# Rabobank: Global pork production to slow in 2024 | Feed Strategy

> Rabobank's first-quarter 2024 global pork report expects pork production to slow this year as key regions cut sow herds. Disease, negative margins and oversupply are driving destocking, while consumption is expected to improve mildly.

- Date: 2024-02-14 · published 2024-02-14T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/31661-rabobank-global-pork-production-to-slow-in-2024-feed-strategy
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Slower output and a mild rise in consumption could support hog prices later in 2024, while the report also says corn and soybean prices, down 15% to 25% over the past year, may fall further given weak demand and high inventories.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- HOGS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2024-02-15 | [Global pork production slows, but feed prices and consumption trends offer hope - Pig World](https://feedsoft.ai/events/31663-global-pork-production-slows-but-feed-prices-and-consumption-trends-offer-hope.md) | +9.6% | +10.6% |
| HOGS | 2023-03-07 | [China pork production expected to rise slightly in 2023 - GAIN report
						 \| The Pig Site](https://feedsoft.ai/events/36848-china-pork-production-expected-to-rise-slightly-in-2023-gain-report-the-pig-site.md) | +2.3% | -7.8% |
| HOGS | 2017-01-12 | [How does China pork production stack up to U.S.?](https://feedsoft.ai/events/72993-how-does-china-pork-production-stack-up-to-u-s.md) | +2.6% | +13.1% |
| HOGS | 2022-01-18 | [Pricing, production challenges ahead: Rabobank](https://feedsoft.ai/events/43273-pricing-production-challenges-ahead-rabobank.md) | +4.5% | +14.2% |
| HOGS | 2023-02-02 | [Grain prices, disease, China wild cards in pork market \| Feed Strategy](https://feedsoft.ai/events/37344-grain-prices-disease-china-wild-cards-in-pork-market-feed-strategy.md) | +1.7% | +11.2% |
| CORN | 2025-03-21 | [Global grain production to rise in 2025/26: Grain market daily \| AHDB](https://feedsoft.ai/events/25624-global-grain-production-to-rise-in-2025-26-grain-market-daily-ahdb.md) | -4.7% | +0.6% |
| CORN | 2024-09-17 | [Global coarse grain production declines \| Feed & Grain](https://feedsoft.ai/events/28364-global-coarse-grain-production-declines-feed-and-grain.md) | -0.7% | -1.3% |
| CORN | 2021-05-18 | [Corn Production Expected to Grow in 2021](https://feedsoft.ai/events/47087-corn-production-expected-to-grow-in-2021.md) | +0.7% | +3.5% |

## Sources

- feedstrategy.com: https://www.feedstrategy.com/business-markets/article/15664140/rabobank-global-pork-production-to-slow-in-2024

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