THE FUTURE OF BEEF

Evening Post, Volume CIX, Issue 117, 21 May 1925, Page 12

THE FUTURE OF BEEF

Jso fewer than eight other countries are now actively competing with Great Butain for the available export surplus ol the world. Last year the Continent absorbed 450,000 tons of beef from over seas a quantity equal to 70 per cent, of the beet imports into Great Britain. Ihese supplies were drawn frqm Argentina, Uruguay Brazil, Australia, New Zealand and South Africa, and, having regard to the leaner quality of meat called for by the Continental taste, the prices realised were fully equal to the values ruling in London. To the cattle raisers in the producing countries, who had for

several years been struggling to mako ends meet owing to the low pricea ruling for beef, the extra outlet has proved to be a veritable godsend; but the British consumer is likely to regard this diversion of supplies with considerably less enthusiasm. Up to the end of the year the full effect of the. reduced volume of supplies available had not been felt on bmithfield market; nevertheless, the level of beef prices at the close was distinctly higher than at the beginning of the year. ■ °