MARKETING BUTTER IN NEW ZEALAND

Timaru Herald, Volume CXXXVII, Issue 19523, 24 June 1933, Page 21

MARKETING BUTTER IN NEW ZEALAND

INFLATION SCHEME FAVOURED BY DAIRY ASSOCIATION.

By Telegraph—Press Association HAMILTON, June 23,

Drastic reforms concerning the local butter market were endorsed by the National Dairy Conference to-day. Following an outline of the Sinclair stabilisation plan, a committee set up to submit a draft scheme for the local butter market, made the following recommendations: — That the sale of butter in both Islands should be placed under the supervision of a central organisation In Wellington, vested, with powers to prepare regulations with which all dairy companies and or distributing agents must comply. That the organisation shall have power to determine (a) the wholesale price to be charged throughout New Zealand from time to time for bulk or pat butter sold for consumption within the Dominion, including whey butter; (b) the amount which dairy companies must charge for patting and distribution of butter on the local market; (c) the maximum amount which any agent may receive by way of commission or payment for acting as distributor for any dairy company for sale of butter on the local market; (d) the number of grades to be placed on the market, the amount to be allowed for returned empty boxes, the discount for retailers for cash payment and any other matters affecting the price to be received by dairy companies catering for the local trade. The Committee considered that the price differential as between the New Zealand economic level and the world’s parity prices plus marketing costs, should be paid into a central fund, to be distributed among butter-making companies. It was further recommended that the Committee be allowed to function with power to act in co-operation with the Dairy Produce Board, with a view to finalising the scheme. The Committee’s report was unanl- [ rnously adopted.