WORLD'S MEAT TRADE.
• DEMAND AHEAD OF SUPPLY. By Telesraoh—iiesa Association—Copyrlel.t ■ _ London, January 8. Messrs. Weddol' and Company's annual report on tlio frozen meat trado states that the general average quotations for 1913 were tho highest oil record. Australian supplies of beefand mutton were also records. It is unlikely that 1914 will witness any further largo expansion of general trade, but the demand for all kinds of meats will probably bo but little contracted, even if tho ictail prices are permanently raised. Thero are many reasons for assuming that high values will lie maintained unless there aro further labour troubles. Should a new market iii the United States develop and expand as many . anticipate, tho result will'! bi>' to i.'hS'phasiso ! 'tllo'inherent strength of tho sellers' already strong position.
The Colonial Consignment Company reports that with the disappearanco of tho United States from tho list of selfsupporting countries, and with several European countries initiating tho importation of meat, the competition for supplies is likely to place values permanently on a plane higher than yet reached.
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Dominion, Volume 7, Issue 1954, 10 January 1914, Page 5
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173WORLD'S MEAT TRADE. Dominion, Volume 7, Issue 1954, 10 January 1914, Page 5
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