Meat Board may still pay supplement
The Meat Board may still supplement exporters’ prices for beef should .they not be able to match minimum price levels set before the beginning of.the present export killing season by the Meat Export Prices Committee, even though it had been announced earlier that the board would buy and market the meat itself if this happened. The board is believed to be maintaining a flexible attitude and to have put a proposal to the trade, which if accepted could lead to supplementation. A decision may be reached later in the week. Should the board decide to supplement exporters’ prices it is likely that it will adopt a modified system of payments. These payments would be made, if necessary, retrospectively to exporters after about six weeks In the light of the actual performance of the market. Exporters would, of course, have to pay producers on the. basis of minimum price levels.
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Press, 15 April 1980, Page 2
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155Meat Board may still pay supplement Press, 15 April 1980, Page 2
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