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International Meat Prices Fall as Supplies Grow

22 Jun 2015

• 22 Jun 17:43

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The latest FAO food outlook shows meat prices falling as production grows and input costs fall.Meat prices have fallen in the first four months of 2015, according to the latest Food Outlook published by the FAO. This comes as global meat production is anticipated to continue expanding, at around 1.3 per cent in 2015, 4 million tonnes up on 2014. Meat production is being driven by expansion in the pig and poultry sectors. As lower input costs, for example low feed costs from good global cereal and grain harvests, have supported increasing supply, finished prices have remained proportionately low. With expansion of meat production predominantly in regions where. Read more...