In terms of livestock production, pork production in the US has slightly decreased but overall increased from January to August. US pork exports have increased, while Brazil's exports have decreased. US pork prices have continued to fall, reaching the lowest level in recent years.
Similarly, chicken meat production in the US has decreased slightly but overall increased from January to August. US chicken exports have increased, as well as Brazil's exports. US chicken prices have stopped falling and have risen in September, while Brazilian chicken prices continue to rise.
Beef production in the US has decreased, and both Brazil and US beef exports have decreased. However, Australia's beef exports have increased. US beef prices have continued to rise, while Brazilian live cattle prices have reached the lowest level in nearly 3 years.
Australian mutton prices have been consistently falling.
The FAO meat price index has fallen in September, with prices for pork, poultry, and mutton decreasing, while beef prices have increased. Overall, it is expected that meat prices will remain low in the fourth quarter, with pork prices continuing to fall, poultry prices remaining on a downward trend, and beef prices rising slightly due to increased global import demand. Mutton prices are expected to continue falling.