World beef prices fell due to an increase in export supplies from Oceania and a decrease in import demand from Asian countries due to rising inventories and slowing sales in the domestic market.
Poultry prices also declined slightly as a result of increased supplies from major exporting countries and despite the effects of bird flu outbreaks in major production regions.
Lamb prices fell for the third month in a row, driven by large supply in Oceania and lower demand from major importers, including China and Western Europe.
World pork prices, on the other hand, have been rising for the sixth month in a row due to limited supply in Western Europe and the United States and high seasonal demand.
FAO emphasizes that most of the prices used to calculate the FAO Meat Price Index were unknown at the time of calculation and publication. Therefore, the value of the FAO Meat Price Index for recent months is based on a combination of forecasted and actual prices.
PigUA.info by materilas agrotimes.ua