DAIRY INDUSTRY
STATE OF THE ACCOUNT ESTIMATED SURPLUS OF £550,000 MARKETING COSTS REDUCED (Per United Press Association) WELLINGTON, Dec. 22. An estimated surplus of £555,185 for the 1937-38 season is shown in the dairy industry account, details of which are published in the annual report of the Primary Products Marketing Department. This report marks the completion of the second year’s operations of the department. It states that the new marketing procedure has resulted in savings in the costs of marketing amounting to approximately £200,000 a year. Payment of guaranteed prices for butter and cheese, it is stated, had given the dairy farmers stability and security by protecting them from the effects of fluctuations in the market prices of dairy produce.
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Otago Daily Times, Issue 23690, 23 December 1938, Page 10
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120DAIRY INDUSTRY Otago Daily Times, Issue 23690, 23 December 1938, Page 10
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