The FAO Meat Value Index averaged 109.8 issues in January, down 1.5 issues (1.4%) from December, marking the 7th consecutive per thirty days decline and status 1.3 issues (1.2%) underneath its corresponding price closing yr.
Global worth quotations for poultry meat fell additional in January, underpinned through power subdued world call for and considerable exportable availabilities in main exporting nations. In a similar fashion, pig meat quotations declined moderately because of a drop in import purchases through China consistent with emerging nationwide pig meat manufacturing and ample provides from some generating nations. Global bovine meat costs additionally fell marginally, essentially reflecting prime export provides from Oceania and South The usa. In contrast, world ovine meat costs higher on prime world import call for and decrease provides of animals for slaughter in Oceania as contemporary rains have incentivised farmers to retain animals longer.
February 2, 2024/ FAO.
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