CEILING PRICES

Otago Daily Times, Issue 26619, 15 November 1947, Page 8

CEILING PRICES

WHITE OATS AND BARLEY INCREASES ON LAST SEASON P.A., WELLINGTON, Nov. 14. The ceiling price for white oats for the 1947-48 season will be 4s 8d f.0.r.5.e., compared with the maximum of 4s last season. In addition monthly increments of Id a bushel will be paid for white oats sold on specified dates up- to a maximum of ss. In announcing this to-day, the Minister of Agri-. culture, Mr Cullen, said the increase was regarded as a fair assessment of cost increases incurred since the earlier price was established and was in line with the price increase already granted for wheat. In contravention of the price -order some growers had been ' selling their oats from the farm at the maximum f.o.r.s.e. price. To meet this situation it had been decided that the maximum price from the farm would be 2£d less than the f.o.r.s.e. price. North Island growers would receive Is above the South Island prices. The price of malted barley of specified varieties and of good malting and brewing qualities had been increased from last year’s price of 5s 6d ( to 6s 3d f.o.r.s.e. for the current season. The ceiling price for other varieties will be 6s. The Minister said the basic prices of 6s for inferior varieties and 6s 3d for superior varieties would be subject to the same price differentials as previously, according to the areas in which the barley is grown and the method of threshing used. The price of feed barley has been fixed at 6s North Island growers of feed barley will receive a price differential of Is a bushel.