SMITHFIELD MARKET

Press, Volume CXV, Issue 33740, 13 January 1975, Page 10

SMITHFIELD MARKET

More new lamb on market

There was a good demand for increased offerings of new season’s New Zealand lamb on the Smithfield market last week, the Meat Board reports. However, because of erratic availability, due to slow discharging from vessels, the price structure was more than usually sensitive to the supply-demand situation. It is expected that as increased supplies become available in the weeks ahead, a more stable price pattern will emerge at slightly lower levels than those at present.

1 Reduced pitchings of (home-killed lamb met an indifferent market trade, because of quality deterioration, and values eased accordingly with the price “ range dependent on the characteristics of single carDespite a slightly increased availability of fresh beef rel- - demand stimulated a brisk trade and daily clearance was effected at higher values. Prices ranged as follows: Price Var’n P. P. per lb per lb New season lamb 281 b and under 30.5-3 LO n.a. 291 b to 361 b .. 28.0-29.5 n.a. 371 b to 421 b .. N.Q. n.a. Y grade: 281 b and under 29.5-30.5 n.a. Old season lamb Prime: 281 b and under N.Q. — 291 b to 361 b .. 27.0-28.0 +o.2i> 371 b to 421 b . . 22.5-23.5 -0.25 Y grade: : 281 b and under 28.0-29.0 n.c. 291 b to 361 b .. 26.5-28.0 — Nominal offerings of New Zealand lamb cuts in cartons sold readily at the following prices:— Legs .. N.Q. •— Long Joins .» 30.0-31.0 ""J-? Short fore# . 21.0-22.0 -—1.5 Limited offerings of New Zealand boneless beef cuts met a steady demand at the (following prices:— Topsides 50.0-51.0 n.c. Rumps .. 60.0-60.5 -t-0.20 Striploins .. N.Q. — Tricks .. 46.5-47.5 —l.O Chucks .. N.Q -- (SUversides ■ 49.0-50.5 +0.25