SMITHFIELD MARKET

Press, Volume XCVI, Issue 28347, 5 August 1957, Page 15

SMITHFIELD MARKET

Sharp Drop In Chilled Beef

Heavier pitchings of chilled beef caused values to drop sharply at Smithfield last week, according to advice received from the New Zealand Meat Producers’ Board. The drop in prices was particularly marked for forequarters. Sales of frozen beef were adversely affected by the pressure to sell chilled, and values were weak. Values of frozen lamb were maintained, although the low beef values operated to reduce sales. Frozen mutton had a quiet trade. Prices tor New Zealand meat (ex store, London, for frozen meat; delivered to Smithfield for chilled beef) in the week ended July 31, with the variation since the previous week, were as follows: Sheep i d. Var'n. per lb. d per lb. Crossbred Wethen,

Frozen Beef First Quality Ox: Hinds (145-160 lb) Not quoted. Hinds (161-2101 b .. 141 —1) Fores (145-2101 b ..10 —1 Seconds: Not quoted. Chilled Beer Ox hinds (145-210Ib) -10 —5l Ox fores (145-2101 b -9 —3l -Average of Quotations.

Maiden Ewes: Under 481b .. 18 N.C. 49-561b .. ..16 N.C. 57-641b .. ..141 -1 65-721b .. ..Ill -1 Ewes: Under 481b .. 10 N.C. 49-561b .. .. 81 N.C. 57-641b .. .. 71 N.C. 65-721b .. .. 61 N.C. Canterbury Lamb First Quality: Under 281b .. 28% N.C. » 29-361b .. ..261 N.C. 37-421b .. ..25 N.C 43-501b .. ..23} N.C. Seconds: Under 281b .. 261 —4 29-361b .. ..25j N.C.