WHEAT FARMERS ANXIOUS.
Wheat growers in North Otago arc deeply concerned as to the probable effect of the political change upon the wheatgrowing industry (says the "Otago Daily Tim.es"). The sliding duty on wheat, imposed by the Reform Government, is, it is feared, in jeopardy, as it is believed to be opposed by both the United and Labour Parties. Should the duty be removed, the Dominion would be flooded with Australian wheat, and probably flour. It is not thought by local millers, however, that the duty will be lifted before a large portion of next season's harvest is dealt with. Jn the meantime, millers are buying cautiously. Limited forward delivery purchases have been made on the basis of 6s 5d per bushel on trucks for Velvet, 5s lid for Hunter's, and 5s 8d for Tuscan. Millers state that these prices will probably not be maintained, as the future is pregnant of important possibilities. The promoters of the wheat pool are feeling anxious.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19281123.2.129.17
Bibliographic details
Evening Post, Volume CVI, Issue 116, 23 November 1928, Page 12
Word Count
162WHEAT FARMERS ANXIOUS. Evening Post, Volume CVI, Issue 116, 23 November 1928, Page 12
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. 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.
Log in