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All-time high FAO meat price index in August

The rise was driven by continuing higher bovine and ovine meat prices, which outweighed largely stable pig meat quotations and lower poultry meat prices.

The FAO Meat Price Index averaged 128.0 points in August, up 0.7 points (0.6%) from July and 5.9 points (4.9%) from a year ago, marking a new all-time high.

International bovine meat prices reached a new record high, underpinned by strong demand from the United States of America, which boosted Australian quotations, and firm import demand from China, which kept Brazilian export prices firm despite reduced sales to the United States of America following the imposition of additional tariffs.

Ovine meat prices rose for the fifth consecutive month, reflecting tight export supplies in Oceania, with higher volumes directed to more lucrative markets, notably the United Kingdom of Great Britain and Northern Ireland and the United States of America.

World pig meat prices remained broadly steady amid balanced global demand and supply conditions.

By contrast, poultry meat quotations declined, pressured by ample exportable supplies from Brazil. Although Brazil declared its commercial poultry farms free of high pathogenicity avian influenza in mid-June, import restrictions maintained by some major trading partners continued to affect demand.

September 5, 2025/ FAO.
https://www.fao.org