Meat prices are rising worldwide

In April, global pork price quotations rose primarily due to increased import purchases from Asian countries and limited supplies from several leading exporting countries due to rising production costs and animal HEALTH concerns.

At the same time, world prices for  poultry MEAT resumed their upward movement after a fall that lasted 9 months. The reason is the growth of import demand from Asian countries, while supply is limited in many regions due to the spread of outbreaks of bird flu.

Beef prices have also risen  due to reduced supply of slaughter animals, especially in  the United States .

Lamb prices were mostly stable in April, as the increase in EXPORT supply from Oceania countries was almost in line with the increase in imports from Asia and the Middle East.

FAO notes that most of the prices for the FAO Meat Price Index were not known at the time of calculation and release. Therefore, the value of the FAO Meat Price Index for recent months is based on a combination of forecast and actual prices.