Trade and markets


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 - September 2015 

The FAO Meat Price Index* averaged 170.5 points in September, almost unchanged from the previous month. The Index has moved within a narrow range since March 2015. Over this seven-month period, prices of poultry declined, supported by lower feed costs, while strong demand, combined with limited supplies, caused those of bovine meat to rise; meanwhile, quotations for pigmeat were relatively stable. Prices of ovine meat showed more variation, in part reflecting seasonal supply.

* 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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