Market uncertainty lifts global meat prices in 2025 - FAO
FAO cites geopolitics, animal disease and shifting demand
Market uncertainty due to geopolitical tensions and animal disease outbreaks were among factors pushing up meat prices in 2025, the UN Food and Agriculture Organisation (FAO) said in a report published 9 January.
According to the report, bovine and ovine prices were higher compared to the previous year, while pig and poultry prices declined.
The FAO's Food Price Index – a benchmark for global food commodity prices – fell in December, as lower dairy, meat and vegetable oil quotations offset higher prices for cereals and sugar.
Global agrifood systems continue to impose "hidden costs" equal to 10% of global gross domestic product, cautioned David Laborde, director of FAO's Agrifood Economics Division, in an article published by the International Institute for Sustainable Development.
In a separate commentary for the Forum on Trade, Environment, and the SDGs, Caroline Dommen argued that a new approach to food and agricultural trade was needed.