Meat List is a service of FAO’s Trade
and Markets Division
The FAO Meat Price Index* averaged 161.5 points in November, essentially unchanged from its revised value for October. Lower prices for ovine meat, pigmeat and chicken meat were counter balanced by a rise in bovine meat quotations.
Adequate availability of pigmeat within the EU, ahead of the peak season for ovine meat production in Oceania and a continued downward drift in chicken meat prices contributed to quotations for these commodities falling back somewhat. Conversely, tighter
domestic supplies of bovine meat in Australia caused export quotations from this source to increase.
* 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