Slow offtake for lamb

Press, 26 October 1982, Page 30

Slow offtake for lamb

The United Kingdom wholesale meat trade was generally depressed last week and the offtake for New Zealand lamb continued to be slow, according to the New Zealand Meat Producers Board's weekly market report. It was hoped, however, that the increasing number of special retail price promotions would help improve demand for New Zealand lamb. On Smithfield PL grade New Zealand lamb was quoted at 55p to 57p a lb and PM grade at 55p to 56p a lb. Beef There was a slight firming

of prices for imported manufacturing beef in the United States last week, although all quotations for New Zealand supplies were for January arrival because of the voluntary restraint agreement New Zealand cowbeef for January arrival was quoted at U597.75c a lb c.i.f. and bullbeef averaged 106 c a lb. Mutton New Zealand continued to have a quiet time on the Japanese mutton market with Australia quoting U539.5c to 41 a lb c and f for carcase mutton for prompt shipment. Small quantities of Australian carcase mutton were sold last week.