Overseas meat markets

Press, 27 September 1982, Page 26

Overseas meat markets

There was a depressed mood at both wholesale and retail meat outlets on the U.K. market last. week. reports the New Zealand Meat Producers' Board. French veterinary restrictions on the importation of English lamb continued while Irish lamb exports to France were not affected. The adverse market situation has resulted in sales of New Zealand lamb not in-

creasing, as might have been otherwise expected. On Smithfield-market New. Zealand PL grade Tamb was quoted at 56.7-58.5 p per lb and PM grade lamb at 56.559.0 p per lb. Confusion was the dominant condition last' week on the United States market for imported manufacturing beef. This is because United States Federal restraints will bring New Zealand’s 1982

imports to an end within the next two weeks' and Aus- y ■ tralia’s within about.. weeks time. ’ "Lis’ Quotations for New Zealand cow beef averaged 105 fj U.S. cents , per lb. c.i.f.; and X’ bull beef was at 117 U.S. cents per lb. u,| The Japanese mutton mar- S ket showed little movement' again last week with. noL% substantial sale from New/jd Zealand being reported.