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Meat-Moderator <[log in to unmask]>
Thu, 2 Dec 2021 09:53:58 +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 109.8 points in November, down 1.0 point (0.9 percent) from October, falling for the fourth consecutive month, though still 16.5 points (17.6 percent) above its value in the corresponding month a year ago. In November, international quotations for pig meat fell for the fifth consecutive month, underpinned by reduced purchases by China, especially from the European Union. Ovine price quotations also fell steeply on increased exportable supplies, mainly from Australia. Meanwhile, international bovine meat prices remained stable, as decreased quotations for Brazil's meat were offset by higher Australian export values, reflecting low cattle sales for slaughter amid high herd-rebuilding demand. Poultry meat prices were also largely stable, as global supplies seemed adequate to meet demand, despite supply-side constraints, especially shipping container shortages and avian flu in Europe and Asia.


* 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.



Graphs and tables<https://www.fao.org/fileadmin/templates/est/COMM_MARKETS_MONITORING/Meat/Documents/Indices/FAO_Meat_Price_Indices.xlsx>





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