News

World prices for poultry meat are moving up

Meat
Australia
Brazil
Ukraine
United States
Published Jun 3, 2023

Tridge summary

In May, the average value of the FAO meat price index reached 117.9 points, which is 1% higher than the April level. But despite the growth, which continues for the fourth month in a row, its value is still 4.1% lower than in May 2022. This was reported to the FAO. Another increase in international meat prices was recorded in May [...]

Original content

In May, the average value of the FAO meat price index reached 117.9 points, which is 1% higher than the April level. But despite the growth, which continues for the fourth month in a row, its value is still 4.1% lower than in May 2022. This was reported to the FAO. Another increase in international prices for poultry meat was recorded in May. This is due to continued high import demand, particularly in Asia, and some fears over possible short-term supply problems due to the emergence of large outbreaks of bird flu. International beef prices edged up slightly, helped by a consistently strong cattle slaughter in Australia amid increased global demand for supplies from Brazil and tight supply in the US. Pork prices also increased slightly in May. Although the upward movement continues for the fourth month in a row, which is due to limited supply due to rising production costs and the spread of ...
Source: Agrotimes
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