World meat prices rise for the third month in a row
Photo is illustrative in nature. From open sources.
World MEAT prices continue to rise for the third month in a row . A recent monthly survey by the Food and Agriculture Organization of the United Nations (FAO) showed that meat prices rose 1.6% in April. Although this value is lower than in April 2023, the average value of the price index was still 116.3 points, which is 1.9 points (1.6%) higher than the March figure. International poultry
prices have increased, especially due to stable import purchases from countries in the Middle East. This is due to production problems caused by outbreaks of avian influenza. Beef prices also increased due to strong demand from major importing countries despite increased domestic supply. On the other hand, lamb prices have recovered slightly due to expected tighter supply in Oceania. However, global pork prices fell slightly, reflecting weak domestic demand in Western Europe and persistently weak demand from leading importers, especially CHINA . In addition to meat, there is also an increase in prices for vegetable oils and grains, although to a lesser extent. The overall food price index in April amounted to 119.1 points, which is 0.3% higher than in March. However, the values of price indices for SUGAR and dairy products decreased. These data demonstrate the dynamics of global markets and the importance of taking into account the factors influencing the prices of meat and other products. Experts continue to analyze the situation and predict possible changes in the future.
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