New FAO Meat Price Index
The FAO Meat Price Index has been revised to better reflect the structure of world trade in meat products...
The FAO Meat Price Index - August 2014
The FAO Meat Price Index averaged 207.3 points in August, 2.5 points (1.2 percent) more than its revised value for July and 25 points (14 percent) above last year. The increase principally reflected a strong rise of bovine meat prices in Australia, where herd rebuilding has reduced export supplies, and continued strong import demand in Asia, particularly China. Average quotations for poultry were little changed, while those for porcine and ovine meat fell back somewhat.
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