# Global pork production slows, but feed prices and consumption trends offer hope - Pig World

> Rabobank's latest quarterly pork report forecasts a decline or flat production in China, the US and parts of Europe in 2024 as sow herds contract. It also expects a possible contraction in global pork trade in the first half, while corn and soybean prices are down 15% to 25% over the past year.

- Date: 2024-02-15 · published 2024-02-15T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/31663-global-pork-production-slows-but-feed-prices-and-consumption-trends-offer-hope
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Lower feed costs help producer margins, but a weaker pork export outlook and high inventories could limit demand for feed grains and meals in the near term.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-02-14 | [Rabobank: Global pork production to slow in 2024 \| Feed Strategy](https://feedsoft.ai/events/31661-rabobank-global-pork-production-to-slow-in-2024-feed-strategy.md) | +0.5% | +3.9% |
| 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 | 2021-02-09 | [February 2021 WASDE: Corn tumbles on reduced global consumption](https://feedsoft.ai/events/48590-february-2021-wasde-corn-tumbles-on-reduced-global-consumption.md) | -5.2% | +1.6% |
| CORN | 2026-04-14 | [US corn stocks hit record high as global coarse grains production rises \| Feed & Grain](https://feedsoft.ai/events/19795-us-corn-stocks-hit-record-high-as-global-coarse-grains-production-rises-feed.md) | +2.3% | +5.3% |
| CORN | 2023-07-11 | [Poultry Quarterly Q3 2023: Improving Conditions as Lower-priced Feed Flows Through Global Poultry Value Chains - Poultry Producer](https://feedsoft.ai/events/35173-poultry-quarterly-q3-2023-improving-conditions-as-lower-priced-feed-flows.md) | -8.8% | -9.0% |
| SOY | 2024-02-14 | [Rabobank: Global pork production to slow in 2024 \| Feed Strategy](https://feedsoft.ai/events/31661-rabobank-global-pork-production-to-slow-in-2024-feed-strategy.md) | -2.1% | -0.4% |
| SOY | 2023-07-11 | [Poultry Quarterly Q3 2023: Improving Conditions as Lower-priced Feed Flows Through Global Poultry Value Chains - Poultry Producer](https://feedsoft.ai/events/35173-poultry-quarterly-q3-2023-improving-conditions-as-lower-priced-feed-flows.md) | -1.6% | -6.2% |
| SOY | 2025-10-14 | [Brazil adds to planted area, grains production \| World Grain](https://feedsoft.ai/events/13466-brazil-adds-to-planted-area-grains-production-world-grain.md) | +2.4% | +10.7% |

## Sources

- pig-world.co.uk: https://www.pig-world.co.uk/news/global-pork-production-slows-but-feed-prices-and-consumption-trends-offer-hope.html

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