DIFFICULT YEAR

Waikato Times, Volume 118, Issue 19661, 22 August 1935, Page 11

DIFFICULT YEAR

PORK AND, BACON EXPORT.

MR W„ GOODFELLOW’S REVIEW

What he termed had been a year of extreme difficulty in the pork and 'bacon export industry was reviewed by Mr William Goodiellow, managing director of Amalgamated Dairies, Limited, addressing the annual meeting of suppliers .of the New Zealand Co-operative Dairy Company at at Hamilton. “ Amalgamated Dairies handle all the Pig Marketing Association’s export Consignments,” said Mr Goodfellow. “ The pork section is handled by our own stall in Smithfleld meat market, where our sales are made direct to the small "he baconers go direct to the Empire Bacon Curing Company’s plant at Newcastle-on-Tyne, where Delta Bacon is produced and subsequently marketed by Empire Dairies. “The past year has been one or extreme difficulty. Both porkers and baconers were sold in New Zealand at a substantial premium over 'London values throughout the past season. This was undoubtedly due to the operations ‘Of the three big meatpacking Arms operating in the Domin-ion-reach aiming to obtain an increased qiuota of The New Zealand meat trade. To meet the position and help the Pig Marketing Association, it was arranged with the Kiwi B a °° n Company that the Pig Marketing Association would do all their hujnio, thus giving the Pig Marketing Association a substantial share of the local trade. This undoubtedly helped the Pig 'Marketing Association through a very difficult and dangerous period. All. things considered, we believe the Pig Marketing Association have done very well and are deserving of support for their, maintenance of the consignment principle,, as far as is practicable under existing conditions. Higher Barket Value CreatedMr Goodfollow said that'the Empire Bacon Company’s annual balance date was not until October, but It was probable this company would make a loss, despite the efficiency of the organisation. However, when selling commissions wore included it was expected to come out about squait. The operation of the Empire Bacon Company as a buyer of New Zealand baconers had undoubtedly created a higher market value, and in consequonce i\iQ 'Own suppliers and the dairy industry in general had benefited very considerably by lids enterprise. • ' “The pork and bacon tiuotas for the current year are satisfactory, but unfortunately wo cannot look very far ahead with any dogrec of certainty, especially as the United Kingdom lias announced its intention 'Of replacing quotas with a tariff in the near future," contended Mr Qoodfellow, “However, in view of the importance of the bacon trade and the very small share of it held by New Zealand, we anticipate an Increasing share of this market -but at lower prices. The porker market in the Upited Kingdom is limited to approximately 50,000 tons, and is now well supplied, whereas-the bacon consumption is over 400,000 tons per annum,”