Global pork price quotations rose in April primarily because of increased import purchases from Asian countries and limited supplies from several leading exporting countries due to rising production costs and animal health concerns.
At the same time, global poultry prices resumed their upward movement after a nine-month decline. The reason is the growth of import demand from Asian countries, while in many regions the supply is limited due to the spread of outbreaks of poultry influenza.
Beef prices also rose due to reduced supply of slaughtered cattle, especially in the United States.
Lamb prices were mostly stable in April as increased export supply from Oceania almost matched increased imports from Asia and the Middle East.
FAO notes that most of the prices used to calculate the FAO Meat Price Index were unknown at the time of calculation and release. Therefore, the value of the FAO meat price index in recent months is derived from a combination of projected and actual prices.
PigUA.info by bizagro.com.ua