BEEF TRADE
NEW ZEALAND INVASION OF AUSTRALIAN MARKET. (By Telegraph—Press Assn. —Copyright). (Australian and N.Z. Cable Association.) SYDNEY, June 13. The Herald, commenting on reports that cattle were being bought in New Zealand by speculators for the Australian meat market, says: “The reports have not created much interest in the trade here. The general belief is that very little New Zealand meat, if any, will be retailed in Australia at the cost of landing it and the fact that large quantities of chilled Queensland beef are available for Sydney and Melbourne will prevent any large trade in meat developing with New Zealand. This meat is available at a cheap rate because of the depression in the export trade.” The Herald further states that nearly 500,000 cattle are available in Queensland for export, but the meat works expect to treat, only 200, 000, so that large numbers of cattle should reach the southern markets during the next fev months.
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Bibliographic details
Southland Times, Issue 18967, 14 June 1923, Page 5
Word Count
158BEEF TRADE Southland Times, Issue 18967, 14 June 1923, Page 5
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