FAO Meat Price Index Up 3.4% in 2025

According to FAO’s latest monthly report, the Meat Price Index declined by 1.3% in December 2025 to 123.6 points. Prices fell across all meat categories, with the largest declines recorded for beef and poultry.

The drop in global beef prices mainly reflected weaker quotations in Australia, where seasonal droughts led to herd reductions and increased cattle availability for slaughter, putting downward pressure on prices.

Pork prices edged slightly lower, largely due to softer quotations in the European Union amid subdued global demand.

Overall, the FAO Meat Price Index increased by 3.4% in 2025 compared with December 2024, driven by

strong global import demand and heightened market uncertainty related to animal disease outbreaks and geopolitical tensions. On a year-on-year basis, beef and sheepmeat prices rose sharply (+11% and +19.7%, respectively), while pork prices declined slightly (-2.6%) and poultry prices fell more significantly (-5.5%) due to oversupply.

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