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FAO meat price index down marginally in October

International pig meat prices fell the most, reflecting increased slaughter in Western Europe amid weak domestic and foreign demand.

13 November 2024
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The FAO Meat Price Index averaged 120.4 points in October, down marginally (0.3%) from the revised September value and 8.4 points (7.5%) above its level a year ago.

FAO meat index. Source: FAO.
FAO meat index. Source: FAO.

International pig meat prices fell the most, reflecting increased slaughter in Western Europe amid weak domestic and foreign demand.

FAO pig meat index. Source: FAO.
FAO pig meat index. Source: FAO.

World poultry meat prices fell slightly, pressured by higher export supplies from major global producers. World ovine meat prices remained largely stable, as rising global demand offset a surge in new season supplies from Oceania. By contrast, international price quotations for bovine meat increased moderately, underpinned by stronger international purchases.

November 8, 2024/ FAO.
https://www.fao.org/

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