N.Z. Lamb Not Responsible For Price Reduction

Press, Volume CVIII, Issue 31775, 4 September 1968, Page 7

N.Z. Lamb Not Responsible For Price Reduction

CANBERRA. Sept. 2. Imports of New Zealand lamb were not responsible for reduced prices in Australia, the Minister for Trade and Industry (Mr J. McEwen) said in Canberra. Mr McEwen said the reduced prices were due to unusually heavy yardings of lamb after the recent drought There had been an inquiry by the Australian Meat Board to determine the reasons for reduced mutton and lamb prices in recent weeks. Imports of New Zealand lamb were confined to Victoria and New South Wales, and had amounted to 0.5 per cent of Australian production.

Mr McEwen said the fall in mutton prices appeared to have come from falls in prices of Japan and the United

I States—markets which together took more than 70 per cent of Australia’s mutton exports last year. Prices of mutton in Japan had fallen in recent months from 15d to 12Jd per lb weight This movement had coincided with a build-up of stock in New Zealand, the principal supplier of mutton to the Japanese market Mr McEwen said.

Woman Cyclist.—Miss C. Hage (Netherlands) won the womens* road race in the 1968 world cycling championships.

Grass Champion.—G. Mulloy (Miami) won the United States senior grass court tennis chant pionship for the seventh time in 11 years by scoring a 6-4. 6-4, victory over T. Johansson (Sweden).