Butterfat Price
Sir,—Problems facing the dairy industry can be attributed to the 1956-1958 £4O million loss and also to the inability to regain the price levels operating before this period. Consequently there has been sacrifice. Taking the six years from June, 1958. to June, 1964, a reduced amount of £1.5 million yearly going to the account means a loss of £9 million for butter sold in New Zealand. Could this be regarded as a set-off in relation to the claim of £3 million? The Australian counterpart gets £13.5 million yearly and this continues till 1970. It is time to examine other ways and means of dealing with the latest claim. It could be regarded as a grant to assist export production and transferred to the unfunded debt, and thus provide a better future for the industry.—Yours, etc., ONLOOKER. June 29, 1964.
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Bibliographic details
Press, Volume CIII, Issue 30480, 30 June 1964, Page 12
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141Butterfat Price Press, Volume CIII, Issue 30480, 30 June 1964, Page 12
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