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3. COMMODITY SNAPSHOTSOECD-FAO AGRICULTURAL OUTLOOK 2016-2025 OECD/FAO 2016107 MEATM arket situationWeaker demand for meats by emerging economies and oil exporting countriesthroughout 2015 exerted significant downward pressure on meat prices. According to theFAO Meat Price Index, meat prices in 2015 fell to a level last seen in early 2010. This fallcontrasts with an extended period of continued, though at times volatile, meat priceincreases that started back in 2002. Only once during this extended period during theaftermath of the 2007-08 financial crisis have meat prices fallen by such a trade in 2015 stalled in volume terms. Meat exports from the Americas, thedominant supplier region, fell in 2015 reflecting weakening supply to the rest of the imports from the Russian Federation, and a net trade loss in North Americaestimated at close to one million tonnes, substantially reduced supplies going to otherparts of the highlightsTheOutlookfor the meat Market remains strong.
3. COMMODITY SNAPSHOTS OECD-FAO AGRICULTURAL OUTLOOK 2016-2025 © OECD/FAO 2016 107 MEAT Market situation Weaker demand for meats by emerging economies and oil exporting countries
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