EXPORTS OF MEAT

New Zealand Herald, Volume LXIX, Issue 21377, 29 December 1932, Page 6

EXPORTS OF MEAT

VOLUNTARY CONTINUANCE NECESSARY BRITISH GOVERNMENT'S WISH [BY TELEGRAPH —'PRESS ASStKJUTX'QN] WELLINGTON, Wednesday ' The chairman of the 'Meat Producers*' Board, Mr. D. Jones, has received ,the following cablegram from the "board's London office:— " ' "The Minister of Agriculture announced in the House oi in order to maintain- prices, the British Government fully realises the necessity of continuing the voluntary emergency restrictions on meat and bacon _ imports, which will expire early in January." Mr. Jones stated that ij; was very important that farmers should realise the definite intention of the British Government to maintain prices. He added that negotiations were now proceeding- and the Meat Board was in close touch with.the London office and expected to bo' in- a position to make a statement within the next few days. ../■ /

New Zealand's exports of mutton and lamb to the United Kingdom, were reduced during November and the present month by 10 per cent; compared with,the shipments during the corresponding period of last year, in compliance with a request of the British Government, which is endeavouring by means of a ; restriction ,of meat imports to the United Kingdom .to improve the present low (standard of pricesVoluntary consent to a reductiou of their % meat exports was simultaneously given by all the chief meat-exporting countries of the world, bo that practical effect'has been given to a world-wide .appreciation of the need for immediate action, to restore the' equilibrium of supply and demand as affecting the price "of' meat. * The importation into Britain of "South American mutton was reduced by 20 per cent, as against the Dominions' 10 per - cent. On November 22 the voluntary regulation of bacon and ham imports also came into force, to operate for 'two months, it being recognised that the enormous increase in Britain's' Bacon supplied during the past two years, and the consequent heavy fall in bacon.'prices, hag affected all other meat prices. The urgent need of the export restric-' tion plan may be gauged from ths fact that the fall in meat prices amounted to 40 per cent since June. " '