X
XLinkedinWhatsAppTelegramTelegram
0
Read this article in:

Global meat prices decline for third straight month

The FAO Meat Price Index was down in October with international quotations for pig meat also falling.

FAO Meat Price Index by year. Source: FAO.
FAO Meat Price Index by year. Source: FAO.
8 November 2021
X
XLinkedinWhatsAppTelegramTelegram
0

The FAO Meat Price Index averaged 112.1 points in October, down 0.8 points (0.7%) from its revised value in September, marking the third monthly decline, though still 20.3 points (22.1%) above its value in the corresponding month last year.

In October, international quotations for pig meat fell, principally underpinned by reduced purchases from China. Bovine meat prices also fell, reflecting a sharp decline in quotations for supplies from Brazil amid market uncertainty surrounding import suspensions by its leading trading partners over mad-cow disease concerns. By contrast, poultry meat quotations rose, boosted by high global demand, while production expansions remained weak due to high feed costs and avian flu outbreaks, especially in Europe. World ovine meat prices also increased slightly on continued supply limitations from Oceania due to high demand for flock rebuilding.

November 4, 2021/ FAO.
https://www.fao.org

Article Comments

This area is not intended to be a place to consult authors about their articles, but rather a place for open discussion among pig333.com users.
Leave a new Comment

Access restricted to 333 users. In order to post a comment you must be logged in.

You are not subscribed to this list Swine News

Swine industry news in your email

Log in and sign up on the list

Related articles