Global Meat Prices Steady in July22 August 2013
GLOBAL – Global meat values stood still last month as a fall in pork and poultry prices cancelled out gains in beef and lamb.
Meat averaged 173.3 points last month despite higher beef and lamb prices, according to the latest monthly update from the World Food and Agriculture Organisation.
An FAO spokesperson said: “Overall, there are signs that international prices for meat are weakening in the face of reduced import demand – especially from Asian countries – reflecting production growth and, in some cases, a build-up of domestically produced meat inventories.”
TheMeatSite News Desk