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Thu, 3 Dec 2020 10:03:30 +0000
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Meat List is a service of FAO's Markets and Trade Division<http://www.fao.org/economic/est/est-commodities/meat/en/>


The FAO Meat Price Index* averaged 91.9 points in November, up 0.8 points (0.9 percent) month-on-month, marking the first increase since January, but still 14.6 points (13.7 percent) below its value in the corresponding month last year. International bovine meat prices increased, after four months of consecutive declines, due to robust demand from China and tight supplies from Oceania. Pig meat prices recovered slightly, underpinned by a fast pace of purchases by China amidst low availability of slaughter-ready animals in Brazil, while Germany and Poland remained banned from exporting to the Asian markets over African swine fever outbreaks.  Ovine meat prices also rose, mainly because of firm import demand from China and low supplies from Oceania. By contrast, poultry meat quotations fell, reflecting increased shipments from leading producers amidst subdued international import demand.


* 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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