increase in price will, I am sure, be an added stimulus to' farmers to prqdnee additional meat qf which the United Ivingdom stands in such ufgent need. "