Record meat income

Press, Volume CXIII, Issue 33370, 31 October 1973, Page 3

Record meat income

(X.Z. Press Association} WELLINGTON. October 30. Meat exports earned a record 5613.6 m in the year ended September 30, 1973. the Meat Board said today. This is an increase of $158.7m. or 34.9 per cent, on the 19/1-72 season’s record receipts. Together, meat and meat by-products returned $742.8 million, or 40.7 per cent of New Zealand's total export receipts of $ 1823.2 m. said the board. The board said. that the dramatic rise in New Zealand’s meat" export earnings was attributable largely to an increasing world demand for meat and to lower domestic production in some major markets caused by' a shortage of grains and other animal feedstuffs. LESS SHIPPED Meat shipments to all destinations for the season amounted to 648.523 tons, a drop of more than 19.000 tons, or 2.9 per cent, on those for the 1971-72 season. In spite of this decline, estimated receipts for each type of meat were well up on the previous season’s figures. Mutton shipments declined 8 per cent to 90.804 tons, but export realisations probably

were up more than 86 per] cent to reach s6om. Lamb shipments fell 10 per cent to 300,874 tons, but export realisations rose 40 per * cent to an estimated $247m. r BEEF HIGHEST | Beef and veal accounted for 35.8 per cent of total export earnings for meat and f meat by-products, with lamb I and mutton accounting for j .33.3 per cent, and 8.1 per cent, respectively. t Lamb shipments to Britain 3 fell 57.695 tons, to 217.231 f tons. The most notable lamb t increase was to Greece, 31which took 27.352 tons, compared W'ith 18.409 tons in ; 1971-72. Lamb shipments to the s'United States were up 2000 >itons to 10.165 tons, and the j I next two important markets - were Japan (8024 tons) and 3 West Germany (6503 tons). 3 Diversification of lamb rlshipments outside Britain ‘reached a record 27.8 per cent. Japan remains by far the ■ major outlet for New' ZeaII land mutton, taking 70 per a'cent of the season’s ship--0 ments of 90.804 tons. e U.S. SALES | Shipments of beef and veal i to the United States reached t a new' peak of 135.047 tons. >.) or 67.9 per cent of all such J exports, being more than 16 t per cent up on the 1971-72 r figure. Sales of beef to

[Japan increased from 3367 |tons to 8222 tons. Air-freighted meat amounted to 1258 tons, slightly less than for the previous season. Tahiti remained the main market, taking 717 tons.