A Fine Balance

Press, Volume CIII, Issue 30390, 14 March 1964, Page 7

A Fine Balance

TtERE was some doubt and uncertainty last year as to how supplies of potatoes would hold out, but according to the latest newsletter of the New Zealand Potato Board the year finished with an almost perfect balance of supplies against requirements. Once again says, the newsletter, the guaranteed price scheme for surplus potatoes provided stability to the market during difficult marketing periods. “Throughout the year the board was kept informed on potato supplies by the surveys conducted by the growers’ associations and by the reports of its members and officers. This information was extremely valuable as it enabled the board to put forward a firm recommendation that an application to import potatoes be declined. As the season finished with a compensated surplus of only eight tons it can be seen how dependent the board is on obtaining accurate information of potato supplies. “The marketing of the 1964 crop is now under way, and due to an increased acreage and exceptional yield in the Franklin district there could be problems ahead. “At the present the prices being received by Pukekohe growers are perhaps the lowest on record, and because of the glut conditions a demand

has not yet developed for the Manawatu - Rangiteikei crop. On the other hand reports from the South Island indicate that rain is urgently needed and so the position in the North Island may be offset later in the season by a lighter South Island crop.

“The board win be calling on grower associations to make the usual survey of acreages and estimated yields In view of conditions at the present time it is hoped that full co-operation will be again received from the associations in making the surveys.” The guaranteed prices for surplus potatoes in the South Island this, season are; Sutton and King Edward, £l4; Kaitahdin, Chippewa and Constellation, £l3; Dakota and Sebago, £l2; and all other varieties, £ll. These prices are “on farm” prices for the number one grade proportion of any surplus held by South Island growers at November 30. The levy during the current year will be maintained at 30s a ton on main crop table potatoes. “The board’s funds now amount to about £140,000. Provided there is no serious call on the funds for compensation at the end of 1964 it may be possible to reduce the levy in 1965, but this matter will not be dealt with until later in the year.”