The FAO Meat Value Index averaged 117.9 issues in June, just about unchanged from Might, as will increase in global quotations for poultry and pig meats had been just about offset by means of declines in the ones for bovine and ovine meats. Then again, in comparison to its worth in June of final yr, the index was once down 8.1 issues (6.4%).
Global poultry meat costs greater additional, reflecting top import call for from East Asia, particularly for provides from Brazil, amidst the continuing provide demanding situations stemming from standard avian influenza outbreaks. In the meantime, pig meat costs greater, underpinned by means of lingering tight provides in main generating areas, particularly the Eu Union. Against this, global bovine meat costs fell reasonably because of greater exportable availabilities, particularly in Australia. In a similar way, ovine meat costs additionally fell on top provides from Oceania.
July 7, 2023/ FAO.
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