IEG Vu is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

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

 

Topics

What to read next

UsernamePublicRestriction

Register

LL021506

Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel