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

Poland

Polish farmers to get affordable loans

Last week, Polish National Center for Agricultural Support (KOWR) launched a new line of loans as...


Read more Read more
Russia

Miratorg to invest $57.8 million in its pig farms in Bryansk

The company announced that the current capacity of the facilities is 6.8 thousand sows. The capa...


Read more Read more
Poland

Poland's pork production on an upward trend

The growth was based on a rise in slaughterings during the mentioned period, up 5% to a total of ...


Read more Read more
Websolutions by Angular Software and SpiderClass