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 - October 2015
The FAO Meat Price Index* averaged 168.8 points in October, essentially the same level as in September, prolonging an extended period of overall stability that has been evident since March 2015. Of the meats covered, only ovine meat registered a substantial change, rising by 8 percent – due to constrained export availability in Oceania; prices of the other categories of meat were little changed.
* 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.
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