Introducing the World’s First Global Producer Price Indices for Beef Cattle and Sheep by agri benchmark

agri benchmark Beef and Sheep Network is launching a set of annual (calendar year) global Producer Price Indices (PPIs) for finished cattle, weaner cattle, lambs and sheep meat. These global indices and associated country and regional indices can be used to monitor and explain developments in global, regional and country beef cattle, lambs and sheep prices over time.

The global PPIs are Laspeyres, production-weighted indices measuring changes in global farm gate prices as provided annually by the agri benchmark Beef and Sheep Network. The Indices use nominal prices (not inflation-adjusted) and are based on average prices over the 2014 to 2016 period (= 100).

These global livestock price indices complement the FAO Export Meat Price Indices, which are measures of the internationally traded meat prices, using export prices for selected volume trades from major exporters, weighted with the average export shares, also using a base of 2014-2016.

The agri benchmark Indices can help to understand the key drivers of current and future trends and developments in global beef and sheep producer prices.

A detailed analysis of the index methodology and trends in global, regional and some major country producer price changes over the past 20 years for cattle and sheep, can be found in a journal paper entitled:

Introducing the World’s First Global Producer Price Indices for Beef Cattle and Sheep

Free for download!

Global Producer Price Indices for Beef Cattle and Sheep - A short summary
(pdf, 969 KB)

Infographic - Global Producer Price Indices for Beef Cattle and Sheep
(pdf, 1.153 KB)

agri benchmark Global Producer Price Indices for Beef Cattle and Sheep
(xlsx, 215 KB)

Requests by non-network partner bodies for country level tools and background data should be directed to agri benchmark Network at mohamad.almadani@thuenen.de

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