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 - July 2014
The FAO Meat Price Index averaged 204.8 points in July, 3.7 points (1.8 percent) more than its revised value in June and 25.4 points (14.1 percent) above last year. The increase was principally due to a strong rise of bovine meat prices in Australia, where herd rebuilding has reduced export supplies, and continued strong import demand in Asia, China in particular. Average quotations for poultry and ovine meat also rose, while those for pig meat fell back somewhat from the all-time high registered in June.
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