October 9, 2023

 

September's FAO Meat Price Index dipped 1.2 points from August

 

 

 

The FAO Meat Price Index averaged 114.2 points in September, down 1.2 points (1.0%) from August, marking the third consecutive monthly decline and 6.1 points (5.0% from its value a year ago.

 

International pig meat prices fell, underpinned by weak import demand from leading importing countries, especially China, and ample global export availabilities.

 

Global poultry meat prices also dropped, reflecting abundant supplies in leading global suppliers, especially Brazil.

 

Strong import demand for lean bovine meat, especially in the United States, led to a rebound in international bovine meat prices, notwithstanding high export supplies from Brazil and Australia.


- FAO

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