# Rabobank: Global economics to affect pork market, costs | MEAT+POULTRY

> Rabobank's Q2 Pork Quarterly says 2022 producer returns will be squeezed by higher feed, energy, freight, herd health and labor costs. Analysts expect global pork trade to decline as geopolitical conflict and trade shifts weigh on flows, and grain and protein meal costs keep rising.

- Date: 2022-04-14 · published 2022-04-14T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/41978-rabobank-global-economics-to-affect-pork-market-costs-meat-poultry
- 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

Expected weaker pork trade and herd contraction in stressed regions reduce feed demand, a bearish offset to the high grain and protein meal costs that are squeezing producers.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 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 | 2023-08-02 | [Rabobank anticipates weaker global pork trade](https://feedsoft.ai/events/34545-rabobank-anticipates-weaker-global-pork-trade.md) | -1.3% | -17.9% |
| HOGS | 2020-07-13 | [CoBank: Recovery continues for meat, poultry segments \| 2020-07-13  \| MEAT+POULTRY](https://feedsoft.ai/events/52268-cobank-recovery-continues-for-meat-poultry-segments-2020-07-13-meat-poultry.md) | +9.6% | +10.6% |
| HOGS | 2020-08-07 | [USMEF: June pork, beef exports slide due to COVID-19 \| 2020-08-07  \| MEAT+POULTRY](https://feedsoft.ai/events/51579-usmef-june-pork-beef-exports-slide-due-to-covid-19-2020-08-07-meat-poultry.md) | +3.3% | +12.0% |
| CORN | 2023-11-07 | [Global poultry markets recover as challenges ease - Rabobank
						 \| The Poultry Site](https://feedsoft.ai/events/33319-global-poultry-markets-recover-as-challenges-ease-rabobank-the-poultry-site.md) | -0.8% | -1.1% |
| CORN | 2023-04-04 | [Global poultry markets strong despite volatility \| MEAT+POULTRY](https://feedsoft.ai/events/36554-global-poultry-markets-strong-despite-volatility-meat-poultry.md) | -0.9% | -3.2% |
| CORN | 2022-01-13 | [European poultrymeat markets expected to recover in 2022 - Poultry Network](https://feedsoft.ai/events/43280-european-poultrymeat-markets-expected-to-recover-in-2022-poultry-network.md) | -1.3% | +5.3% |

## Sources

- meatpoultry.com: https://www.meatpoultry.com/articles/26475-rabobank-global-economics-to-affect-pork-market-costs

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