SMITHFIELD MARKET
Prime lamb and calf firmer .
Both fresh lamb and beef pitchings on the Smithfield market followed a similar trading pattern to the previous week, with beef offerings tending to improve in value. Imported beef was available in increased tonnages, and, without any improvement to demand prices tended to ease, the Meat Board reports. Imported lamb met a disappointing trade because of a higher proportion than usual of lightweight carcases, particularly YL. Grades 291 b to 361 b, and 371 b to 421 b, maintained their value, while 281 b and under eased slightly, and YL’s absorbed the greatest reduction in price. Price Var’n c c per lb per lb Prime.—
New Zealand cartoned iamb cuts were traded in limited quantities, with steady demand for legs, modest trade for loins. New season legs 69.3-70.3 +1.25 Long loins .. 53.9 +1.30 Short fores ■ ■ 34.7-35.6 —0.05
There were no quotations for New Zealand mutton. Minimal quantities of New Zealand boneless beef cleared steadily.
Conversion of United Kingdom pence to N.Z. cents was made at the rate quoted by the Reserve Bank on Wednesday, of $1.9276 equals £l.OO.
281b and under 41.4-43.9 +0.60 291b to 361b .. 41.4-43.7 +1.00 371b to 421b .. 41.4-43.3 n.a. Y— 281b and under 38.5-41.4 —0.40
Striploins 79.0n.a. Topsides . 79.0-80.0 +2.05 Sllversides . 79.0 +2.00 Thick flanks . 73.2-75.1 +1.35 Rumps . 94.4 +2.40 Chucks . 57.8-59.7 +1.00
SMITHFIELD MARKET
Press, Volume CXIII, Issue 33230, 21 May 1973, Page 18
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