FAO predicts “modest expansion” in meat production in 2015
07/05/2015
These figures come from the May 2015 Food Outlook report from the Food and Agriculture Organization (FAO) of the United Nations. The Rome-based FAO publishes this report twice per year.
Only modest gains in bovine and sheep meat production are foreseen by the authors of the new report. The pigmeat sector is forecast to drive the global increase, followed by poultry.
Global meat trade is forecast to expand at a moderate rate of 1.7% in 2015, to 31.2 million tonnes, a significant slowdown from the 3.1% registered in 2014. Bovine meat trade is anticipated to expand at a limited rate, rising by 1.9% to 9.8 million tonnes. “Supply limitations are forecast to be the principal factor behind restricted growth, although the pace of the increase in import demand may slacken as well,” the FAO said. “Trade in ovine meat may drop by 8.5% to 940 000 tonnes, as a result of production short-falls in Australia and New Zealand due to flock rebuilding in both countries.”
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