MEAT MARKET

Gisborne Times, Volume LXXXII, Issue 12529, 15 April 1935, Page 2

MEAT MARKET

EXPORTERS LOSING ON LAMBS. . i'/.i F ■■ • r MUTTON DEMAND SLACKER! IK ' the NORTH, ’.'y-/ The freezing works in the Auckland province arc being kept fairly occupied) with the .handling' of cattle stated a meat • buyer in Hamilton this week. However, there was not a great deaf,, being done in the. sfieep departments, the price of fat Sheep in London having dropped considerably. This has ma.de the purchase of mutton impossible. Owing to the dry season 'and the sudden flush of feo c | since the rains came, the condition of the fat-lambs was not what it might' be. This combined with the low prices in L° n don had tended to encourage farmers to hold 1 hack their stock with the idea, of improving their condition and also in the hope that better prices will later eventuate. , -. Exporters were nervous of the position as all lambs purchased during the last three months were showing huge losses. Exporting firms, how were keen to continue operations. It seemed as if the farm eh who had sold his stock in New Zealand had made the host, bargain.