SALE OF WOOL
“Auctioning Must Go” (NZ. Press Association) AUCKLAND, Mar. 31. The whole system of auctioning wool must eventually change to an orderly marketing system of sale by negotiation, said Mr W. Martin, the Auckland provincial president of Federated Farmers, today. The wool-grower could markpt his product on the pattern of the dairy industry. This would in no way eliminate the stock agents or wool brokers, and farmers would use the wool stores and other facilities. “The whole pattern of marketing wool must change so that people have wool of certain quality and certain price from one month to the next,” he said. “This is needed to compete with synthetic fibres.” The Wool Commission was vital now, but eventually it would have to sell the wool as any other farmer would. The floor price could not be raised at present, said Mr Martin.
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Bibliographic details
Press, Volume CVI, Issue 31333, 1 April 1967, Page 1
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144SALE OF WOOL Press, Volume CVI, Issue 31333, 1 April 1967, Page 1
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