SMITHFIELD MARKET

Press, Volume CXV, Issue 33776, 24 February 1975, Page 18

SMITHFIELD MARKET

Price levels fully firm

Retail demand for most imeat continued to be gener-| ally poor last week, but off ■take of New Zealand, lamb !on the Smithfield Markei; continued to be steady, the; Meat Board reports. The promotional activities; of some retailers contributed! to the continued interest in' New Zealand lamb at retail,; and this was balanced by; steady supplies of the prod-1 uct being available whole- 1 sale. Consequently, realis-) ations were basically, unchanged from previous; levels. Domestic lamb was' 'pitched in reduced amounts! and with the continuing seasonal decline in quality of) I medium weight, carcass [prices for this commodity) advanced accordingly. With this progressive widening in the price differ-' entia) between domestic and, New Zealand lamb, both; 1 wholesale and retail, the im-| ported product attracted a [greater interest — whole-! ! salers holding firm at cur-! Irent quotations both for I Smithfield and ex-ship sales. ; ) Offerings of fresh beef met! la steady demand, and values! remained firm. Prices for New Zealand lamb were:Price Var’ni P P I ; Prime.— per lb per lb I 1 281 b and under 27.0-28.0 n.c. i I 291 b to 381 b 26.0-27.0 n.c. I 1Y grade.— | 281 b and under 27.0-27 5 +6.25 Old teasen lamb I Prime.— 371 b to 421 b 23.0-23.5 n.c. Steady offtake of New! Zealand lamb cuts in cartons; Isold at marginally higher! [prices: ; Legs 42.0-43.0 + 0.501 Long loins • 29.0-30.0 n.c. Short fores • 20.0-21.0 n.c. Nominal offerings of New | Zealand- boneless beef sold lat the following prices: Topsides 51.0-52.0 n.c. Rumps 61.0-62.5 -0.75