REFUND ON WHEAT
About 7000 wheatgrowers will be receiving a refund of money held back from them for the wheat they sold from last year’s harvest.
Announcing this last even-: ing the general manager of the Wheat Board (Mr L. C. Dunshea) recalled that with the agreement of the Wheatgrowers’ sub-section of Federated Farmers 6c per bushel had been retained from wheat harvested last year to offset any loss involved in the handling or disposal of any surplus wheat from that harvest. In fact, he said, there had been no surplus from the 1973 harvest and some 20,000 tonnes had had to be imported. Consequently on Tuesday the board had made a refund to its authorised brokers of the 6c a bushel plus accumulated interest of 0.192 c a bushel for distribution to
about 7000 growers who had sold wheat to the board last year. Mr Dunshea said that the total payment amounted to $730,224 on the 11,793,023 bushels of 1973 harvest wheat handled by the board. The refunds will be made (to individual growers by j brokers.
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Press, Volume CXIV, Issue 33453, 7 February 1974, Page 12
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178REFUND ON WHEAT Press, Volume CXIV, Issue 33453, 7 February 1974, Page 12
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