# 6 Issues Driving Global Hog Prices - Pork Business

> Rabobank's Pork Quarterly report lists six factors driving global hog prices in 2021. They include herd health problems such as African swine fever and classical swine fever, higher feed costs, pandemic-related demand uncertainty, and rising labor costs.

- Date: 2021-05-12 · published 2021-05-12T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/47253-6-issues-driving-global-hog-prices-pork-business
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Slower global pork output growth supports a rebound in hog and pork prices, while disease and higher feed costs keep upside risk in place.

## Read by commodity

- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2022-08-19 | [Lower Slaughter Numbers Drive Pork Prices Higher - Pork Business](https://feedsoft.ai/events/40186-lower-slaughter-numbers-drive-pork-prices-higher-pork-business.md) | -3.4% | -5.9% |
| HOGS | 2019-11-08 | [Global pork prices still soaring: Rabobank](https://feedsoft.ai/events/56225-global-pork-prices-still-soaring-rabobank.md) | -1.6% | -3.8% |
| HOGS | 2021-03-16 | [Demand for hams and bellies driving hog prices](https://feedsoft.ai/events/48269-demand-for-hams-and-bellies-driving-hog-prices.md) | +4.0% | +12.9% |
| HOGS | 2024-05-23 | [Demand strengthening pork, hog prices](https://feedsoft.ai/events/30394-demand-strengthening-pork-hog-prices.md) | -1.2% | -2.8% |
| HOGS | 2022-12-13 | [Processors’ Pinched: Paying Up For Live Hogs, Wholesale Prices Decline - Pork Business](https://feedsoft.ai/events/38369-processors-pinched-paying-up-for-live-hogs-wholesale-prices-decline-pork.md) | +2.0% | -3.6% |

## Sources

- porkbusiness.com: https://www.porkbusiness.com/news/industry/6-issues-driving-global-hog-prices

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