MEAT TRADE

Rotorua Morning Post, Volume 3, Issue 714, 14 December 1933, Page 5

MEAT TRADE

(Press Assn.-

OPTIMISTIC NOTE STRUCK BY CHAIRMAN OF BOARD Cy v THE FIGURES REVIEWED

-By Telegraph — Copyright).

Invercargill, Wednesday A note of optimism regarding the meat trade was struck by Mr.- D Jones, chairman of the Meat Board, in an address at the official luncheon at the Southland Summer Show to-: day. Speaking of the Ottawa agreements ; he said that the average New Zealand farmer did not realise the enormous effect of the reduction imposed on ' imports to Britain from Argentine. It meant that the Argentine would this year send 200,000 fewer lambs and 600,000 fewer quarters of beef. : Had the Ottawa agreement not been brought into effect the meat trade of the world would have been demoralised. Referring to the trend of the Home market, he said that the 9,000,0.00 lambs sent by New Zealand to England last year had been consumed in eleven months. Statistically the lamb trade .now looked bright and he considered that the demand would equal the production. The British buyer was in a better position and the effects of returning confidence were evident.