
National Hog Farmer reports that global pork producers are expanding cautiously in 2025, according to Rabobank's Global Pork Quarterly Q1 2025. Rabobank forecasts global pork supply growth of under 1% this year, with ample supply in the US, China and Brazil and tighter supply in the EU, Japan and the Philippines.
It also cites likely retaliatory tariffs on agricultural goods and disease risk, including the German foot-and-mouth outbreak.
Slow supply growth and tighter supplies in several regions support hog and pork prices, while retaliatory tariffs could divert trade flows. Stable feed grain prices keep production costs manageable for producers.
After 61 past neutral report events, Lean Hogs moved a median -0.4% over 5 sessions (48% higher; middle half -1.3% to +1.8%), and +2.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.