MEAT WAR
STRUGGLE IN SOUTH AMERICA. HUGE LOSSES SUSTAINED. (Rec. 5.5 p.m.) London, March 18. The Daily Express states that a commercial warfare is waging between British and American companies engaged in the South American meat trade. The breakdown of the former meat shipping arrangement which maintained regular and unfluctuating supplies for Britain led to a glut at Smithfield, but the consumer did not reap the full benefit of the collapse of the wholesale price. The Food Council is expected shortly to make a report indicating that retail prices should be lowered two pence per pound. Millionaires are engaged on both sides in the meat war. It is estimated that the companies have already lost £10,000,000, their share of falling values on both sides of the Atlantic.—A. & N.Z.
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Bibliographic details
Southland Times, Issue 19822, 19 March 1926, Page 7
Word Count
128MEAT WAR Southland Times, Issue 19822, 19 March 1926, Page 7
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