According to the Food and Agriculture Organization of the United Nations (FAO), the Meat Price Index averaged 131.0 points in June 2026, up 0.5 points (0.4%) from May and 5.0 points (4.0%) higher than in the same month last year. This marks the highest level since the index was introduced.
The main driver of the increase was higher international poultry meat prices. They were supported by rising export prices in Brazil, strong global import demand, and temporarily tighter domestic supplies following production adjustments made in response to an earlier oversupply.
Sheep meat prices also continued to increase in June. According to FAO, the rise was underpinned by sustained global demand and limited exportable supplies from major producing countries.
In contrast, global pork prices continued to decline. The main factors behind the decrease were abundant supplies in the European Union and persistently weak demand from several Asian markets.
Beef prices also edged lower. This was largely due to weaker quotations from Australia amid expectations of higher export availability in the third quarter of 2026. Meanwhile, Brazilian beef export prices remained broadly stable, as China's import quotas were approaching full utilization, resulting in a gradual slowdown in purchases.
FAO analysts note that the global meat market remains uneven. While strong demand continues to support record-high prices for certain types of meat, the pork market remains under pressure due to ample supplies in Europe and subdued import demand from Asian markets.
PigUA.info, based on 3tres3.com