Livestock Prices. Memorandum by the Ministry of Agriculture and Fisheries.

154 increase in home production is to be secured, a higher level of prices will be necessary for agricultural products generally." It is quite clear in the Ministry's opinion that the Government is committed, as a general principle, to a higher level of prices for livestock, and that an incentive element must be included in the prices to be paid when the Ministry of Food become the sole purchasers of fat stock in January next. II. Discussions with the National Farmers' Unions. 3. Discussions were opened with representatives of the National Farmers' Unions of England and Scotland on 11th December with a view to fixing the adjustments to the initial scale of prices announced on 11th November on account of seasonal trends and substantial variations in costs of production.