Report on the trade in refrigerated beef, mutton and lamb

Bibliographic data

Monograph

Identifikator:: 1800540760

URN:: urn:nbn:de:zbw-retromon-185131

Document type:: Monograph

Title:: Report on the trade in refrigerated beef, mutton and lamb

Place of publication:: London

Publisher:: Stat. Off.

Year of publication:: 1925

Scope:: vi, 65 Seiten; Ill., graph. Darst.

Digitisation:: 2022

Collection:: Economics Books

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Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Chapter I. Statistical

Collection:: Economics Books

(ii) Prices.—As the price structure of meat has been recently investigated by the Royal Commission on Food Prices, it has not been necessary to deal with the subject in this study. It is, however, of interest to note the changes in the general level of the wholesale prices of imported meat during the last 20 years, as taken from ex-stall returns of trade on Smithfield Market. (a) Chilled and Frozen Beef —Smithfield beef prices have varied to a greater extent than those of either lamb or mutton. [n 1905, Argentine chilled hindquarters were 4d. to 41d. per lb. There were some declines, but the tendency was upward in the years immediately preceding the war and, by 1917, prices stood at about ls. No supplies were offered after that year until the snd of 1919, frozen beef taking the place of chilled on the market because it could be more closely packed. In 1920, the price of chilled beef was again about ls., but, by 1922, it had dropped to about 6d., forequarters during the same period dropping from an average of about 81d. to 3}d. During 1924, hindquarters varied, on the average, from over 8d. to 4}d., and forequarters from over 5d. to below 2d: Chilled-beef prices are exceedingly unstable, and hindquarters may vary as much as 3d. per lb. in a fortnight. Australian frozen beef, in 1905, averaged about 3d. for hind- quarters and 21d. for crops (i.e., the forequarter without the brisket, which is cut off before the beef is exported). Here, too, there was an upward tendency before the war which was emphasised after war broke out. In 1920, Australian hindquarters were sold at over 11d. per lb., but the average price, during 1921, was just over 6d. and, during 1922, about 4}d. During the same years, crops dropped from about 81d. to 4}d. and then to about 3d., though, during the course of each year, prices were, at times, considerably below these figures; indeed, the price was frequently merely nominal. Argentine frozen beef prices are usually slightly higher than Australian, those of New Zealand being about the same as Australian. Since 1923, frozen beef prices have been rising and, during 1924, Australian hind- quarters varied between 41d. and slightly over 51d. (b) Lamb and Mutton.— Twenty years ago New Zealand lamb averaged about 51d. to 51d. per 1b. By 1909, the price had risen to about 6d. and, after a drop to below 5d. in that year—due to a sudden increase in total supplies—steadily rose to over 63d. in 1914. During the war, prices soared and averaged over ls. 1d. in the year 1918. During 1924, prices varied from below 11d. to over ls. 11d., the average for the year being about 113d. Australian and Argentine lamb are roughly 1d. per lb. less in price than New Zealand. New Zealand mutton which, 20 years ago, was about 41d. to 41d. per lb., varied, in 1924, from an average of 7d. to 9d. per lb., Argentine mutton being about id. and Australian mutton about 1d. less.

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