Meat prices hit a record high: causes and consequences

Lamb prices have also continued to rise for four months due to limited supply from Oceania. Poultry prices have seen a moderate increase thanks to a recovery in export sales from Brazil. However , pork prices continue to decline due to oversupply in the European Union and declining interest from international buyers.

Rising meat prices could have a significant impact on producers and consumers. Farmers may see increased income, but high prices could negatively impact purchasing power in low-income countries. This could ultimately lead to a shift in consumer preferences toward alternative protein sources. The current meat market situation requires careful analysis to effectively respond to these changes.