# Pork Producer Margins This Year Could Rival 2021, CoBank Says - Pork Business

> CoBank economist Brian Earnest says 2022 hog producer margins could match or exceed 2021's strong levels, with live hog value near 35% of retail pork value. Hog values have risen about $8/cwt since February, offsetting higher feed costs that are up 17% year over year.

- Date: 2022-04-26 · published 2022-04-26T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/41998-pork-producer-margins-this-year-could-rival-2021-cobank-says-pork-business
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Strong hog margins support herd rebuilding incentives and sustained feed demand, though labor shortages and lower throughput keep pork supply tight.

## Read by commodity

- CORN: bullish ▲
- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2017-05-10 | [Rising demand, evolving markets fueling change in feed business](https://feedsoft.ai/events/71128-rising-demand-evolving-markets-fueling-change-in-feed-business.md) | +10.1% | +15.8% |
| HOGS | 2024-07-12 | [Rabobank reviews current global meat price situation - poultrytimes.com](https://feedsoft.ai/events/29397-rabobank-reviews-current-global-meat-price-situation-poultrytimes-com.md) | +2.3% | +2.7% |
| HOGS | 2025-12-16 | [Higher revenues and falling feed prices boost producer optimism \| The National Provisioner](https://feedsoft.ai/events/21623-higher-revenues-and-falling-feed-prices-boost-producer-optimism-the-national.md) | +1.4% | +0.0% |
| HOGS | 2026-01-28 | [Is the beef market headed for a crash?](https://feedsoft.ai/events/21196-is-the-beef-market-headed-for-a-crash.md) | +0.1% | +5.6% |
| HOGS | 2021-03-08 | [VEGOILS-Palm oil rises nearly 4% to two-month high as crude, soyoil rally By Reuters](https://feedsoft.ai/events/6562-vegoils-palm-oil-rises-nearly-4-to-two-month-high-as-crude-soyoil-rally-by.md) | +4.4% | +15.6% |
| CORN | 2019-03-19 | [Ethanol production puts bottom in corn market - Inside Grains & Raw Material \| Boerenbusiness. Nl](https://feedsoft.ai/events/60073-ethanol-production-puts-bottom-in-corn-market-inside-grains-and-raw-material.md) | -0.3% | -3.4% |
| CORN | 2024-07-12 | [Global demand exceeds crop supply, says economist \| The Western Producer](https://feedsoft.ai/events/29600-global-demand-exceeds-crop-supply-says-economist-the-western-producer.md) | -2.4% | -2.7% |
| CORN | 2021-10-14 | [Britain's chicken king says the 20-year binge on cheap food is over \| Reuters](https://feedsoft.ai/events/44730-britain-s-chicken-king-says-the-20-year-binge-on-cheap-food-is-over-reuters.md) | +3.2% | +13.8% |

## Sources

- porkbusiness.com: https://www.porkbusiness.com/news/hog-production/pork-producer-margins-year-could-rival-2021-cobank-says

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