Smithfield market
The restricted demand.for New Zealand lamb continued on United Kingdom wholesale markets last week, the N.Z. Meat Producers’ Board said in its weekly market report. Supplies of domestic lamb increased, and prices at live auctions and wholesale markets were reduced Prices for New Zealand lamb on Smithfield were virtually unchanged, with P.L. grade quoted at 55.0-56.0 p per lb, and P.M. grade at 48.0-50.0 p per lb. The United States imported beef market, after a small
flurry of activity, was slow again last week, and domestic beef prices weakened. New Zealand traders were seeking higher prices than the market was prepared to pay at present and New Zeal .d- cow beef prices remained unchanged from the previous week’s average, at 123 U.F. cents per lb c.i.f. The Japanese mutton market remained quiet again last week, apart from the sale of some Australian mutton. No quotations were made by New Zealand traders.
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Press, 20 October 1980, Page 26
Word Count
153Smithfield market Press, 20 October 1980, Page 26
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