Lamb sales ahead
PA Wellington In spite of generally sluggish demand for red meats at wholesale and retail in the United Kingdom, the performance of New Zealand lamb has been quite encouraging in recent weeks. So far, April sales have slightly exceeded offtake projections and this has prompted the Meat Board to marginally increase guideline prices for main grade items. Much bigger offerings of manufacturing beef from New Zealand and Australia this week filled the United States market and put further pressure on prices. The offerings were for May, June and July arrivals and followed more than three months 6F shortage. Importers reported a spread of prices and falls of around two cents per lb were recorded over the whole range of cuts. New Zealand bull beef averaged 111 US cents per lb cif, while cow beef averaged 106 cents per lb cif.
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Press, 21 April 1984, Page 21
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143Lamb sales ahead Press, 21 April 1984, Page 21
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