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Date: Fri, 5 Aug 2022 08:10:04 +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 124.0 points in July, down 0.6 points (0.5 percent) from June, marking the first month-on-month decline following six consecutive monthly increases. In July, world quotations for ovine meat dropped steeply, due to increased export availabilities from Australia amid high slaughter and expectations of increased lamb supplies, faced by lower import demand. Meanwhile, international bovine meat prices fell, reflecting increased export availabilities from major producing regions compared to global demand, while weak overall import demand kept pig meat prices stable despite the tight supply of slaughter hogs, especially in the United States of America. By contrast, international poultry meat prices reached an all-time high, underpinned by firm global import demand and tight global supplies on Avian influenza outbreaks in the northern hemisphere, notwithstanding recent increases in exports from Ukraine.



* 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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