“Prospect Not Good”
There were no alternative markets capable of taking the tonnage of butter and cheese which New Zealand sold in the United Kingdom, said a speaker at the conference of the New Zealand Institute of Agricultural Science, at Lincoln College, yesterday. “If the United Kingdom enters the European Economic Community without adequate safeguards for New Zealand, the outlook is not good—and for the New Zealand dairy industry, disastrous," he said. The speaker, Mr P. Blomfield, technical director of Potash (N.Z.) Ltd, said that butter markets outside the United Kingdom open to international trade, amounting to 80,000 to 90,000 tons a year, were all heavily oversupplied, and subject to dumping. “The prosperity of ■ the New Zealand dairy industry has always depended in large measure on butter,” Mr Blomfield said. Although in recent years the extent of this dependence has lessened, butter still earns substantially more than half the industry’s income.
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Press, Volume CVIII, Issue 31763, 21 August 1968, Page 1
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151“Prospect Not Good” Press, Volume CVIII, Issue 31763, 21 August 1968, Page 1
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