FUTURE PRICES

Dominion, Volume 12, Issue 1, 26 September 1918, Page 8

FUTURE PRICES

f DAIRY PRODUCE. . I At'-tihe annual meeting of the New Zealand "Dairy Association, held at Hamilton, Mr. H. E. Pacey, dealiug ivith the subject of the prices that are likely :'to rule in the future, said that in'view,of the doubt still existing in regard- to. last season's payments it seemed vain to forecast the future. Ho f.'ai'.'pi opinion, however, that higher prices'should bo paid for both butter m 4 cheese. In view of the rates being paid by the Imperial authorities to )ther •countries, aud to the greatlyiuireased cost of production, higher pay-.'aents-than last season's were jnstined. tn Tespect to storage and shipping, Mr. t'acey said that the stores of the Auckland province nour- contained about the same quantity as they held at this pericfii last year. There Bad not been i loading of butter at Auckland for Britain for between ' four and five Months, but a shipment should ,be ihadiin-the near"future, and this wouH jelievethe congestion somewhat. Soni'e jnohths would probably elapse before iasji. season's accumulations wore' clearjd.'' The Farmers' Freezing Company Ivas meeting its, responsibilities in regard■': toi stora'go courageously, and the ixtensive additions to the works at iincklandy Southdown, and Horotiu low;being; carried out would increase ;he margin of safety.