PURCHASE OF WHEAT

Hokitika Guardian, 24 April 1929, Page 1

PURCHASE OF WHEAT

PROTEIN CONTENT THE

CR ITER I ON

AUCKLAND. April 22.

The American system of buying wheal according to ils protein content Inis impressed Mr Andrew S. l'leining. of Fleming and Co., Ltd., Gore, who returned to New Zealand on the Aorangi last evening alter a business triii to the United States and Canada.

•‘Wheat Inlying, and consequently wheat milling;, have been pul on a more .yieiii die basis by this system, lie said. ‘-There is a proper schedule of basic and when delivery is made and the pr.nluct analysed a premium is paid mi the protein content.” One mill lie visited made an analysis of its Ilnur and each hatch was given a guaranteed content. after which the price was lixi d so as to assure a certain margin ol prolit. j Mr Fleming said that the system was being investigated in New Zealand by the Research Department of toe Government, and there was a possil.jlilv ,>f it being introduced here. He was satisfied. that it would improve milling ooiidil ions. It was \ei v evident. he added, that the milling biisi-ne-s iii America was suffering from over product ion. and Canadian mills were s; ,j,| to lie making nothing because of competition from the .United States. Jn some eases tarilf regulations were being overcome by milling wheat under hmid and shipping through Canada to Great JJritaTh.