FALL IN PRICE OF STOCK

Feilding Star, Volume 4, Issue 675, 6 January 1926, Page 7

FALL IN PRICE OF STOCK

HOW PRODUCERS ARE HIT The great difference between prices realised for mutton and. lamb this export season compared with last will

basis. Canterbury lamb quotations are higher For last seaspu these ranged from to 13d, the season opening at and closing at II id. Canterbury export Reason lias not yet opened. The current prices given by the Meat Export Control Board, are as follows:—-

Wethers Ewes Lambs per lb per lb per lb Auckland opt 4d Bpi Poverty Bay s <! Id. . 8-id

Hawke’s Bay old -lid 91-1

Wellington 5Jd 41d 9id These prices are for 561 b and under for wethers and ewes and 3611> and under for prime woolly lambs; second .quality is lower by Id to pi per pound in the ease of mutton and .Id to Id in the case of lambs,. Several factors, have tp, be taken into account in considering the reduction in prices realised for stock, and among them are the fall in the price of wool, the greatly augmented South American exports of chilled beef to England, also the dislocation of trade caused by the overseas shipping strike in Australia and New Zea_ land . Heavy shipments of Australian Jamb, that should have been dispatch, ed much earlier in the season, are now coming oil to the market, causing it to sag. The lessened return to the Now Zealand producer this season will represent roughly 7s on lambs and 10s on sheep.

be seen in the table here, following:— 'Wethers Lambs Under : Under December 561b 421b 1925 (>}d 91 d 1924 ’ 31(1 12d 1925 <kl 9.1 d 1922 5 i 4 9d 'Wellington prices are take n.. as a