Meat List is a service of FAO’s Trade
and Markets Division
The FAO Meat Price Index* averaged 172.4 points in August, down 2.1 points
(1.2 percent) from its slightly revised value for July. At this level, the index is 8.5 percent above the level recorded last January and 18.7 percent below its peak reached in August 2014. While international prices of bovine meat declined, those of pig,
ovine and poultry meat were virtually unchanged. The decline in bovine meat quotations reflected increased export supplies from Australia and prospects for increased domestic supplies in the United States. While significant import demand was evident for ovine,
pig and poultry meat, supplies from the main producing regions were generally adequate.
* 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.
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