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Forum on national and international markets for livestock and
meat products < [log in to unmask]> |
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Fri, 4 Mar 2022 17:40:07 +0000 |
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Meat List is a service of FAO's Markets and Trade<http://www.fao.org/economic/est/est-commodities/meat/en/>
The FAO Meat Price Index * averaged 112.8 points in February, up 1.2 points (1.1 percent) month-on-month and 15.0 points (15.3 percent) from its level a year ago. In February, international bovine meat quotations reached a new record high, driven by strong global import demand amidst tight supplies of slaughter-ready cattle in Brazil and high demand for herd rebuilding in Australia. Pig meat prices also edged up, reflecting increased internal demand and scaled-back hog supplies in the European Union and the United States of America. Quotations for ovine meat weakened for the fourth consecutive month due to high exportable supplies in Oceania. Meanwhile, poultry meat prices fell slightly due to reduced imports by China following the end of the Spring Festival and lower domestic demand in Brazil.
* 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.
Tables and graphs<https://www.fao.org/fileadmin/user_upload/est_new2020/xlsFileToUpload/Indices/FAO_Meat_Price_Indices.xlsx>
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