SMITHFIELD MARKET

Press, 9 April 1979, Page 27

SMITHFIELD MARKET

' The recent improvement! in the quantity of New Zealand lamb being sold has at last been reflected in wholesale prices in most parts of the United Kingdom, reports the New Zealand Meat Producers' Board in its weekly i market survey.

! Prices for New Zealand lamb firmed by up to Ip a lb last week and the market closed on a firm note. Price Var’n P P per lb per lb IPL .. 48 0-49.5 -OXt PM 47 0-49.5 -OJO MANUFACTURING BEEF Heavy arrivals plus indifferent consumer and enduser demand resulted in a weakening of prices for imported beef on the United States market. Imported cow beef sold at i prices averaging USl34c lb. icif. down 2c on the previous iweek’s average. | With some evidence of ! consumer resistance, as well las calls for beefless Wednesdays by consumer organisations in New York, importers are reluctant to contract I forward at prices being asked at present by New Zealand and Australian exporters MUTTON About 300 tonnes of New Zealand carcase mutton at about U567.5c a lb, c and f Japan, and 300 to 400 tonnes of full carcase boneless mutton at 87c have been sold to Japan.