PRICE OF WHEAT
Move For Rise Defeated
A move by Otago growers to have the price of wheat raised by 10c a bushel was defeated at the Dominion agriculture section of Federated Farmers, in Timaru yesterday.
Speakers in support of the rise said it was four to five years since the price of wheat had been set at *1.45 a bushel. If the dollar depreciated by 3 to 4 per cent a year, there had in fact been a depreciation in price of about 20 per cent By accepting the existing price, farmers were leaving themselves open for a reduction, it was felt By seeking a rise now, Federated Farmers would strengthen their hand in future negotiations with the Government The chairman (Mr S. J. Lister) said delegates should reconsider this question. "To maintain your basic price, how can you ask for an increase, and expect retention?” he said. Under the present circumstances, growers could not seriously expect a rise of 10c a bushel or more, said Mr A L Mulholland. “We fought hard last year for a retention of the existing price. We just can’t go to the Government and ask for more.”
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19690619.2.95
Bibliographic details
Press, Volume CIX, Issue 32018, 19 June 1969, Page 18
Word Count
194PRICE OF WHEAT Press, Volume CIX, Issue 32018, 19 June 1969, Page 18
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in