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Smithfield market

The United Kingdom wholesale meat market continued to suffer from sluggish retail demand last week reports the New Zealand Meat Producers’ Board on its weekly market survey. The supply of .home-kliied hoggets and beef decreased, and prices firmed against at abattoirs and central markets. The off-take of New Zealand lamb continued to be restricted, and 'wholesale prices eased. On Smithfield market pl grade was quoted at 56.6-58.0 p per. lb and RM grade also at 56.0-58.0 p. There Was ; h weak and falling market for imported boneless coW.beCf in th® United states last week. Stocks being sold CX-stof®, combined with, domestic, supply, have been ample for a poor user demand. Nominal sales of New Zealand cow beef averaged 111 Us cents per lb, C.i.f. down 2c on the previous Week. The only reported mutton

sales on the Japanese market last week were parcels of MM grade, totalling about 1000 tonnes, at about 6615 US ceflts per. lb c. and f. Japan for April, shipment. Because of slower product movement on the domestic markfet, Importers and ham companies have shown litlte interest.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19810302.2.101.10

Bibliographic details

Press, 2 March 1981, Page 20

Word Count
183

Smithfield market Press, 2 March 1981, Page 20

Smithfield market Press, 2 March 1981, Page 20