WHEAT PRICES.

Auckland Star, Volume LXVIII, Issue 46, 24 February 1937, Page 11

WHEAT PRICES.

AN ADVANCE OF 7D.

FARMERS TO BENEFIT.

INCREASED PLANTING URGED,

(By Telegraph.—Fress Association.) I CHRISTCHURCH, Tuesday. I The Wheat Committee met in Christchurch to-day and fixed the initial price for buying 1937 wheat. These prices are 7d a bushel above the initial buying j J prices paid last year. They will be ■ j subject to a further payment at the end j of the season. The Wheat Committee hopes growers I will increase their acreage for the i coming year, and some scheme whereby ; these increased acreages will be sown ■ is now under consideration by the committee, and the Minister of Industries and | Commerce, the Hon. D. G. Sullivan, hopes I within tho next day or two to make a I statement in regard to the whole question. Range of Prices. The following tables set out the buy- | ing prices for 1937 f.a.q. milling wheat. , Sacks in all cases are extra. I For all f.a.q. milling wheat grown in I the South Island north of the straight ; line drawn from Waikouaiti to (Queenstown, except for wheat in tho LuggateArrowtown districts.—January: Tuscan 5/, Hunters 5/2, Pearl and Velvet 5/4. February, 5/, 5/2, 5/4. March: 5/, 5/2, 5/4. April: 5/1, 5/3, 5/5. May: 5/2, 5/4, 5/0. June: 5/3, 5/5, 5/7." July: 5/4, 5/6, 5/8. August: .*>/■}}, 5/tH, 5/8 - September: 5/5, 5/7, 5/9. Buying prices for Dreadnought are the same as for Tuscan. For Webb's Harvester and Goldberrv they are 2d less than for Tuscan, and for Cross 7 they are the same as for Hunters. For all f.a.q. milling grown in the South Island south of the straight line drawn from Waikouaiti to Queenstown, except for wheat in the I-uggate- Arrowtown districts.—January: Tuscan 5/, Hunters 5/2, Pearl and Velvet 5/4; February: 5/, 5/2, 5/4; March: 5/. 5/2 '5/4; April: 5/, 5/2, 5/4; May, 5/1, 5/3, 5/5; June: 5/2, 5/4, 5/C; July: 5/3, 5/5, 5/7; August: 5/4, 5/0, 5/8; September: 5/4J, 5/tH, 5/S£; October: 5/5, 5/7, 5/9. Buying prices for Dreadnought are the same as for Tuscan. . Those for Webb's Harvester and Goldberry twopence lew than for Tuscan, and for Cross 7 the same as for Hunters. All the above prices are per bushel, f.o.b. growers nearest the port. ■ For f.a.q. milling wheat-grown in the North Island.—January: or equivalent quality 5/8, Hunters 5/10, Pearl B/; Jumbuck 5/8J; February: 5/8, 5/10, 0/, 5/8 i; March: 5/8. 5/10, <>/, 5/B,}; April: 5/9. 5/11. 0/1, 5/<U; Mav: 5/10, «/. 0/2. 5/10J; June: 5/11. 0/1, 0/3, 5/11 J: .Tnlv: 6/, 0/2. 0/4. 0/01; August: G/OJ, 0/21, 0/4J, 0/1; September: 0/1. 0/3, 0/5, o/n. The above prices are prices per bushel delivered at the grower's nearest siding, or at any of the following mills:— Manawatu Mills, Palmerston North; Hooder and Tolley, Feilding; Henderson Bros., Mart on; Wakelin Bros., Carterton; Southern Cross Biscuit Co., Wanganui.