MAIZE CROP PRICES

Evening Star, Issue 23699, 5 October 1940, Page 15

MAIZE CROP PRICES

INCREASED ACREAGE DESIRED [l’kk United Pkkss Association.] WRUUNGTON, October 4. In a statement to-day the Minister ot Marketing, Hon. W. Nash, dealt with the question of prices tor locally-grown maize. “In order to encourage production, Mr Nash said, “ and stabilise the market m the interests of the growers, it has been decided, after consultation with the Minister of Agriculture, Mr W. Ueo Martin, that the prices to ho paid for the 1941 maize crop will be fixed prices arranged upon the same basis as that ruling for 1940. These prices are (all f.0.b., s.i., Gisborne): July shipment, 5s 6d; August, 5s 8d; September, 5s 9d; October, 5s 10d; November, 5s lid; December, 6s; January to June, 1942, 6s. In the case of supplies drawn from the Bav of Plenty, Wairoa. and Hawke’s Bay. I lie above prices will be increased by 3d per bushel, f.0.b., s.i., or on 1 rucks, as Ihe case may he. It is expected that such basis will prove, remunerative to the grower, and it is therefore hoped that the arrangement will result in the planting of a substantially increased acreage of maize. Increased local production of maize will render nnporl a: i'.ns unnece-sc y and thereby assist in ‘safeguarding sterling funds.”