International

Global meat prices report a year-over-year increase in January

The FAO food price index has been stable in January 2018 from December 2017 and reported a modest increase of 0.2 points to 169.5 points, meaning a 3% decline compared to the previous year, according to AHDB trainee analyst, Abigail Schofield.

Posted on Feb 08 ,15:09

Global meat prices report a year-over-year increase in January

 

The AHDB analyst says the meat price index was up by 0.3 points to 170.06, but it increased by 7% compared to the corresponding period from last year.

Furthermore, due to strong demand especially from Asia and the Middle East, the sheep market rose.

Meanwhile, reduced supply for Oceania translated to slight increases in beef meat prices.

Pig meat and poultry products fell slightly as export availabilities exceeded import demand.

6-fao-global-food-price-index-chart_1

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

USA

USMEF: We have to rebuild the market for US beef in Saudi Arabia

EUROMEATNEWS.COM: How was the US beef production in 2017? What will 2018 bring in terms of meat p...


Read more Read more
Middle East

A new approach on food-issues from the Gulf countries

Meat consumption in the area is resumed at red meat, poultry, camel, beef, and buffalo ...


Read more Read more
Canada

Halal market in Canada is expanding fast

For Alberta’s Department of Agriculture, halal economic opportunities have become...


Read more Read more
Websolutions by Angular Software and SpiderClass