The FAO Meat Price Index averaged 127.8 points in September, up 0.9 points (0.7%) from its revised August level and 7.9 points (6.6%) from a year earlier, reaching a new record high.

Bovine meat prices climbed to an all-time high, supported by strong demand in the United States of America, where limited domestic supplies and favourable price differential continued to encourage imports, especially from Australia, where prices rose. Brazilian bovine prices increased as well, underpinned by robust global demand, offsetting reduced access to the United States of America following the imposition of higher tariffs.

World ovine meat quotations surged on the back of solid global import demand amid limited export availability from Oceania.
Pig meat prices were steady, as firmer demand for Brazilian pig meat from alternative markets offset reduced purchases by China. In the European Union, the impact of new tariffs imposed by China on pig meat export prices remained limited.

Poultry meat quotations remained firm, reflecting relatively balanced global markets, despite import restrictions related to localized outbreaks of high pathogenicity avian influenza.
October 3, 2025/ FAO.
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