POOR LAMB SEASON

Hawke's Bay Herald-Tribune, Issue 140, 30 June 1937, Page 15

POOR LAMB SEASON

Canterbury Killings | Reduced r Tlie fat lamb Season in Canterbury : has been a ratlldr disappointing one, ' and for the first time for a number o» ; years the total killings are likeiy to^ shoW a redutttion.. This developnjeni , has been fairly obviOus at the" Adding- ; ton market fof . soitte timo. - This positiou ia not without ita conipensations, however. as thofe has bdfeu more concentration by exporters on • uiutton. This- has been OI fissistahee, in keeping ug^ thp price qf ewea ;ah'4„ also of wethers for the local markoL The result now is that there is no surplus of imitton depressing the markOl. Another indication of the poor' Season is that oue of the principal esport llrnis operating irl Canterbury niade & deSCent on last week's Lorneville market) Where there Was an entry of 70,000 lambs, on which the firm operated very heavily for its Canterbury works. The keeping up of the quota in Canterbury by this particUMr firm has been difficult this seqson. The Sohthland season its near its close, and 4t is stated to have been a gOod one, killings in spite of the moderate climatic conditions, being fully up to those of recent years. "It is rather unfortunate that With the steadily improVing .price of lamb Gn England that the late killings should be beloW the averhge, but the stocks on hand are heavier than they were 12 months ago. One of tho disturbing elements in the end of Se&aon market, as a TUle. is the menace of the heavy stocks that accuniulate in the Dominion, but anxiety on this. score' should be very much reduced this season by the firming market and by the lower weight of the final killings. It is true that the' North Island exports under all hehdings show a stibstantial increase, but the advance for the Dominion as a whole is ismaller this season than is generally the case.