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FAO meat price index rose in March, driven by higher pig meat prices

Pig meat quotations rose in the European Union after Germany regained foot-and-mouth-disease-free status.

7 April 2025
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The FAO Meat Price Index averaged 118.0 points in March, up 1.0 point (0.9%) from the revised February value and 3.1 points (2.7%) from its year-earlier level.

FAO meat price index. Source: FAO.
FAO meat price index. Source: FAO.

The increase was primarily driven by higher pig meat prices, mainly due to rising quotations in the European Union after Germany regained foot-and-mouth-disease-free status, prompting key trading partners, such as the United Kingdom of Great Britain and Northern Ireland, to lift import bans. Rising demand contributed to stabilizing the market, while the strengthening of the euro against the United States dollar supported the upward trend.

FAO pig meat price index. Source: FAO.
FAO pig meat price index. Source: FAO.

Ovine meat prices also increased, supported by strong global demand ahead of the Easter holidays.

Similarly, world bovine meat quotations rose, reflecting tight global supplies and robust international demand.

Meanwhile, poultry meat prices remained largely stable, as global supply and demand remained balanced despite the continued challenges posed by widespread avian influenza outbreaks in some major producing countries.

April 4, 2025/ FAO.
https://www.fao.org/

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