AUSTRALIAN DAIRY TRODUCE

Southland Times, Issue 24164, 28 June 1940, Page 6

AUSTRALIAN DAIRY TRODUCE

INCREASED EXPORTS TO BRITAIN (Received June 27, 6.30 p.m.) • SYDNEY, June 27. It is officially stated that Australian exports of dairy produce to Britain will probably be more than £2,000,000 greater this year than last if .adequate shipping is available. The Government expects in a few days to complete negotiations with the British' Government for a renewal of the contract under which the whole of Australia’s exportable surplus dairy produce is purchased. The United Kingdom would, it is stated, continue to take Australian surplus beef and pig meats after the war, but there is a likelihood that the pre-war limits set to mutton and lamb exports will be reimposed. Market conditions during the remainder of the war are certain to be regulated by military developments. The wool position is not entirely satisfactory as overseas markets which took 42 per cent, of Australia’s exportable wool clip in 1938-39 have been lost since the outbreak of war, and although the British Government undertook to purchase the whole of Australia’s exportable surplus for the duration of the war its ability to do so has been affected by the defeat of the European countries to which Britain had resold some of the wool.