# Rabobank: China’s hog prices to affect global markets | Feed Strategy

> Rabobank's July Pork Quarterly says China's hog prices fell below imported pork prices from mid-February to mid-June 2021, due to African swine fever and herd liquidation. Rabobank expects a Q3 slaughter decline and a hog price rebound in the second half. China's 2021 pork imports are forecast to fall 10% to 20%.

- Date: 2021-08-02 · published 2021-08-02T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/45566-rabobank-china-s-hog-prices-to-affect-global-markets-feed-strategy
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Lower Chinese pork import demand and a sharp drop in hog prices weigh on global pork markets, while a rebound in the second half would reduce pressure on hog margins and feed demand.

## Read by commodity

- 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 | 2016-12-09 | [Rabobank Commodity Outlook Sees Strong Salmon, Shrimp Markets; Lower Fishmeal Prices](https://feedsoft.ai/events/73568-rabobank-commodity-outlook-sees-strong-salmon-shrimp-markets-lower-fishmeal.md) | +9.0% | +11.9% |
| 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 | 2023-04-11 | [Quarterly Hogs & Pigs Report – Hog Markets Will Need Strong Demand to Bring Better Prices in 2023 \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/36549-quarterly-hogs-and-pigs-report-hog-markets-will-need-strong-demand-to-bring.md) | -1.8% | +2.5% |
| HOGS | 2017-07-19 | [Higher US Hog Numbers Expected to Result in Lower Market Prices
						 \| The Pig Site](https://feedsoft.ai/events/4731-higher-us-hog-numbers-expected-to-result-in-lower-market-prices-the-pig-site.md) | -0.8% | -10.2% |

## Sources

- feedstrategy.com: https://www.feedstrategy.com/animal-health-veterinary/african-swine-fever/article/15442354/rabobank-chinas-hog-prices-to-affect-global-markets

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