# Bright spots, uncertain trends forecast in global pork markets

> Rabobank's Global Pork Quarterly Q4 2023 says improved herd health is boosting pig crops and producers are cutting less productive operations, adding to supply. Stagnant consumption and regional oversupply are expected to pressure global pork markets for the rest of the year.

- Date: 2023-10-27 · published 2023-10-27T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/33780-bright-spots-uncertain-trends-forecast-in-global-pork-markets
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Rising production against flat demand weighs on pork prices, while lower corn and soymeal costs help producer margins and could support 2024 feed demand.

## Read by commodity

- SBM: neutral
- CORN: neutral
- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2025-01-27 | [Spotlight on China’s pork market](https://feedsoft.ai/events/26490-spotlight-on-china-s-pork-market.md) | +2.1% | +7.6% |
| HOGS | 2020-07-28 | [U.S. a bright spot in pork production — but those prices ...](https://feedsoft.ai/events/52247-u-s-a-bright-spot-in-pork-production-but-those-prices.md) | -3.1% | +3.0% |
| HOGS | 2021-09-14 | [China cuts forecast for feed use of corn in 2021/22 - Markets - Business Recorder](https://feedsoft.ai/events/45063-china-cuts-forecast-for-feed-use-of-corn-in-2021-22-markets-business-recorder.md) | +1.0% | +3.3% |
| HOGS | 2017-10-25 | [Pork: World Markets and Trade - ASPROCER](https://feedsoft.ai/events/68443-pork-world-markets-and-trade-asprocer.md) | +4.7% | -3.8% |
| HOGS | 2022-04-14 | [Rabobank: Global economics to affect pork market, costs \| MEAT+POULTRY](https://feedsoft.ai/events/41978-rabobank-global-economics-to-affect-pork-market-costs-meat-poultry.md) | +7.6% | +1.6% |
| CORN | 2025-06-30 | [Global poultry market strong in 2025 while tariffs, HPAI fuel uncertainty for future \| MEAT+POULTRY](https://feedsoft.ai/events/24364-global-poultry-market-strong-in-2025-while-tariffs-hpai-fuel-uncertainty-for.md) | -0.2% | -1.7% |
| CORN | 2024-06-06 | [Risks in global food markets in six charts](https://feedsoft.ai/events/17022-risks-in-global-food-markets-in-six-charts.md) | +6.9% | -1.4% |
| CORN | 2026-01-01 | [Brazil soy boom may crash global grain markets](https://feedsoft.ai/events/21533-brazil-soy-boom-may-crash-global-grain-markets.md) | +0.6% | -0.9% |

## Sources

- nationalhogfarmer.com: https://www.nationalhogfarmer.com/market-news/bright-spots-uncertain-trends-forecast-in-global-pork-markets

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