Trade and markets
 

Meat


The FAO Meat Price Index - July 2018

The FAO Meat Price Index averaged 170.7 points in July, down 3.3 points (1.9 percent) from its revised value for June. The June upward revision primarily reflects a sharp rise in bovine meat prices from Brazil, caused by a decline in exports following logistical problems due the prolonged truck drivers’ strike. In July, the Index shed few points, in part due to a gradual normalization of meat exports from Brazil. Overall, price quotations for bovine meat fell, while those of pig and poultry meat also weakened. However, ovine meat prices increased marginally on strong import demand, especially from China and the United States.

* Unlike for other commodity groups, most prices utilised in the calculation of the FAO Meat Price Index are not available when the FAO Food Price Index is computed and published; therefore, the value of the Meat Price Index for the most recent months is derived from a mixture of projected and observed prices. This can, at times, require significant revisions in the final value of the FAO Meat Price Index.

Meat and Livestock Market Network (MLMN) (E-mail forum on Livestock and Meat) To subscribe to the network, please send an e-mail to listserv@listserv.fao.org leaving the subject blank and then put in the first line of the message the following: subscribe Meat-L