N.Z. MEAT PRICES

Gisborne Herald, Volume LXVI, Issue 20080, 28 October 1939, Page 4

N.Z. MEAT PRICES

BRITISH PURCHASE SCHEDULE ANNOUNCED ADVANCE ON 1938 BASIS OF PAYMENT j MINISTER'S OUTLINE I (Per Press Association.) WELLINGTON, this day. The prices at which the United Kingdom Government has agreed to purchase quantities of the coming season’s New Zealand meat were announced by the Minister of Marketing, the Hon. W. Nash, in a broadcast address last evening. | “These prices can be considered as very satisfactory indeed,” the Minister said. "They are better than last year’s prices and are generally based on the 1938 figures, with some modifications helpful to New Zealand.’’

Mr. Nash emphasised that the prices were f.o.b. in sterling. New Zealand would be paid for the meat at the stage that it was put on board ship. There were one or two final details yet to be settled as to what the charges from the farm gate through various channels to on board ship would be, nor had it been finally settled what the price of by-products would be. Hence it was difficult to state definitely how the figures would work out per head in New Zealand cm reney on the various classes of stock. The figures, however, would give a clear indication to farmers as to what they might expect for their fat stock lor the coming season The scale of agreed prices i* as follows' —

I,a mb N.Z. Sterling, currency. Prime 'Down cross: Twos 6-Sfl 7.93c! Eights 6 5/16d 7.85d Fours 6Jd 7.62d Tegs 5 g cl 7 cl Prime Canterbury quality: Twos 5 5/lGd 7.85d Eights 6 3/16d 7.7:1 Fours 6d 7.5d Tegs 5 id 6.84c! Prime Crossbred: Twos 6 3-1 (id 7.7 cl Eights 61 d 7.6d Fours 5 2 cl 7.3 d Tegs 6.53 d Second quality: 361b. and under . . 5;d 7.3c! Over 361b 51 d 6.85d Mutton Prime wethers and maiden ewes: 481b. and under . 4 5/16d 5.3Gd. 49-56Ib 3 id 4.82c! 57-641b 3 ll/16d 4.58c! 65-721b 3Jd 4.35c! Over 721b 3d 3.73d Second quality wethers: 561b. and under . . .3 11/1 Cd 4.58d Over 561b 3gd 4.2cl Ewes: 641b. and under . . 2-$d 3.42d Over 641b 2gd 2.95c! Beef Boneless ox beef .. 3 2d 4.66d Boneless bull beef . 3gd 4.old Boneless cow beef . 3 id 4.Id Boneless bobby veal 4Jd 5.13c! Ox and heifer beef, G.A.Q., 145-2101b.: Hinds 4id 5.44c! Fores 2 9/16d 3.19:1 Over and unders Usual terms. Ox and heifer beef, F.A.Q., all weights: Hinds 3 7/10d 4.27c! Fores .2 Id 3.1 Id Cow beef, G.A.Q.. all weights: Hinds 3 id 4.1cl Fores 2 7/1 Gel 3.1d Pigs Porkers & baconers: First quality .... Gd 7.4Cd Second quality .. frid 7.15c! Porkers: 60-1001b„ 16-25 p.c. of total export. Baconers: 101-1801b„ 76 p.c. of total export.