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AMAZEMENT EXPRESSED AT LOW FIGURE (United Press Association) AUCKLAND, October 30. “I sympathize with the New Zealand dairy fanner in having to accept the low price fixed by the Government for his produce,” said Major J. R. King,’ of Sydney, chairman of directors of Empire Dairies, Ltd., before the departure of the Awatea. “It amazes me that the guaranteed price of 112/- a cwt is accepted so quietly when butter in London is now bringing 150/-.” Major King considered the potentialities for dairy production in New Zealand immense and he considered the pastures in the Waikato the best in the world. In farming methods, New Zealand was far ahead of Australia, particularly in the use of top-dressing. The only difficulties were the low guaranteed price and high internal costs. He thought there was a danger that this state of affairs would result in men turning away from dairying, despite the fact that the general conditions warranted an expansion of production.
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Bibliographic details
Southland Times, Issue 23345, 1 November 1937, Page 5
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162GUARANTEED PRICE Southland Times, Issue 23345, 1 November 1937, Page 5
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