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FARM INCOME UP 4 P.C.

Estimates For 1962-63

Gross farming income in 1962-63 rose £26.6 million to £326.4 million and the corresponding volume index rose 4 per cent, according to the Government Statistician (Mr J. V. T. Baker). “A favourable increase in prices, notably for wool, mutton and lamb, together with a rise in production made 1962-63 a very good season.” he says. This year’s compilation of gross farming income departs from the three-division classification that has been used by the Department of Statistics for many years. Instead of using the grouping, “agriculture,” “dairying, etc.," and “pastoral.” the seven groups are now: grain and field crops, horticulture, poultry and bees, wool, mutton and lamb, beef, dairying, and pigs. “It is felt that this new commodity classification will be of more significance and of greater practical value in this field of statistics,” Mr Baker adds.

Pacific Routes.—The Civil Aeronautics Board has awarded Pan American Airways a route between California and New Zealand and Australia, via Tahiti.—Washington, November 13.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19631114.2.30

Bibliographic details

Press, Volume CII, Issue 30288, 14 November 1963, Page 5

Word Count
167

FARM INCOME UP 4 P.C. Press, Volume CII, Issue 30288, 14 November 1963, Page 5

FARM INCOME UP 4 P.C. Press, Volume CII, Issue 30288, 14 November 1963, Page 5