Meat Market Review: Price and policy update

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FAO ;

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The FAO Meat Price Index fell in July, resulting from declines in price quotations for pig and bovine meats, overshadowing a recovery in the prices of poultry meat and an increase of those of ovine meat. High export availabilities, amid weak global import demand, underpinned pig and bovine meat price falls. Brazil’s production cuts were principally behind the recovery in poultry meat prices. Subdued demand for ovine meat put a break on the sharp price increases registered in previous months. Government responses to COVID-19 and animal diseases dominated the global meat policy landscape in the first six months of 2020.

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