Chicken Meat Price Index Hits Record High

 The FAO Meat Price Index shows that in June this year, the price of chicken meat reached its highest level since records began in 1990.

According to the Food and Agriculture Organization (FAO), the poultry meat index is 130.39 points, up 28.9% from June 2021.

It was also up 4.5% last month at 124.74, in contrast to the FAO General Food Price Index, which fell slightly from 157.9 in May to 154.2 in June 2022.

The world food price barometer fell slightly in June for the third month in a row, the FAO said.

World prices for all types of meat have risen, while poultry prices have risen sharply to historic highs. The reason is the constant tense global supply conditions, which were affected by the Ukrainian crisis and outbreaks of bird flu in the northern hemisphere.

According to Ricardo Santin, president of the ABPA (Brazilian Animal Protein Association), global food inflation, production costs and bird flu outbreaks in various parts of the world have had a direct impact on the outcome of Brazilian chicken meat exports. “International markets face difficulties in maintaining local levels of production. As a countermeasure, they require large volumes from reliable partners who produce organic products, such as Brazil,” says Santin.