WHEAT PRICES
THE! GOVERNMENT’S GUARANTEE. A notice relating to wheat prices appears in the Gazette. The Government has undertaken to purchase from wheatgrowers all good milling-wheat qf the 1921-22 season at the following minimum prices:— For Tuscan and similar varieties ss. 6d. per bushel f.o.b. For Hunters and similar varieties ss. 9d. per bushel f.o.b. For Pearl and similar varieties 6s. 3d. per bushel, f.o.b. An increment of Jd. 4per bushel per month will be added to above prices for wheat dealt with between May 1, 1922, and October 31, 1922. Market rates will be paid if in excess of the above guaranteed minimum prices. If it. is necessary to- determine market rates, the. Government will be guided bv the following principle:— In tho event of -any adjustment in prices being necessary the Government will be guided bv tho worlcEs market value of wheat in February, 1922, of similar quality to New Zealand wheat, having regard to tho necessary adjustment between North Island and South Island ; but. in any case the purchase price willnot be less than the minimum stated above for the respective, varieties witn the monthly increment.
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https://paperspast.natlib.govt.nz/newspapers/DOM19210610.2.80
Bibliographic details
Dominion, Volume 14, Issue 219, 10 June 1921, Page 6
Word Count
189WHEAT PRICES Dominion, Volume 14, Issue 219, 10 June 1921, Page 6
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