What does the cryptic crossword clue "Lamb, say, understood encounter as stated (3,4)" mean?

The wordplay uses a homophone (sounds like). Sounds like (as stated) read (understood) meet (encounter) The answer is REDMEAT.

Lamb, say, understood encounter as stated (3,4)

Guardian Cryptic #29317 | 9 Across | 2024-02-28 flower