International meat prices experienced their seventh consecutive annual decline in the first month of the year, slightly below December's figures, but still 1.3% higher than January 2022 prices. This decrease is due to lower demand from China and increased meat supply in key production regions like Brazil and the United States for pork, high export availability for poultry, and increased global offering of beef processing bulls, particularly in Oceanía. Additionally, prices for dairy products fell by 1.4% from the previous year, hitting a 12-month low due to decreased production of butter and milk powder.