Article image
Article image
Article image
Article image

WHEAT BONUS

The arrangements originally planned for the payment of a production bonus on wheat as an incentive to increased sowings next year have been varied. A statement dealing with this subject was made last week. The position as finally decided is that the present price of 6s 6d a bushel will be retained as a base, but to this will be added a graduated production bonus. The1 bonus payment on .the total quantity sold will'be Id a bushel for every. : increase of 5000 acres (instead of 10,000 I acres as previously announced) in excess of 200,000 acres sown in wheat, ;up to 220,000 acres. At. this acreage : the -.price will be 6s lOd a bushel. I Thereafter supplementary payments ] will be at tho rate of |da bushel for j every increase of 5000 acres. The ! bonus will not exceed 7d a-bushel, this : figure being reached at 250,000 acres. ;| At this acreage, or above, the price , | will be- 7s Id a bushel. The bonus will I be pajd not merely on the additional .;ncreage. but over the crop as a whole. ;;The present premiums for varieties as ! : well us. ihe monthly holding allow- ■ antjea will continue to be paid.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19441205.2.52

Bibliographic details

Evening Post, Volume CXXXVIII, Issue 135, 5 December 1944, Page 6

Word Count
199

WHEAT BONUS Evening Post, Volume CXXXVIII, Issue 135, 5 December 1944, Page 6

WHEAT BONUS Evening Post, Volume CXXXVIII, Issue 135, 5 December 1944, Page 6