SMITHFIELD MARKET

Press, 6 September 1976, Page 14

SMITHFIELD MARKET

After a long period of warm, dry weather, the advent of rain and cooler temperatures during the past week improved values for most meats in England and Wales, reports the London office of the New Zealand Meat Producers’ Board. The volume of New Zealand lamb sales was light and prices remained virtually unchanged from last week’s levels. Some wholesalers expect the flush of home-killed lamb production to end earlier than usual this year. As a consequence, there is some concern over what is likely to be a tight situation for supplies until the arrival of new season’s lamb from New Zealand in December. Prices for New Zealand lamb on Smithfield were:—

Nominal offerings of New Zealand lamb cuts in cartons

were sold at the following prices:— (nominal)

tively inactive week for all beef in the United States as a long holiday week-end approaches, reports the board’s New York office. Prices for prime and domestic processing beef eased later in the week, but lower retail prices are increasing consumer demand for all meats, except lamb. In the imported beef market, uncertainty over what action will be taken over the Mayaguez operation and total beef imports for the year continues to be a disturbing factor. New Zealand exporters continue to ask for strong prices, but some softness in the domestic market resulted in few sales being reported, and prices are slightly below those of a week ago.

PL .. 41,0-42.0 n.c* PM .. 38.5-39.0 n.c. PH .. 35.5-36.0 40.25 YL .. 41.0-41.5 n.c. YM . 38.5-39.0 40.25

YH 35.5 -0.50 Legs 61.0-62.0 0.50 Long Loins 45.0-46.0 n.c. Short Fores 28.0-30.0 n.c. It has been a slow, rela-