Growth will be modest on the meat market in 2013
Global meat production is expected to grow modestly in 2013, to reach 308.2 million tons, according to the FAO report "World Economic Outlook," released today. This would be an increase of 4.3 million tons compared with 2012 (1.4%). According to the organization, many countries continue to struggle with high prices of animal feed - although feeding of animals remains at historically high levels, it began a downward trend in the second half of 2012 that has continued this year. "This fact," says the FAO, "offers better profit outlooks in meat production, especially in the pig and poultry markets, which depend more on fee."
The report says that meat production will grow more vigorously in developing countries, where demand for animal protein is rising sharply. Regarding prices, the outlook has been maintained at current levels - considered high. The FAO price index for May this year was 179, in the medium range of 177 to 179 that has been recorded since October 2012. Finally, the FAO report estimates that meat exports will total 30.2 million tons in 2013, which would be an increase of 1.1% compared with 2012.
Information provided by Valor Econômico