# Rabobank anticipates weaker global pork trade

> Rabobank's quarterly pork report expects global pork trade to weaken in the second half of 2023 after a strong first half. Weak consumption in China and Europe, high Chinese frozen pork inventories and tighter EU supply are cited as drivers.

- Date: 2023-08-02 · published 2023-08-02T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/34545-rabobank-anticipates-weaker-global-pork-trade
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Meat & Bone Meal](https://feedsoft.ai/c/MBM.md)

## Why it matters

Weaker pork trade reduces demand for imported feed and meat-based feed ingredients and pressures hog prices in exporting regions. Lower hog margins may cut feed usage over time.

## Read by commodity

- MBM: bearish ▼
- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| HOGS | 2021-08-02 | [Rabobank: China’s hog prices to affect global markets \| Feed Strategy](https://feedsoft.ai/events/45566-rabobank-china-s-hog-prices-to-affect-global-markets-feed-strategy.md) | +0.8% | -10.9% |
| 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 | 2020-07-23 | [Rabobank: Global pork production under pandemic pressure \| 2020-07-23  \| MEAT+POULTRY](https://feedsoft.ai/events/52128-rabobank-global-pork-production-under-pandemic-pressure-2020-07-23-meat-poultry.md) | +2.2% | +2.2% |
| HOGS | 2017-07-26 | [Rabobank: Pork Quarterly Q3 2017 published](https://feedsoft.ai/events/69946-rabobank-pork-quarterly-q3-2017-published.md) | -2.2% | -15.8% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/rabobank-anticipates-weaker-global-pork-trade/

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