DAIRY FARMERS' RETURNS
Sir, —Now that the dairying season is coming to a close and the annual meetings will soon *be held, it would be interesting to examine the financial returns of what the farmer should receive during that period, based upon the average price of butter at 78s per cwt. This 78s per cwt. amounts to 8 l-3d per lb. For every 1001b. butter-fat received at the factory 1221b. of butter is manufactured, so that we find: Every 1121b. butter-fat produces 1371b. butter at 8 l-3d, equals 9os 4d, to which must be added the exchange rate of, say, 22J per cent, equals 21s 2d. To this should be added the difference between super and first grade, which amounts throughout the season to about 20 per cent, and which is mixed with the super, as I have witnessed, equals, 2s. Total, 118s 6d. From this deduct the manufacturing, shipping and overhead expenses, which average 11 per cent, or 15s 6d, leaving 103s. Now, 103s per cwt. allows for a payment of 10id per lb. of butter-fat, and leaves £2 a ton over for depreciation, etc. In a factory turning out 500 tons a year this allows £IOOO, which should be ample. Reflex.
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https://paperspast.natlib.govt.nz/newspapers/NZH19350610.2.149.2
Bibliographic details
New Zealand Herald, Volume LXXII, Issue 22131, 10 June 1935, Page 12
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203DAIRY FARMERS' RETURNS New Zealand Herald, Volume LXXII, Issue 22131, 10 June 1935, Page 12
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