FAO: World meat prices increased slightly in March

Published 2023년 4월 14일

Tridge summary

UN[/INST] The Food Price Index by the United Nations' Organization for Food and Agriculture (FAO) showed a slight increase in world meat prices in March, but a 5.3% decrease compared to the previous year. Bovine and pork meat prices rose, while poultry and sheep meat prices fell. Dairy prices also decreased, with cheese and powdered milk prices contributing to the decline, despite a rise in butter prices. The food price index dropped for the twelfth month in a row, largely due to decreases in cereals, vegetable oils, and dairy products, while sugar and meat prices increased.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

World meat prices increased slightly in March (0.8%) compared to the previous month but decreased 5.3% compared to last year at this time, according to the Food Price Index compiled by the Organization of the United Nations for Food and Agriculture (FAO). In the third month of the year, increases were registered in the prices of bovine and pork meat. By contrast, poultry meat prices fell for the ninth consecutive month on sluggish global import demand. Sheep meat prices also fell. On the other hand, world dairy prices decreased by 0.8% compared to February and 10.7% compared to the same month a year ago. The decline in March was due to lower prices for cheese and powdered milk, while prices for butter rose. The food price index prepared by the Food and Agriculture Organization of the United Nations (FAO) registered an average of ...

Source: Agropopular