EXPORTS OF MEAT

Press, Volume C, Issue 29502, 2 May 1961, Page 17

EXPORTS OF MEAT

£2lm More In 3 Months (N.Z Press Association). WELLINGTON, May L New Zealand meat export receipt* for th* first quarter of 1961 were £ll million more than In the same three months of 19A, says the latest bulletin nt the market informatiin service of the New Zealand Meat Producers’ Board. Total meat export receipts for January and March, 1961, were £19,233.000 compared with £17,125,000 in JanuaryMarch, 1960. On the United Kingdom market, lamb price* during April steadied after the sharp rise of earlier weeks.

Lower meat prices generally in the United Kingdom this year have been the result primarily of substantial increases in home production of beef and also mutton and lamb, compared with production in the same period in 1960, states the bulletin.

In the first three months of the calendar year, 1961, New Zealand production of lamb for export declined by 1.6 million carcases. This decline more than offset the increase that occurred in the early months of the present season, and left the season’s total production of export lamb showing a decline of more than 100.000 carcases to the end of March. In the United States and Canada, beef and lamb prices have been adversely affected by increasing domestic meat supplies and substantial unemployment. The market for New Zealand ewe mutton continues strong, Smithfield quotations having risen sharply. Sup-