Global meat prices rise 8% year on year
FAO Meat Price Index Rises to 126.2 Points
Global meat prices continued to strengthen in early 2026, according to the latest data from the Food and Agriculture Organization.
The FAO meat price index reached 126.2 points in February 2026. This represents an increase of around 8% compared with the same period in 2025.
Lamb prices have reached historic highs. This is largely driven by reduced export volumes from Oceania, one of the world’s key lamb producing regions.
Beef markets have also been supported by strong import demand from both China and the United States. This adds further upward pressure on global prices.
Pork and poultry markets have remained comparatively stable. Strong supply from Brazil has helped to offset price increases in those sectors.
Source: FAO / AgroReview | 11 March 2026
Read full article Share on X