# Rabobank reviews current global meat price situation - poultrytimes.com

> Rabobank reports global chicken cut prices rose about 2 percent, with pork up 4 percent and beef up 5 percent. Feed prices have declined over the past two years and reached their lowest point this year, though Brazil and Europe saw feed increases tied to weak harvest forecasts.

- Date: 2024-07-12 · published 2024-07-12T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/29397-rabobank-reviews-current-global-meat-price-situation-poultrytimes-com
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Lower feed costs support poultry and meat margins, while higher meat prices signal firm protein demand that can sustain feed buying.

## Read by commodity

- HOGS: bullish ▲
- CHICKEN: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2022-04-26 | [Pork Producer Margins This Year Could Rival 2021, CoBank Says - Pork Business](https://feedsoft.ai/events/41998-pork-producer-margins-this-year-could-rival-2021-cobank-says-pork-business.md) | -4.5% | +0.7% |
| HOGS | 2019-08-02 | [Industry Outlook for growing demand for US meat \| 2019-08-02  \| MEAT+POULTRY](https://feedsoft.ai/events/57743-industry-outlook-for-growing-demand-for-us-meat-2019-08-02-meat-poultry.md) | -0.4% | -15.0% |
| HOGS | 2021-08-09 | [Tyson to hike retail food prices in September, citing “unprecedented” inflation - Pro Farmer](https://feedsoft.ai/events/9825-tyson-to-hike-retail-food-prices-in-september-citing-unprecedented-inflation.md) | -0.0% | -13.7% |
| HOGS | 2025-12-16 | [Higher revenues and falling feed prices boost producer optimism \| The National Provisioner](https://feedsoft.ai/events/21623-higher-revenues-and-falling-feed-prices-boost-producer-optimism-the-national.md) | +1.4% | +0.0% |
| HOGS | 2021-03-08 | [VEGOILS-Palm oil rises nearly 4% to two-month high as crude, soyoil rally By Reuters](https://feedsoft.ai/events/6562-vegoils-palm-oil-rises-nearly-4-to-two-month-high-as-crude-soyoil-rally-by.md) | +4.4% | +15.6% |
| LCATTLE | 2023-01-05 | [Global uncertainties affect beef production](https://feedsoft.ai/events/37727-global-uncertainties-affect-beef-production.md) | +0.1% | -0.5% |
| LCATTLE | 2019-03-08 | [Analyst: Beef will lead the protein pack in 2019 \| 2019-03-08  \| MEAT+POULTRY](https://feedsoft.ai/events/60235-analyst-beef-will-lead-the-protein-pack-in-2019-2019-03-08-meat-poultry.md) | -0.6% | -1.3% |
| LCATTLE | 2024-06-27 | [Terrain \| Record Carcass Weights Won’t Stop Record Prices](https://feedsoft.ai/events/7980-terrain-record-carcass-weights-won-t-stop-record-prices.md) | -1.6% | -1.3% |

## Sources

- poultrytimes.com: https://www.poultrytimes.com/rabobank-reviews-current-global-meat-price-situation/

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