DRY SHEEPSKINS

Gisborne Herald, Volume LXXIV, Issue 22416, 25 August 1947, Page 3

DRY SHEEPSKINS

WOOL AND PELT VALUE RESTRICTION EXPLAINED “The value of the dry sheepskin is largely governed by the current price of wool and pickled pelts," states the annual report of the New Zealand Meat Producers’ Board, explaining that the present policy of the Government was to allow wool to go free, but to restrict the payment to producers for pelts to the prices ruling last season. "It is equitable that the farmer selling dry skins should receive the full value of the wool on the skin, less the 7 per cent, deduction for Joint Organisation, but it is not equitable that he also receive die full market value of the pelt content when the producer selling stock for export is restricted to a stabilised price. “With the object of keeping file payment to the producer for dry sheepskins as near as possible on a par with that which he would have received had he sold the stock through the export schedule, a composite levy lias been imposed incorporating the 7£ per cent, deduction on the value of the wool content of the skin for pay merit to Joint Organisation and the estimated market value of the pelt con tent over and above that being re ceived by producers of stock for ex port, always having regard to the lower value applicable to pelts produced from dry skins. "The portion of the levy applicable to pelts will eventually be paid into tiie meat industry stabilisation account. “Tiie sheepskins emergency regulations provide for control by a committee.”