GUARANTEED PRICE FOR WOOL EXPECTED
IN BRITAIN NEXT YEAR
LONDON, Nov. 3 (Recd. 6 pm).— British sheep farmers expect a guaranteed price for wool as from May, 1950.
Under a wool marketing scheme recently submitted to the Ministry of Agricultur e by the National Farmers’ Union, it is proposed that a guaranteed price for fleece wool each season should be negotiated by the Farmers’ Union every spring, and that the Government should guarantee this average price for all wool clipped in that year, together with an allowance for marketing costs. Minimum price** would a lso be negotiated for four year periods. It is estimated that the annual va!u e of United Kingdom wool is £6,600,000 at present prices. Parliamentary approval of the scheme has yet io be granted. -Special N.Z.P.A. Correspondent.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WC19491104.2.50
Bibliographic details
Wanganui Chronicle, 4 November 1949, Page 5
Word Count
131GUARANTEED PRICE FOR WOOL EXPECTED IN BRITAIN NEXT YEAR Wanganui Chronicle, 4 November 1949, Page 5
Using This Item
NZME is the copyright owner for the Wanganui Chronicle. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in