Payment lower for lamb meat

Press, Volume CXII, Issue 33060, 30 October 1972, Page 3

Payment lower for lamb meat

After announcing a cut of 7c a head in lamb skin prices, meat operators made a further adjustment in lamb prices at the weekend by reducing the price of lamb meat.

The meat reduction is 1c per lb, and makes the prime 301 b lamb, with a skin with a wool pull of 0.70 kilograms, worth $7.78, which is 23c less than at the opening of the season and 47c below the peak level reached so far.

An industry spokesman attributed the drop in the meat price to a decline in the value of sterling and the impending imposition

of the third stage of the British levy on lamb imports.

The new meat prices for lamb, which will apply from today, are: Prime: 20 to 281 b, 21.3 c per lb; 29 to 361 b, 19.3 c; 37 to 421 b, 17.2 c; 431 b and over, 15.3 c.

Fair Average Quality: 20 to 281 b, 19.3 c; 39 to 361 b, 18.9 c; 371 b and over, 15.4 c.

Omega: 20 to 281 b, 19.3 c; 29 to 361 b, 17.2 c.

Skin prices now range from 161 c for a lamb with a wool pull of 0.45 kilograms to 272 c for a skin with a pull of 1.2 kilograms.