• Global meat trade is projected to slightly decline this year, with the Philippines among the countries seen to have lower overall meat imports, according to the UN Food and Agriculture Organization (FAO).
  • In its latest meat market review, FAO said global imports of meat and meat products are forecasted to decrease by 0.6 percent to 39.79 million metric tons (carcass weight equivalent) by yearend from 40.03 million MT.
  • The Philippines’ overall meat imports is estimated to reach 1.09 million MT this year, down 8.1 percent from 1.19 million MT.