Wednesday, July 6, 2016

FAO OECD outlook 2016-2015 Meat chapter


FAO OECD released their 2016-2025 outlook for agricultural commodities and the meat chapter is linked here

The full report is linked below.

The world price graphic above shows the sharp rise in meat protein prices globally and the current correction underway. New Zealand lamb is used as the indicator for that product and USA cattle and hogs prices. Interestingly, Brazil poultry is used as the indicator for that product. Brazil being a major international exporter and all proteins represent a reasonable share of global trade in their indicators.

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