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Meat-Moderator <[log in to unmask]>
Thu, 6 Sep 2018 11:01:19 +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 166.3 points in August, only slightly changed from the revised value for July but 4.6 percent below its level in the same month last year. The meat price index values for June and July were adjusted significantly, primarily on recent official Brazilian downward revisions to bovine meat export data for those months. In August, increases in the price quotations of pigmeat and ovine meat were offset by slight decreases in poultry and bovine meat quotations. Price quotations of ovine meat strengthened for a third consecutive month on solid import demand amid continued weak offerings from Oceania, while those of pigmeat increased due to strong import interests from China amid slow supply responses in Europe. High export availabilities from the United States underpinned bovine price weakness, while weakening import demand caused poultry values to drop.

* 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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