FAO Meat Price Index, Settembre, segno decrescente

Data: 08/10/2020

The FAO Meat Price Index* averaged 91.6 points in September, down slightly (0.9 percent) from August, continuing the general declining trend observed since January this year. Year-on-year, the index is down 9.5 points (9.4 percent) from its value in the corresponding month last year. In September, quotations for pig meat fell, partly influenced by China’s decision to impose a ban on imports from Germany following the detection of African swine fever (ASF) among wild boars, while ovine meat prices waned on high seasonal supplies from Australia. By contrast, quotations for poultry meat rose, underpinned by the fast pace of international sales and limited exportable supplies from Brazil. Bovine meat prices remained stable, as an increase in the quotations of Brazilian products was nearly offset by a decline in those from Australia, largely reflecting the underlying import demand conditions facing each market.

* Unlike for other commodity groups, most prices utilised in the calculation of the FAO Meat Price Index are not available when the FAO Food Price Index is computed and published; therefore, the value of the Meat Price Index for the most recent months is derived from a mixture of projected and observed prices. This can, at times, require significant revisions in the final value of the FAO Meat Price Index.


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