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Rabobank's Global Animal Protein Outlook 2022 expects continued supply chain issues and slower pork, poultry and aquaculture output growth, with beef and wild catch contracting slightly. It expects higher feed, labor, energy and transport costs to persist.
Slower meat production growth and China's herd recovery point to steady or firm feed demand, which supports grain and meal values.
meatingplace.comChris ScottJan 18, 2022After 1,040 past bullish report events, CORN moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
After 414 past bullish report events, SBM moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% over 20.
After 61 past neutral report events, HOGS moved a median -0.4% over 5 sessions (48% higher; middle half -1.3% to +1.8%), and +2.1% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
