FROZEN MEAT TRADE

Wanganui Chronicle, Volume 79, Issue 99, 30 April 1935, Page 9

FROZEN MEAT TRADE

LAMB CONSUMPTION IMPROVING AIUTTON AND BEEF QUIET Lamb market: Prices for second quality and heavy prime Jamb slightly lower; others steady. Consumption is improving steadily, but heavy arrivals , of Australian lamb depressing market. Mutton market: Wethers Market slightly easier, with trade slow. Ewes—»Steady, with fair trade. Beef market: Quiet and unchanged. New Zealand porker pigs: Steady and meeting with fair trade. New Zealand baconer pigs: Market steady and unchanged. The above report was received on Saturday by the Meat Board from its London office, which advises that the following are the approximate average prices realised for the week ended April 26, based on actual transactions of wholesale quantities of the descriptions of meat mentioned, and are for representative parcels of the goods offering during the week, being for business done on the basis of delivered to Smithfield market, and/or ex London stores. Prices for the two previous weeks are also shown:— New Zealand Sheep.—Canterbury and North Island selected crossbred wethers and maiden ewes, 481 b to 561 b, 4{d (4 3-Sd, 4 3-8 d); 571 b to 641 b, 3 5-8 d (same); 651 b to 721 b, 3|d (same). North Island, 481 b to 561 b, 4 1-8 (4jd, 4}d); 571 b to 641 b, 3Ad (3 5-Bd, 3 5-8 d); 651 b to 721 b, 3 3-8 d (3Ad, 3Ad). Ewes, 481 b and under, 3 5-8 d (3 5-8 d 3Jd); 481 b to 641 b, 27-8 d (2 7-Bd, 3d); 65Tb to 721 b. 2Ad (2 5-Bd, 25-8 d). New Zealand lambs: Canterbury, 361 b and under, 6Ad (same); 371 b ‘to 421 b, 6sd (same); 431 b to 501 b, 6 5-8 d (same); second quality, average 321 b, 5 7-8 d 6(1, 6 l-8d). Other South Island brands, 361 b and under, 6Ad (same) ; 371 b to 421 b, 6|d (same); 431 b to 501 b, 6Jd (6 5-8 d). Selected North Island brands, including ’Downs. 361 b and under, 6|d (same); 371 b to 421 b 6Jd (same); 431 b to 501 b, 6Ad (6 5-Bd, 6 5-8 d); second quality, average 321 b, 6 l-8d (6 l-Bd, 6|d). Other North Island brands, first quality, 361 b and under, 6Jd (6{d, 6 3-8 d); 371 b to 421 b, 6{d (6id, 6 3-8 d); second quality average 321 b, s|d (6d, 6d). Australian Lambs.—Victorian, first

quality, 361 b and under, 5 3-8 d (5Ad, 5 5-8 d); 371 b to 421 b, 5 3-8 d (ssd, 5Jd). Argentine Lambs.—36lb and under. s|d (5Ad, 5 5-8 d ); 371 b to 421 b, 5 3-8 d (did, 5 5-8 d). New Zealand Beef.—Ox fores, 25-8 d ( 25-8 d 2sd); ox hinds, 34d (3id, 3 5-8 d). Argentine Chilled Beef.—Ox fores, 3 3-8 d (3d. 3d); ox hinds, 5 5-8 d 5 l-Bd. 5 l-Bd).' Australian Frozen Beef.—Ox crops, over 1001 b, 3Jd (same); ox hinds, over 1601 b, 3 5-8 d (same). New Zealand Prime Porker Pigs.— 601 b to 801 b, 6d (6d, 5 7-8 d); 811 b to 1001 b, sld (same); 1011 b to 1201 b, 5 3-8 d (5 3-Bd, s|d). New Zealand Baconer Pigs.—l2lb to 161 b, 5 5-8 d (same). Other Reports. M. A. Eliott, Ltd., Palmerston North, have received the following advice from Gordon, Woodroffe and Co., Ltd., London, dated April 25:—Lambs, no change. Wethers, l-8d to id lower. Heavy ewes, l-8d lower. Others no change. Porkers, no change. Smithfield “delivered” prices are quoted as:—Best North Island prime lambs, under 361 b, 6 5-8 d; 361 b to 421 b, 6 5-8 d; 421 b to 501 b. 6 5-8 d; ordinary North Island lambs, under 361 b, 64d; 361 b to 421 b, 6Ad; second quality, 361 b to 421 b, 6 3-8 d; second quality, average 281 b, 6 l-8d; North Island wethers and/or maiden ewes, undei

481 b, 4 7-8 d; 481 b to 561 b, 4id; 561 b to 641 b, 3id; 641 b to 721 b. 3 3-8 d; North Island ewes, under 481 b. 3 5-8 d; 481 b to 561 b, 3d; 561 b to 641 b, 2sd; 641 b to 721 b, 2|d. N.Z. porkers, 601 b to 801 b, 6d; 801 b to 1001 b, s*d; 1001 b to 1201 b, 5 3-Bd. Equivalent New Zealand Parity. In regard to the prices realised for New Zealand lamb delivered to Smithfield market, the Meat Board supplies the following table, giving the equivalent New Zealand parity, after deducting all costs, including selling commission. The costing is based on to-day’s estimated skin values and includes exchange at current rates. The calculation is on the basis of a prime woolly Jamb weighing, say, 341 b, delivered at freezing works;— N.Z. parity Smithfield (approx.) d per Ih d per lb 61 6.64 6 3-8 6.49 6i 6.34 In the above estimate the cost of killing, freezing and placing on board steamers is based on a charge of .575 d per lb,