BUTTER AND CHEESE

Waikato Times, Volume 94, Issue 14766, 4 October 1921, Page 6

BUTTER AND CHEESE

A BUSINESS VIEW. Referring to the refusal of the dairy companies to accept the prices offered at Home for the coming season's produce, a well-known Palmerston North business man told a Standard reporter that he and his colleagues had been staggered by their non-acceptance. Many dairy farmers were now missing badly the customary bonus paid out at about this lime, and the price offered On the vicinity of 2s) was a rate well above Hie average over a period of years, and indeed an excellent one in view of the slump in other farming products. The opinion was also expressed that the dairy, farmer, in holding out for an amount a shade higher than the cash price was, so to speak, gambling with his wages: in other words, his only source of income. If the wealthy speculator •of Tooley Street cared to speculate on the butter and cheese markets by offering high prices, they were still in a position to withstand an adverse market, and, on the other hand, deserved any extra increment the market yielded. Business people and traders as a whole would have much preferred that the dairy companies should sell outright at the high price i.|Tf;iv'i as the farmer then knew what was * ning to him, and could regulate li.s expenditure accordingly, and this stabilised business throughout.