# Rabobank: Meat markets ‘tested’ in Q4 | 2020-10-27  | MEAT+POULTRY

> Rabobank's North American Agribusiness Review warns that US meat markets face turbulence in Q4 2020 from rising COVID-19 cases, the election, US-China tensions and the lack of stimulus. Beef output is down about 1% from 2019 while pork production is recovering and hog slaughter is near 2019 levels.

- Date: 2020-10-27 · published 2020-10-27T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/50591-rabobank-meat-markets-tested-in-q4-2020-10-27-meat-poultry
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Expected volatility and uneven pork supply recovery add uncertainty to hog and cattle prices and to feed demand from US livestock producers.

## Read by commodity

- HOGS: neutral
- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2019-03-08 | [Analyst: Beef will lead the protein pack in 2019 \| 2019-03-08  \| MEAT+POULTRY](https://feedsoft.ai/events/60235-analyst-beef-will-lead-the-protein-pack-in-2019-2019-03-08-meat-poultry.md) | +9.2% | +36.7% |
| HOGS | 2022-10-19 | [Meat Values Stoke Revenues; Inflation Offers Pause, CoBank Says - Pork Business](https://feedsoft.ai/events/39276-meat-values-stoke-revenues-inflation-offers-pause-cobank-says-pork-business.md) | +1.4% | -3.0% |
| HOGS | 2018-06-04 | [FoodFarmNews: China’s pig farmers plan to produce mega hog-farms to meet demands of world’s biggest pork market](https://feedsoft.ai/events/64512-foodfarmnews-china-s-pig-farmers-plan-to-produce-mega-hog-farms-to-meet-demands.md) | +3.9% | +10.6% |
| HOGS | 2023-07-10 | [Porkonomics: An Economic Outlook for the Pork Industry - Pork Checkoff](https://feedsoft.ai/events/35181-porkonomics-an-economic-outlook-for-the-pork-industry-pork-checkoff.md) | +2.7% | +3.9% |
| HOGS | 2022-05-27 | [China pig breeders go high-tech in self-sufficiency push \| Reuters](https://feedsoft.ai/events/41393-china-pig-breeders-go-high-tech-in-self-sufficiency-push-reuters.md) | +0.0% | +2.0% |
| LCATTLE | 2019-08-02 | [Industry Outlook for growing demand for US meat \| 2019-08-02  \| MEAT+POULTRY](https://feedsoft.ai/events/57743-industry-outlook-for-growing-demand-for-us-meat-2019-08-02-meat-poultry.md) | +0.1% | -3.9% |
| LCATTLE | 2023-09-13 | [Five key drivers for livestock markets in 2023 and beyond](https://feedsoft.ai/events/34034-five-key-drivers-for-livestock-markets-in-2023-and-beyond.md) | +0.9% | -0.3% |
| LCATTLE | 2022-10-19 | [Meat Values Stoke Revenues; Inflation Offers Pause, CoBank Says - Pork Business](https://feedsoft.ai/events/39276-meat-values-stoke-revenues-inflation-offers-pause-cobank-says-pork-business.md) | +2.1% | +2.9% |

## Sources

- meatpoultry.com: https://www.meatpoultry.com/articles/24017-rabobank-meat-markets-tested-in-q4

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