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INCREASED PAYMENT

DISTRIBUTION TO AUCKLAND DAIRY FARMERS. It is estimated that the average payment to dairy farmers in the Auckland Province for the season now ending will be about 9%d per lb of butterfat net. The net payment in the previous season was probably a shade under 9d per lb. Approximately every Id per lb of butterfat is worth £1,000,000 to the' 1 province. On this basis the increased payment this season means the distribution of about £600,000 more. However, production in the province is about 3 per cent, lower for the season, and this probably reduces the extra distribution to from £350,000 to £400,000. Cheese factories have not fared as well during the season as butter factories, judging by the trend of London prices. There has been some mention of certain cheese factories turning over to butter production, while dual factories in the province have been considering their position.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/KCC19350723.2.36

Bibliographic details

King Country Chronicle, Volume XXIX, Issue 4723, 23 July 1935, Page 5

Word Count
150

INCREASED PAYMENT King Country Chronicle, Volume XXIX, Issue 4723, 23 July 1935, Page 5

INCREASED PAYMENT King Country Chronicle, Volume XXIX, Issue 4723, 23 July 1935, Page 5

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