# Rabobank Report: Strong Exports and Limited Supply Growth Drive Pork Industry Return to Profitability - Swineweb.com - Complete Swine News, Markets, Commentary, and Technical Info

> Rabobank's analysis of the March USDA Hogs and Pigs report shows the breeding herd down 2.1% year on year, while productivity rose 4.6%. Hog prices are up 21% year on year, and the pork cutout exceeded $100 per hundredweight, up 30%, helped by strong exports to Mexico, South Korea, Colombia and Australia.

- Date: 2024-04-24 · published 2024-04-24T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/30886-rabobank-report-strong-exports-and-limited-supply-growth-drive-pork-industry
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Limited supply growth and strong export demand are supporting hog and pork prices and restoring producer margins, which may keep hog demand for feed firm through Q3.

## Read by commodity

- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2025-03-31 | [Analysis of USDA Hogs and Pigs Report- JP Morgan - Swineweb.com - Complete Swine News, Markets, Commentary, and Technical Info](https://feedsoft.ai/events/25740-analysis-of-usda-hogs-and-pigs-report-jp-morgan-swineweb-com-complete-swine.md) | +0.2% | +3.6% |
| HOGS | 2022-12-09 | [High hog prices squeeze pork processors: USDA ERS - Swineweb.com - Complete Swine News, Markets, Commentary, and Technical Info](https://feedsoft.ai/events/38370-high-hog-prices-squeeze-pork-processors-usda-ers-swineweb-com-complete-swine.md) | -0.2% | -3.4% |
| HOGS | 2026-02-25 | [USDA February Outlook: Pork Sector Enters 2026 with Momentum, Tightening Supplies and Strong Deman - Swineweb.com - Complete Swine News, Markets, Commentary, and Technical Info](https://feedsoft.ai/events/20750-usda-february-outlook-pork-sector-enters-2026-with-momentum-tightening-supplies.md) | +0.6% | -1.1% |
| HOGS | 2022-11-18 | [CIH Hog Margin Watch: November - Swineweb.com - Complete Swine News, Markets, Commentary, and Technical Info](https://feedsoft.ai/events/38834-cih-hog-margin-watch-november-swineweb-com-complete-swine-news-markets.md) | -1.9% | -2.6% |
| HOGS | 2026-03-27 | [Latest USDA ‘Hogs and Pigs’ Report Points to Limited Supply Growth - Pork Checkoff](https://feedsoft.ai/events/20320-latest-usda-hogs-and-pigs-report-points-to-limited-supply-growth-pork-checkoff.md) | -1.0% | +3.1% |

## Sources

- swineweb.com: https://swineweb.com/rabobank-report-strong-exports-and-limited-supply-growth-drive-pork-industry-return-to-profitability/

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