World Meat Market Review: January 2025

Beef: Beef EXPORT prices are expected to remain elevated in January 2025, driven by tight supplies and strong demand. In the United States ( US ), supply constraints will support high prices, while prices in Brazil are expected to rise due to strong demand and new trade opportunities. Similarly, prices in the European Union ( EU ) are projected to continue to rise, supported by robust domestic and export demand.

Poultry: Poultry export prices are expected to remain strong in January 2025, driven by strong demand in key markets. US prices remain strong despite export challenges, while record growth in Brazil supports profitability. EU prices will also remain strong, although high production costs may limit export competitiveness.

Pork: A strong US DOLLAR and high production are expected to keep US pork export prices low in January 2025. Meanwhile, Brazilian pork export prices are expected to remain high, driven by strong demand and favorable trade deals. EU prices are likely to remain low due to oversupply.

 Lamb: New Zealand's shift away from CHINA to higher-priced markets such as Europe and North America is expected to keep export prices high. In Australia, strong demand and limited supply will also support high lamb export prices in January 2025.