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The FAO Meat Consumer price index balanced 114.6 factors in August, down 3.6 factors (3.0 percent) from July and also 6.5 factors (5.4 percent) from its worth a year earlier. Global rates of all meat kinds dropped in August, with the steepest decline signed up for ovine meat, mostly underpinned by a rise in export accessibilities, mostly from Australia, and also weak need from China. Pig meat rates decreased, driven mostly by restrained import need from leading importers, in tandem with plentiful export accessibilities in Europe amidst restricted inner sales. Globe chicken meat rates remained to lower in August, mostly underpinned by plentiful products, specifically from Brazil, regardless of huge acquisitions by a number of leading importers in East Asia and also the Center East. Bovine meat rates dropped reasonably as a result of sufficient products of slaughter-ready livestock in a number of leading generating nations and also restrained import need, specifically in North Asia.
September 8, 2023/ FAO.
https://www.fao.org
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