The surge in the index was driven by higher prices across all major meat categories, except poultry.
- Beef prices reached a historic peak, driven by tight export supplies from Brazil and strong demand from the United States, which also pushed up export prices from Australia.
- Pork prices increased due to robust global import demand amid stable supply levels.
- Sheep meat prices continued their sharp rise for the third consecutive month, supported by steady international demand and reduced export availability from Oceania.
- In contrast, poultry meat prices declined further, pressured by ample domestic supplies in Brazil following export restrictions imposed after outbreaks of highly pathogenic avian influenza (HPAI) in mid-May.
However, the impact on poultry was partially mitigated later in the month. Brazil’s HPAI-free status was reinstated after a 28-day period without new outbreaks in commercial farms. As a result, several trade partners eased restrictions, leading to a gradual recovery in import demand for Brazilian poultry products.
Overall, June's record-high meat price index reflects ongoing market tensions driven by supply challenges and persistent international demand, especially in the beef and pork sectors.
pig333.com