WHEAT PRICE
8s A BUSHEL NEXT TWO SEASONS P.A. WELLINGTON, Nov. 11. The Government has decided to pay for the 1947-48 and 1948-49 wheat crops 8s a bushel. This was announced tonight by the Minister of Industries and Commerce, Mr Nordmeyer. “It is imperative,” said the Minister, “that the highest possible acreage should be sown in wheat next year. A recent examination of farm costs revealed that certain increases have taken place since the price for this season’s crop was fixed at 7s 4d. In the circumstances. the Government has decided to pay 8s a bushel for this season’s crop and to fix the same price for the following year. “If through unforeseen circumstances, farmers’ proved costs justify an increase beyond Bs,” he said, “such an increase will be paid to the industry in respect of that crop. I sincerely trust that this early announcement of the price will induce farmers to sow an increased acreage of wheat. This will not only be of advantage to the Dominion, but will assist materially other countries, particularly Great Britain, in their difficulties.”
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https://paperspast.natlib.govt.nz/newspapers/ODT19471112.2.61
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Otago Daily Times, Issue 26616, 12 November 1947, Page 6
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180WHEAT PRICE Otago Daily Times, Issue 26616, 12 November 1947, Page 6
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