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The FAO Meat Price Index down slightly

Year-on-year, the index is down 9.5 points (9.4 percent) from its value in the corresponding month last year.

9 October 2020
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The FAO Meat Price Index averaged 91.6 points in September, down slightly (0.9 percent) from August, continuing the general declining trend observed since January this year. Year-on-year, the index is down 9.5 points (9.4 percent) from its value in the corresponding month last year. In September, quotations for pig meat fell, partly influenced by China’s decision to impose a ban on imports from Germany following the detection of African swine fever (ASF) among wild boars, while ovine meat prices waned on high seasonal supplies from Australia. By contrast, quotations for poultry meat rose, underpinned by the fast pace of international sales and limited exportable supplies from Brazil. Bovine meat prices remained stable, as an increase in the quotations of Brazilian products was nearly offset by a decline in those from Australia, largely reflecting the underlying import demand conditions facing each market.

8 october 2020/ FAO.
http://www.fao.org

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