Meat List is a service of FAO’s Trade
and Markets Division
The FAO Meat Price Index* averaged 171.6 points in December, marginally below
its slightly revised value of November. International price quotations for bovine meat fell, pressured by increased offerings in both domestic and international markets. However, pig, poultry and ovine meat quotations changed only little, reflecting an overall
balanced supply and demand situation. For the year, the FAO Meat Price Index averaged 170 points in 2017, up 9 percent from 2016 but 4.7 percent below the average for the preceding five years (2012-2016). In 2017, ovine meat prices recorded the largest increase,
followed by those of pigmeat, poultry and bovine meat.
* 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.