SMITHFIELD MARKET

Press, Volume CXIV, Issue 33450, 4 February 1974, Page 23

SMITHFIELD MARKET

Poor trade at lower prices Trade on the Smithfield i market was disappointing !again last week, the Meat. Board reported. Off-take continues to be i adversely affected by the present depressed economic climate and there appears to be little likelihood of any ' improvement in rhe near ■future. As a result of this situation traders have had to accept values below economical levels for all products. The increasing availability iof beef at comparatively attractive prices continues [to have an adverse effect on ithe off-take and consequent value of .New Zealand lamb. Price Var’n P P per lb per lb L New Season, Prime.— i 281 b and under 29,0-31.5 -1.50 291 b to 361 b 29.0-31.0 200 New Season, Y.— 281 b and under 29.0-30.0 - 0.50 Old Season, Y.— 281 b and under 27.0-28.5 125 291 b to 361 b .. 27.0-29.5 0.75 I J Old season New Zealand I carton lamb cuts met aii I steady demand at the follow-! ling prices: I Legs 43.0*44.0 e 1.75 ■ Long loins .. 38.5-39.0 n.c. I Short fores 26.0-27.0 + 1.00 Reduced offerings of New Zealand boneless beef cuts Isold at slightly lower values! I than last week: Topsides. .. 12.5-43.0 -0.50 Silversides .. 42.5-43.0 0.50 ■ Thick Hanks . . .39.0-40.5 0.75. I Rumps 42.5-43.0 0.50 I Chucks .. 33.5-34.5 0.75