THE DAIRYING REPORT

Poverty Bay Herald, Volume LXI, Issue 18529, 16 October 1934, Page 8

THE DAIRYING REPORT

CONSIDERATION BY BOARD MEETING ON FRIDAY PUZZLING PRIGE POSITION (Parliamentary Reporter.) WELLINGTON, this day. ‘The Dairy Control Board will meet on Friday, the day following the publication of the commission’s report, and it. is intended to hold ward meetings of dairy producers its soon as possible afterwards. These meetings had been delayed so that the 'Dairy Commission’s report could ho available for discussion. Both in political and commercial circles there is great anxiety over the price position of New Zealand butter in England, and rio explanation is said to the possible on the basis of heavy stocks or .prospective supplies. Butter imports into Britain last month totalled 28,000 tons, compared with ;t.?,000 ia September, I,nnd G-t,OOO tons in September, JOtt'2, while stocks are not. unduly high. Australian production is ruled out as a possible cause of the depression, while the New Zealand grading figures in the last two months show a 5 per cent decline. There is a suggestion 'that the market is being depressed .artificially as a protest against, the new consignment regulations restricting supplies to a recognised brokers’ list, and imposing a limit on free on hoard purchases, which, at the minimum prices stipulated by the Control Board, make this business impossible. Parliament is not likely to adjourn t.hc session before some portion of the projected dairy industry legislation is passed.