SMITHFIELD VALUES

New Zealand Herald, Volume LXXVI, Issue 23269, 11 February 1939, Page 9

SMITHFIELD VALUES

DECLINE IN LAMBS LARGE AUSTRALIAN STOCKS CHILLED BEEF EASIER Heavy stocks of Australian lamb are tending to, depress the Smithfield market. Prices for downs are unchanged, but others are slightly lower, according to the weekly report of the New Zealand Meat Producers' Board. There is an improved demand for wethers and ewes, but values are unchanged. With heavier Dominion arrivals prices for chilled beef are a shade easier. Trade in New Zealand porker pigs is slow, and prices are unchanged. Baconer pigs also are unaltered, but the' tendency is easier, owing to a weaker bacon market. Following are ruling prices for wholesale quantities announced by the board, together with values ruling at the close of the previous week:— FROZEN MUTTON Feb. 2 Feb. 9 Per lb. Per lb. New Zealand— d d Crossbred wethers and/or maiden ewes:— Under 481b .. .. 4% 5% 49-sGlb .. .. 3% 3% f>7-G4lb ... .. 3% 3% 05-721b .. .. 3 3 / t 3% Ewes: under 481b .. .. 2% 2% 40-5(51b .. . . 2/ 3 2% 67-04 lb .. .. 2 1 /, 2% G5-721b . . .. 2% 2% FROZEN LAMB Canterbury: Under 3Glb .. * * 37-121b .. .. * • 43-.~,01h . . . . » * Second quality, average about 31 lb .. * * Other South Islands: Under 30lb .. * • 37-421b .. * * 43-501b .. * * North Island Downs: Under 361b '.. .. 7 1 /, 7% 37-421 b .. .. 7% 7 1 /, 43-501b .. .. '7% 7% Second quality, average about 301b .. ..I 3 / 7% North Island, first quality: Under 301b .. .. 7% 7V, 37-421b . . . . 7% 7/4 Second quality, average about 311b .. .. T/ e 1 Australian — Victorian: First quality, 20-3Glb 0 6% First quality, 37-421b G l / 3 6 l / a Argentine (new season's) — First quality. 361b . . 01/,O 1 /, 6% First qualily, 37-4Qlb 6 0% FROZEN BEEF tNew Zealand — Hinds .. ..4 4 Fores ... 3 3 tAustralian—• Hinds . . . . 4% 4V. Crops (weights corresponding) .. .. 3 3 CHILLED OX BEEF New Zealand — Hinds .. .. 5Vi SVS Fores .. .. 3% 3Yi Australian— Hinds .. .. 5% Crops (weights corresponding) .. - .. 3% 3Va South African— Hinds .. .. 5% 5y A Fores . . .. 4 4, Southern Rhodesian — Hinds .. .. 4% 4 3 / Fores .. .. 3Y* 3% Argentine— Hinds .. .. 6% 6% Fores .. .. 4 1 /, 4% Uruguayan— Hinds .. .. &% 5% Fores .. .. l\% 3% Brazilian— Hinds .. .. * 5Y 3 FROZEN PORK New Zealand— * Porkers: First quality. 01-801b 7Y 3 7% Ditto, 81-1001b .. 6% 6% Ditto, 101-1201b .. 6% 6% Baconers. 121-1601b .. 6Vi 6 I Z BONELESS VEAL Bobby (new season's), ex store, in parcels . . 4Y e 4Ye *Not quoted. tSecond quality. The weekly quotations are based on actual sales of wholesale quantities of carcases of mutton or lamb or of quarters of beef delivered to Smithfield market and/or London stores. In the case of chilled beef the rates represent the approximate average prices realised for the week at psr lb. To arrive at the equivalent ex ship values one farthing per pound should be deducted from the prices quoted above.'Quotations given represent the average for the week, and are not selected lines, but for parcels fairly representative of. the bulk of shipments now on offer. EXPORT TRADE RATES LOWER SCHEDULE FOR PIGS The schedule of fat pig prices for next week's operations has been announced by exporters, and values show a general decline of id per lb. Choppers are id per lb. lower. The new schedule is as follows: — Up to 801b. —Prime, 63d per ib.; seconds, sfd; unexportable, 5Jd; condemned, 6d; seconds, ssd; unexportable, sd; condemned, 4d; 1011b. to 1201b.: Prime, s|d; seconds, aid; unexportable, 4Jd; condemned, 3Jd. 121111. to 1601b.; Prime, No. 1, 5Jd; prime, No. 2, sjjd; prime, No. 3, od; seconds | (three grades), 4f|cl; unexportable, Sjjd; condemned, 3§d. 1611b. to j 1801b.: • Prime, No. 1, 5Jd; I prime, No. 2, 4Jd; prime No. 3, ! 4|d; seconds (three grades), 4Jd; unexportable, • 42d; condemned, 2jd. 1811b. to 2001b.: Prime, 4d; seconds, 3 id; unexportable, 3d; condemned, 2d. Over 2001b.: Prime, 3d; seconds, 2.} d; unexportable, 2d; condemned, Id. Choppers: Prime, 2|d; unexportable ljd. Insurance; 9d a head; usual deductions Horotiu.. Schedule rates for lambs on hooks, Southdown, Westfield works, for next week's killings, are:—Up to. 361b., 7Jd per lb.; 371b to 421b., 7d; over 421b. and seconds, 6Jd; shorn, fd less; usual deductions for seedy. The rates for wethers and ewes on hooks at Southdown. Westfield freezing works are as follows: —Wethers: Up to 481b., 4|d per lb.; 491b. to 561b., 4d; 571b. to 641b., 33d; 651b to 721b., 31d; over 721b., 3d; seconds, 3Jd. Ewes: Up to 481b., 2sd per lb.; 491b. to 561b., 2}d; 571b. to 641b., 2d; 651b. to 721b., l;id; over 721b., 1-Jd; seconds, Ud.