DAIRY EXPORT PRICES

Press, Volume LXXXIX, Issue 27094, 18 July 1953, Page 6

DAIRY EXPORT PRICES

MR MARSHALL EXPLAINS VIEWS (New Zealand Press Association) WELLINGTON, July 17. “My attention has been drawn to the fact that newspaper reports of the statement which I made on returning to New Zealand are at least giving the impression that I said New Zealand may expect lower prices for the butter and cheese it exports to Britain during the 1954-55 season,” said Mr W. Marshall, chairman of the New Zealand Dairy Products Marketing Commission, today. “This is incorrect,” said Mr Marshall. “The only reference which I made to the subject in a written statement handed to a press representative was contained in a paragraph which read:—

“ ‘Because of the price increase of about 3f per cent, for the 1953-54 sea-

son, and also because of the maximum price movement clause of 7| per cent, which will obtain for the following season, New Zealand is assured of satisfactory prices for all the butter and cheese it can produce during the next two seasons, but the possibility of lower prices than those agreed for the 1953-54 season is something quite real.’ “For several reasons, I am anxious it should be clear that I have not said New Zealand may ‘expect’ lower prices, but that lower prices are a real possibility,” Mr Marshall said. “This was said only as the final sentence in a paragraph which drew attention to the fact that good prices would operate during the next two seasons.’’