According to FAO estimates, global pork prices rose sharply, primarily due to higher quotations in the European Union amid strengthening seasonal demand. Beef prices also showed positive dynamics, particularly driven by developments in Brazil, where limited cattle availability constrained exportable supplies against a backdrop of strong global demand.
Meanwhile, lamb prices declined due to increased export supplies from New Zealand. This decrease was partially offset by higher prices in Australia, where demand in key markets remains stable despite trade restrictions and logistical challenges.
Global poultry prices also edged lower, reflecting weaker quotations in Brazil amid abundant supply and steady import demand, as well as shifts in logistics routes to Middle Eastern markets.
Analysts note that current developments highlight diverging trends in the global meat market, where both seasonal demand factors and regional production and trade conditions play a key role.
PigUA.info based on euromeatnews.com