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Date: Thu, 2 Apr 2020 10:58:46 +0000
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Meat List is a service of FAO’s Trade and Markets Division<http://www.fao.org/economic/est/est-commodities/meat/en/>


The FAO Meat Price Index* averaged 176.0 points in March, down 1.0 points (0.6 percent) from February, falling for a third consecutive month, though still 11.6 points (7.0 percent) above its level in the corresponding month last year. In March, international quotations for ovine and bovine meats continued to fall, reflecting large export availabilities, especially in Oceania, as producers offloaded herd stocks earlier than anticipated, while imports eased in the face of logistic bottlenecks moving products overseas. By contrast, pig meat quotations rose due to overall market tightening, as internal and foreign demand surged, while logistical problems and restrictions on the movement of workers affected meat processing. Poultry meat quotations remained largely stable, as supplies were adequate to meet current import demand, although exports began to show signs of slowing.

* 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<http://www.fao.org/economic/est/est-commodities/meat/en/>



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