Randall Parker Food Group

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Randall Parker Food Group

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Randall Parker Food Group

Office for National Statistics – Meat Prices: 1987-2014

The price of poultry has risen only 44% from 1987 to 2014, while other meat prices have more than doubled during the same period, according to the Office for National Statistics (ONS).

Data from the ONS shows that, compared to nine other different fish and meat categories, poultry prices have increased the least over nearly three decades.

Poultry, which includes turkeys, ducks and geese, has seen an annual increase of just 1.6%, equating to 44.3% over the 27-year period. Meanwhile, beef has risen by 118.5%, pork by 136.6% and fish has seen an increase of 155.4%, all over the same time period, claimed ONS.

Office for National Statistics: rise in consumer prices for meat from 1987-2014

“The small increase of poultry prices is explained by regular improvement in industry efficiencies over the past 27 years that are passed on to consumers,” said chief executive of the British Poultry Council Andrew Large.

“Poultry meat remains the best-value meat for families in the UK and makes a strong contribution to the country’s GDP. We are proud that poultry makes up almost half the meat eaten here in the UK and we look forward to continuing to produce high-quality, nutritious and affordable food.”

At 187.9%, lamb has seen the biggest increase in price, followed closely by fresh fish which has risen by 172.1%.

via MeatInfo: Poultry prices fail to take off.

MMS Participacoes Ltda, the controlling shareholder of Brazil’s meat processor Marfrig Global Foods SA, will be allowed to sell a portion of the shares it owns in the business, according to a filling with Brazil’s market regulator on Sunday.

MMS Participacoes, owned by Marfrig’s chairman Marcos Molina, entered an agreement with BNDESPar, the investment arm of Brazil’s development bank BNDES, to have the right to unlink 20 percent of the shares it owns in Marfrig.

MMS owns around 28 percent of Marfrig, while BNDESPar is the second largest shareholder with almost 20 percent.

The agreement does not cite any specific date for possible share sales by MMS.

via Controlling shareholder of Brazil’s Marfrig may sell shares | Reuters.