THE MEAT MARKET

Evening Post, Volume CXXV, Issue 37, 14 February 1938, Page 4

THE MEAT MARKET

N.Z. LAMB IN LONDON

HEAVIER SUPPLIES

The market for New Zealand frozen iamb in London is again easier, because of heavier supplies, but consumption is satisfactory for the time of the year, according to tho weekly cable received by the New Zealand Meat Producers' Board. On the mutton market wethers are quiet and unchanged and ewes are easier because of poor demand. The frozen beef market is steady and unchanged and chilled beef is easier because of heavier supplies. Unsuitable weather affected the demand and the prices for porker pigs. Baconer pigs are slightly easier owing to a weaker tendency in bacon. The board advises that the following are the ruling prices of wholesale quantities of the descriptions of frozen meat mentioned and are for representative parcels of the goods sold on Thursday. Chilled beef prices are averages of the week. All prices are on the basis of delivered to Smithfield Market. . Prices for the previous week are given in parentheses:— New Zealand Sheep.—Crossbred wethers and/or maiden ewes, 48-under 5 5-8 d (5 5-8 d), 49-56 sid (5Jd), 57-64 5d (sd), 65-72 4£d (4Jd); ewes, 48-under 4 l-8d (4id), 49-56 3Jd (35d), 57-64 3 3-8 d (3Jd), 65-72 3Jyd (3 3-8 d). New Zealand Lambs. —North Island Downs, 36-under 7fd (7 7-8 d), 37-42 7£d (7 7-8 d) 43-50 7 3-8 d(7 5-8 d); second quality, average about 30, 7 5-8 d(7 5-8 d). North Island, first quality, 36-under, 7 5-8 d (73d), 37-42 7 5-8 d (7Jd); second quality, average about 31, 7 3-8 d (7Jd). Australian Lambs.—Victorian, first quality, 29-36 6 7-8 d (7d), 37-42 6 7-8 d Argentine Lambs.—First quality, 36----under 6 5-8 d (6Jd), 37-42 6Jd (6 5-8 d). New Zealand Frozen Beef.—Ox hinds 145-210 4Jd (4Jd), fores, 145-210 3id Australian Frozen Beef.—Ox hinds, 145-210, 4Jd (4Jd); ox crops, weights corresponding, 3Jd (3Jd). New Zealand Porker Pigs—First quality, 61-80 7id (7 3-8 d), 81-100 61d (7d), 101-120 6 5-8 d(6 5-8 d). New Zealand Baconer Pigs.—l2l-160, 6 3-Bd\'(6£d). ■ . , Chilled beef prices are approximate average prices realised for the week. New Zealand Chilled Beef.—Ox hinds 145-210, 5 5-8 d (not quoted); fores,'l4s-210, 4d (not quoted). Australian Chilled Beef—Ox hinds, 145-210, sid (5 7-8 d); ox crops, weights corresponding, 4d (4d). Southern Rhodesian Chilled Beef.— Ox hinds, 145-210, sid (5 7-8 d); fores, 145-210, 3 3-8 d (3Jd). . Argentine Chilled Beef.—Hinds 145----210, 6Jd (6 5-8 d); fores, 145-210, 4Jd W Uruguayan Chilled Beef—Ox hinds, 145-210, 6|d (6 3-8 d); fores, 145-210, 4d Brazilian Chilled Beef.—Ox hinds, 145-210, 6d (not quoted); DOWNWARD TENDENCY. Cathie, Dempster and Co., Ltd., have received the following frozen meat market report by cable from Messrs. Sheed, Thomson, and Co., Ltd., London:—Lambs, 2's, 7Jd to 7|d; B's, 7Ad to 7Jd; 4's, 7£d; seconds. 7Jd to 7 5-Bd. Wethers, l's, 7's, 5 3-8 dlo 5 7-8 d; 3's, 9's, s's, 4 l-8d to 5 3-Bd. Ewes, l's, 7's, 3 7-8 d to 4 3-8 d; 3's, 9'S, s's, 3d to 33d. Ox beef, hinds, 4Jd; fores, 3Jd. Cow beef, hinds, 3 3-8 d; fores, 23d. Porkers, 6 5-8 dto 7id. Baconers, 6 3-8 dto 6§d. State of markets.—Lambs: Slow with easier tendency; wethers, firm on short supplies; ewes, slow; beef, firm; porkers, dull with downward ' tendency; toacoriersi steady. ( \ TRADE GENERALLY SLOW.

The Bank' of New Zealand produce department, has received the following advice from its London office as at close of business this week:—"The market for wethers is Steady. Trade in ewes is slow. Larger, supplies or lambs have caused prices ; to weaken. The market for chilled beef is steady. Trade generally.-'is' slow. .•_._/■. Wethers.'lighUV^cli'tq^Slcl per lb; heavy, 3Jd :,to/:4ld;'^i;we^§d to 4 l-Bd. Lambs; a's.ssjid^^ld; B's, 7|d to 73d; 4's, 7- 3-8 d .to 7|d;,seconds, 7Jd to 7 3-Bd. Chilled hinds, 5Jd to s|d; fores, 3 7-8 dto 4 l-8d; '~; ' :■ RETAIL PRICES IN LbNDON. ■ The' New Zealand Meat Producers' Board has been advised by its London, manager that; the following retail prices were being quoted -for New Zealand lamb and; mutton retailed in London during ; January, 1938. These prices represent a fair average of the prices quoted by the. .better.-class shops in London for the; best quality of New Zealand lamb and mutton:— New Zealand.'Lamb.— Legs, 13d per lb; shouldersi lid; loins, lid; necks, 6d; breasts, 3d; forequarters, BJd; hmdqi NewrZea lran:d Mutton (Wethers).— Legs, lOd per lb; shoulders, Bid; loins, 9d; necks, 4d; breasts, 2d.