ONION PROFITS.
£11,000 FROM 20 ACRES. ANTE-CONTROL PRICES. f (Special.) LONDON, Nov. 10. On .the eve of price control by the Ministry of Fowl, a profit of £ 11,00() from 20 acres of onions has been l>y a Devon farmer, ire had a crop of ten ton, a total of £12,000. His production tons per acre, wfhicli lie snld at £((0 per ton, a total of £12,000. His prod-intion costs had been some £50 an acre—a total of £1000. This d°oes not mean that farmers alone are responsible for the high price of onions in Britain. They were felling in London this week up to 1/3 a lb, against lid last venr. Many dealers hail bought the bulk of farmers' onions on forward contracts at prices under £25 per ton—just under 2Jd a II). These have been released on a market shout of supplies*, and merchants rather than a few farmers have reaped largo fortunes. Farmers will ho content if they obtain about £23 i»er ton. Even with production oosts taken at the very high figure of J £loo an acre and a erop of eight ton» per acre, they would still make a profit of £100-> per* acre.
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Bibliographic details
Auckland Star, Volume LXXI, Issue 309, 30 December 1940, Page 6
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198ONION PROFITS. Auckland Star, Volume LXXI, Issue 309, 30 December 1940, Page 6
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