BUTTER FAT ADVANCE PRICE SAME AS BEFORE

Grey River Argus, 3 September 1948, Page 4

BUTTER FAT ADVANCE PRICE SAME AS BEFORE

Dairy Board’s Announcement P.A. WELLINGTON. Sept. 2 Principally because of tne alteration in the-rate of exchange, and Ox new considerations involved, rhe uairy x-roaucua Marketing commission was not in a position, yet. to announce a final decision on the new season’s pay-out to tne dairy farmers, said the cnairman oi the commission, Mr William Marshall, addressing the Dominion Dairy conference.

In the meantime, however, so that normal business could proceed, tne commission had decided to tix an advance price. This would be the same figure as last season’s guaranteed price. Whatever adjustment there might be, wouiu ne maue later, r-ayments to ’ the Dairy companies would De maae meanwnile at last year's guaranteed price, and he suggested that the Dairy companies auopc tne same principle in paying their suppliers. If tnere was any change to oe mack uiiuer tne commission s imai decision, it could be included by way or a sup pitmcmary payment iater. Mr Marshall said that the Dair> Conimisdion nud noped to eo able to announce its decision by now, but many new ractois naa arisen with an alteration in the exchange rate. The new price for fertiliser just announced by me Minister ot Agriculture, ivii Cullen, was one of these. To a member of the conference, who asked w’hen a final decision could be expected, and whether the producers could tane it that they would not receive less than last season's price. Mr Marshall said that the decision might be a matter of only one week, ana it might be longer, "i am not prepared to say that the price will not oe 'reduced from last year’s figure,” he said, "out I have had one experience of reclamations, and I hope, I will never be blamed for making them.” Last season’s guaranteed prices which in accordance with Mr Marshall's announcement will be ini the meantime, the ruling rates for the new season were: — For butterfat: For finest butter, 25 decimal 907 pence per lb for butterfat. . For first grade cheese: 27 decimal 907 pence per lb for butterfat.