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FAO Meat Price Index

August 2025

06, Sep 2025
The FAO Meat Price Index* averaged 128.0 points in August, up 0.7 points (0.6 percent) from July and 5.9 points (4.9 percent) from a year ago, marking a new all-time high. The rise was driven by continuing higher bovine and ovine meat prices, which outweighed largely stable pig meat quotations and lower poultry meat prices. International bovine meat prices reached a new record high, underpinned by strong demand from the United States of America, which boosted Australian quotations, and firm import demand from China, which kept Brazilian export prices firm despite reduced sales to the United States of America following the imposition of additional tariffs. Ovine meat prices rose for the fifth consecutive month, reflecting tight export supplies in Oceania, with higher volumes directed to more lucrative markets, notably the United Kingdom of Great Britain and Northern Ireland and the United States of America. World pig meat prices remained broadly steady amid balanced global demand and supply conditions. By contrast, poultry meat quotations declined, pressured by ample exportable supplies from Brazil. Although Brazil declared its commercial poultry farms free of high pathogenicity avian influenza in mid-June, import restrictions maintained by some major trading partners continued to affect demand. * 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.

Meat List is a service of FAO's Markets and Trade 


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