Meat products more expensive in 2024–FAO report

Quick Summary:

Prices of meat products were higher last year as production could not keep with robust demand from key meat-importing countries, according to the Food and Agriculture Organization of the United Nations (FAO).

By contrast, FAO said pig meat prices declined, underpinned by weaker-than-expected consumer demand in the European Union ahead of the winter holidays.

The FAO Vegetable Oil Price Index in December declined by 0.5 percent from November though still 33.5 percent higher than its year-earlier level.

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Author / Journalist: BusinessMirror

Category: BusinessStartups

Markets: PhilippinesAustraliaBrazilChina

Topics: Percent Prices 2024 2023 Points Index Demand Higher Price Meat Averaged

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-05 @ 16:10:00 (4 days ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 518 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 37 words per sentence (average)

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Copyright Owner: © Business Mirror

News ID: 24906122

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