WAIKATO DAmY PAYOUT.
If is. estimated that ten co-operative dairy factories in the Waikato have paid out in advances to suppliers, in the past three months, an amount exceeding £312,----000. With the returns from the New Zealand Co-operative Dairy Company, whose figures are not included, the payments to producers in the Waikato ,as advances on supply for the past three months, must amount to over a million sterling. The release* being made this month for December supply to ten Waikato Co-opera-tive dairy companies total over £97,000, this amount being independent of the large distribution to be made by the New Zealand Co-operative Dairy Company, llie average payment made by the ten factories referred to is Is 5d for cheese and Is 2%d for butter for December supply. A drop of about l%d per lb in the advance ■ for.butter is recorded compared with the figures ruling in the flush period, but cheese has remained practically steady at Is M on butter-fat basis. The "Waikato Times" states that the price has varied from li>sd to Is 6d for the greater part of the season until recently, when a de-cline-was recorded in sympathy with market- conditions.
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Bibliographic details
Evening Post, Volume CV, Issue 17, 21 January 1928, Page 12
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193WAIKATO DAmY PAYOUT. Evening Post, Volume CV, Issue 17, 21 January 1928, Page 12
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