World prices for meat reached a new historical maximum in September, showing the longest rally since 2021. The main reason is Reducing livestock in the USAwhich does not cover the growing world demand for beef.
According to data UN foods and agriculture organizations (FAO)the cost of the cost of meat products increased by 0.7%, noting the eighth row of growth.
The rise in price is primarily associated with beef: herds in the United States were reduced to a minimum level in a decade, in Brazil – leading exporter – prices rose, and in Mexico Concerned about the spread of the parasite New World Screwworm.
As reported Bloombergthis growth increases pressure on the general food market, which in July reached a two -year peak, causing concern among consumers and regulators.
European Central Bank He noted that food prices are growing faster than general inflation, and British Retail Consortium He emphasized the influence of growing salaries and high energy costs on the cost of production.
IN USA limited internal reserves and favorable world prices stimulate imports, especially from AustraliaWhere the meat is also getting more expensive. At the same time Cattle prices in Brazil They grow thanks to strong world demand, despite the restrictions on access to the American market due to duties.
The meat has become the only large category of food that showed growth in September – including due to the rise in price of lamb. General FAO food prices index It decreased slightly: grain, vegetable oils, dairy products and sugar fell in price.
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