# Rabobank: Animal protein production growth will slow in 2024 | Feed Strategy

> Rabobank's Global animal protein outlook 2024 projects animal protein production will keep growing in 2024 but at a slower pace. Tight producer margins, elevated input costs, disease, weather and uncertain consumer demand are cited as drivers.

- Date: 2023-11-30 · published 2023-11-30T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/16138-rabobank-animal-protein-production-growth-will-slow-in-2024-feed-strategy
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Slower meat and poultry output growth implies somewhat softer feed demand growth for corn and soymeal, though the effect is gradual.

## Read by commodity

- SBM: neutral
- CORN: neutral
- CHICKEN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-04-03 | [Anatomy of a fall in global feed production](https://feedsoft.ai/events/30854-anatomy-of-a-fall-in-global-feed-production.md) | -0.7% | -0.9% |
| CORN | 2018-11-15 | [Rabobank: Animal protein could face trade challenges again in 2019 \| 2018-11-15  \| MEAT+POULTRY](https://feedsoft.ai/events/61976-rabobank-animal-protein-could-face-trade-challenges-again-in-2019-2018-11-15.md) | -0.7% | +7.2% |
| CORN | 2025-03-18 | [China's pig production expected to grow marginally in 2025](https://feedsoft.ai/events/25575-china-s-pig-production-expected-to-grow-marginally-in-2025.md) | -1.9% | +2.0% |
| CORN | 2024-10-14 | [USDA adjusts global grain production forecasts \| Feed & Grain](https://feedsoft.ai/events/27918-usda-adjusts-global-grain-production-forecasts-feed-and-grain.md) | -1.8% | +1.8% |
| CORN | 2026-01-20 | [USDA sees 2026 pork production rising to 28.2 billion pounds as hog prices slip \| Feed & Grain](https://feedsoft.ai/events/21199-usda-sees-2026-pork-production-rising-to-28-2-billion-pounds-as-hog-prices-slip.md) | +0.9% | +1.5% |
| SBM | 2024-04-03 | [Anatomy of a fall in global feed production](https://feedsoft.ai/events/30854-anatomy-of-a-fall-in-global-feed-production.md) | +1.7% | +5.1% |
| SBM | 2024-09-30 | [Aquafeed.com \|
   

   
    Global fishmeal and fish oil production surges in 2024](https://feedsoft.ai/events/28383-aquafeed-com-global-fishmeal-and-fish-oil-production-surges-in-2024.md) | -2.5% | -10.5% |
| SBM | 2021-05-04 | [Global fishmeal, fish oil production on upward trend \| Feed Strategy](https://feedsoft.ai/events/46984-global-fishmeal-fish-oil-production-on-upward-trend-feed-strategy.md) | +6.2% | -5.0% |

## Sources

- feedstrategy.com: https://www.feedstrategy.com/business-markets/article/15659336/rabobank-animal-protein-production-growth-will-slow-in-2024

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.