MEAT TIRADE OUTLOOK

Dominion, Volume 27, Issue 69, 14 December 1933, Page 13

MEAT TIRADE OUTLOOK

Board Chairman Hopeful INVERCARGILL ADDRESS By Telegraph.—Press Association. Invercargill, December 13. A note of optimism regarding the meat trade was struck by Mr. D. Jones, chairman of the Meat Board, in aj address at an official luncheon at the Southland Summer Show to-day, Speaking of the Ottawa Agreement, he said the average New Zealand farmer did not realise the enormous effect of the reduction imposed on imports into Britain from the Argentine. It meant that the Argentine would this year send 200,000 fewer lambs and 600,000 quarters of beef less. Had the Ottawa Agreement not been brought into effect the meat trade of the world would have been demoralised. Referring to the trend of the Home market, be said that the nine million lambs sent by New Zealand to England last year had been consumed in eleven months. Statistically, the lamb trade now looked bright, and he considered the demand would equal the production. The British buyer was in a better position, and the effects of returning confidence were evident.