The fall in world meat prices continues in the 2nd half, according to FAO

Pork did not escape the process and also retreated, but this was the first occurrence after four successive months of highs. In any case, the decrease registered in relation to the previous month (-2.89%) was the sharpest among the three meats, as the price of beef fell by 0.79% and that of chicken meat by only 0.29%. . Note, however (graph below), that the most significant annual losses have been affecting beef: its average price, in October, was almost 3% below that recorded a year ago, in addition to being at the lowest level of the last 16 months. This, it should be noted, after having reached, last March, a record price. On the other hand, pork and chicken remain with a positive annual evolution – of 16.74% and 17.95%, respectively. On average for the year and compared to the same 10 months in 2021, the best result has been achieved by chicken, with an appreciation of almost 22%. That of beef was around 13.5% and that of pork was only 5.5%. Justifying the fall in prices ...