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Forum on national and international markets for livestock and meat products

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Sender: Forum on national and international markets for livestock and meat products <[log in to unmask]>
From: Meat-Moderator <[log in to unmask]>
Date: Thu, 5 Jul 2018 14:04:11 +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 169.8 points in June, up marginally (0.3 percent) from May but still down 3.3 percent from June 2017. The small month-on-month increase was largely driven by an upswing in ovine meat values as well as a small rise in pig meat prices, while bovine and poultry price quotations fell slightly. Solid import demand, amid weak offerings from Oceania, led to higher ovine meat prices, while firm demand, especially in Europe, supported higher pigmeat prices. Large export supplies from Australia underpinned the decrease in bovine prices, whereas ample export availabilities, especially from Brazil, amid weak import demand, pushed down poultry prices.

* 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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