Export beef up 5c
Export beef prices have received a double boost. From Monday prices for all grades will be 5c a kilogram higher, reflecting the stronger market in the United States. Under the new trigger prices for the new export season, which apply from Monday, there will be no deductions for stabilisation or price-smoothing because the trigger prices are well ahead of the new schedule prices. Under the schedule which has been in force, the deduc-
■ tions have amounted to bei tween 10 and 11 per cent for : both prime and manufactur- , ing beef. The new prices are: Ox beef.—Pl, 122 c per kg to 132 c; G, 118 c to 128 c; LI, 121 c to r 130 c; L2, 121 c to 125 c; M, 103 c to t 112 c; T, 118 c to 122 c; E, 110.5 c to L 114.5 c. 1 Heifer beef.—Pl, 118 c to 328 c; . G, 114 c to 124 c; LI, 119 c to 124 c; L2, 119 c to 124 c; M. 303 c to 112 c: r T, 116 c to 120 c; E. 308.5 c to 3 112.5 c. i Cow beef.—Pl, 306.5 c to 116.5 c; 1 G, 104.5 to 114.5; M. 103 c to 112 c; T, 107.5 c to 111.5 c; E, 95c , to 99c. ’ Bull beef.—l2sc to 144 c. Other prices are unchanged.
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Press, 29 September 1979, Page 2
Word Count
231Export beef up 5c Press, 29 September 1979, Page 2
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