SMITHFIELD MARKET
Although prices for New Zealand lamb did not increase on Smithfield last week, the United Kingdom market has firmed with good quantities moving through in bulk sales, reports the New Zealand Meat Producers Board. Despite continuing cold weather, trading was less difficult than the previous week, especially in the North. The improved demand for New Zealand lamb is beginning to affect wholesale prices and the market has firmed about 5p ex depot. Price VarTi P P per lb per lb PL 48.0-49.0 n.c. PM 47.5-48.0 n.c. MANUFACTURING BEEF Although trading was quiet on the United States imported beef market last week, the average price for
New Zealand cow-beef rose by 1.5 c to SUSI36c a lb, c.i.f. End users are relying on limited supplies of spot meat while traders are rather cautious because of the possibility of deliveries being disrupted by a drivers’ strike this month. MUTTON A further 4000 tonnes of New Zealand carcase mutton has been sold to the Soviet Union at NZIOOc a kg, making a total of 49,000 tonnes so far this year. The Japanese mutton market has been fairly quiet, but New Zealand exports contributed to the sale of about 1000 tonnes of carcase mutton from New Zealand and Australian sources! at up to US65c a lb, c and f. Japan, for April and May shipment. Go ydakSftbo
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Press, 2 April 1979, Page 25
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225SMITHFIELD MARKET Press, 2 April 1979, Page 25
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