Global meat prices slip in December
By Oscar Rousseau, GlobalMeatNews
International meat prices dropped last month, according to the United Nationís Food and Agricultural Organizationís (FAO) Food Price Index.
Prices slipped slightly in December 2017, after remaining unchanged for the previous two months, according to the FAO.
The FAOís Meat Price Index was marginally below November 2017, after falling due to price pressure on beef, which had been building as the global supply of beef increases.
A greater drop in meat prices was mitigated by the small change in pig, poultry, and lamb prices, reflecting a good supply and demand climate for meat importers and exporters. While there was a drop, prices are still up 9% year-on-year, but still slightly below the average value for the previous five years.
FAOís Meat Price Index is...
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