Meat List is a service of FAO’s Trade
and Markets Division
Thanks Emanuele,
It’s a good concept. Comments:
1.
Be useful to show different prices as well as the consolidated index. That is prices for poultry, bovine, ovine and pig. Can fish also be included?
2.
Live animal trade. The absence of live animal trade which has been growing may bias the index towards those that are not subject to trade in live animals and away from cattle and sheep which are traded
live.
3.
May be useful to update the index base year more regularly, say every 5 years. 2002-04 trade shares are now more than 12 years back.
Regards
David Michael
From: Meat-Moderator
Sent: 19 October 2016 11:23
To: [log in to unmask] <[log in to unmask]>
Subject: FAO Meat Price Index - September
Meat List is a service of FAO’s Trade
and Markets Division
The FAO Meat Price Index* averaged 163.5 points in September, essentially unchanged from August. Since January, when it hit a five-year low, the Index has risen by 12.6 percent. The largest increase for the year so far has been
recorded for pigmeat, followed by ovine and poultry meat, while bovine meat experienced only a limited rise. Firm international demand, in particular from Asia, underpinned pigmeat and poultry meat prices, while reduced international supplies reinforced those
of ovine meat. Meanwhile, a recovery in bovine meat production in the United States has reduced the need for imports, contributing to a restrained international price rise for this commodity.
* Unlike for other commodity groups, most prices utilized 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
which could in turn influence the value of the FAO Food Price Index.
Kind regards,
Emanuele
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