The FAO Meat Price Index averaged 162.5 points in March, up marginally (0.6 points or 0.4 percent) from its revised value for February, continuing a trend of modest price volatility observed for several months.
In March, price quotations for pig, bovine and poultry meats received some support from a surge in import demand, especially from China, notwithstanding increased export availabilities from major suppliers. By contrast, price quotations for ovine meat retreated for the third month in a row because of continued large export availabilities from Oceania.
Thursday April 4, 2019/ FAO.
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