The FAO Meat Value Index averaged 112.9 issues in October, down relatively (0.7 issues, or 0.6%) from September, marking the fourth consecutive per month decline, and status 3.9 issues (3.4%) beneath its worth a 12 months in the past.
In October, world pig meat costs fell for the 3rd consecutive month, mainly pushed by way of the constantly gradual import call for, particularly from some East Asian nations, with additional downward force stemming from top exportable availabilities in some main providers.
In contrast, international poultry meat costs rebounded relatively, as avian influenza outbreaks persevered to constrain provides from a number of international main providers amid tough client call for because of the relative affordability of poultry meat.
World bovine and ovine meat costs additionally higher marginally, reflecting the chronic, tough import call for from some main importers, however considerable provides of bovine meat from Australia and Brazil and ovine meat from Oceania.
November 3, 2023/ FAO.
https://www.fao.org/