Prices of sheep and goat meat, on the rise in the world

Published 2021년 2월 8일

Tridge summary

Sheep meat prices have increased for the fourth month in a row, due to tight supplies in Oceania and strong demand from China and Southeast Asian countries. The Food and Agriculture Organization of the United Nations meat price index also increased for the fourth month in a row, averaging 96.0 points in January, an increase of 0.9 points (1.0%) compared to December 2020. The prices of all types of meat have been rising for some time, with poultry meat prices rising the most, especially Brazilian poultry meat, due to high global demand and limited exports from several European countries due to bird flu. Beef and pork prices increased slightly, despite China's significant purchases, as the world supply remained sufficient to meet demand.

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

Original content

Sheep meat prices have risen for the fourth consecutive month, driven by tight supplies in Oceania (Australia and New Zealand) and demand from China and other Southeast Asian countries remains very strong, largely due to problems pig supply, due to African swine fever. In general, the prices of all types of meat have been on the rise for some time now. Specifically, the FAO (Food and Agriculture Organization of the United Nations) meat price index, which this organization publishes every month, averaged 96.0 points in January, that is, a increase of 0.9 points (1.0%) compared to December 2020, which, despite representing the fourth consecutive month of increase, placed the index 7.6 points (7.3%) below the value recorded in the same month last year. The international prices of all types of meat that make up the index increased in January, with poultry meat being the ones that rose the most, especially in the case of Brazilian origin, supported by the great world demand for ...

Source: Agroclm