Where does the world's meat and milk come from?
Livestock, meat & dairy covers beef, cheese, chicken, eggs, honey, lamb, milk, pork. What moves them together: Feed grain costs, animal disease outbreaks, herd cycles, trade access and sanitary rules, consumer demand in China.
What stands out across livestock, meat & dairy?
Among the 8 commodities in livestock, meat & dairy with a production ranking, supply is most concentrated in pork, where China produced 46% of the world total in 2024, and least concentrated in chicken, where the largest producer, the United States, produced 16% in 2024. China is the largest producer of 4 of the 8. In 8 of them the largest producer is not the largest exporter by value, as for beef, where the United States produced 18% and Brazil led exports of frozen beef (HS 0202) with 27%. Production years differ by commodity and sources are FAOSTAT, USGS or the Energy Institute; exports are CEPII BACI trade records.
In the twelve months to September 2026, 2 of 4 priced commodities in this category had a higher benchmark price, with the largest rise for lamb (+16%) and the largest fall for milk (-6.6%). These are monthly benchmark series in their own units, from the World Bank Pink Sheet, IMF or other sources named on each price page, and a twelve-month change says nothing about what comes next.
Commodities in this category
| Commodity | Top producers | Latest price | 12 months |
|---|---|---|---|
| Beef | $6.86/kg | -1% | |
| Cheese | — | — | |
| Chicken | $1.81/kg | +4% | |
| Eggs | — | — | |
| Honey | — | — | |
| Lamb | $7.26/kg | +16% | |
| Milk | $19.66/cwt | -7% | |
| Pork | — | — |
Price index since 1960
Source: World Bank Commodity Price Data (The Pink Sheet), monthly indices, 2010 = 100, published 2026-10-02. CC BY 4.0.
Indices are monthly averages and lag the market; informational only, not investment advice.
Which livestock, meat & dairy prices move together?
Within livestock, meat & dairy, beef and lamb are the most closely linked: their monthly price changes correlate at 0.09. Correlation of monthly log price changes (not price levels), computed only over pairs with at least 90 overlapping months, the same method as the site-wide linked-prices report and the correlation calculator — this view is scoped to livestock, meat & dairy alone, which the site-wide report's top pairs rarely include.
Data updated 22 October 2026.