MEAT PRICES
DECREASE UNLIKELY TILL NOVEMBER
(New Zealand Press Association) WELLINGTON, September 17. Housewives need not expect any allround reduction in the retail price of meat until early in November, when fat stock came on the market in greater quantities, said the president of the Wellington Master Butchers’ Association (Mr G. A. Bannan) to-day. In spite ot the uncertainty of the wool market farmers were not willing to accept cheaper prices for carcass meat, he said. In addition, higher prices always ruled at this time of the year, and would continue until more fat stock came on the market. No forecast of price reductions in pork was possible until the new season’s pork came on the market just before Christmas.
Mr Bannan added that the release of export meat on the local market had been helpful as it had lessened the demand on fresh meat which always went to the highest bidder when supplies were short. If the export meat had done nothing else it had certainly held prices.
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Bibliographic details
Press, Volume LXXXVII, Issue 26529, 18 September 1951, Page 6
Word Count
169MEAT PRICES Press, Volume LXXXVII, Issue 26529, 18 September 1951, Page 6
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