# Rabobank: Global pork production under pandemic pressure | 2020-07-23  | MEAT+POULTRY

> Rabobank's Q3 Pork Quarterly projects global pork output falling 8%, with China down 17%, the Philippines down 9% and Vietnam down 8% to 11%. US pork production is expected to rise 1.3%. Chinese live hog prices have risen sharply on tight supply, while US hog prices are down 41% year on year.

- Date: 2020-07-23 · published 2020-07-23T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/52128-rabobank-global-pork-production-under-pandemic-pressure-2020-07-23-meat-poultry
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower global pork output cuts competing meat supply and supports demand for feed grains and meals, while China's tight hog supply keeps feed demand firm.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲
- 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 | 2016-11-01 | [Prices for protein under pressure \| Meatpoultry.com \| October 31, 2016 21:11 \| MEAT+POULTRY](https://feedsoft.ai/events/73877-prices-for-protein-under-pressure-meatpoultry-com-october-31-2016-21-11-meat.md) | -1.4% | +0.5% |
| HOGS | 2020-07-13 | [CoBank: Recovery continues for meat, poultry segments \| 2020-07-13  \| MEAT+POULTRY](https://feedsoft.ai/events/52268-cobank-recovery-continues-for-meat-poultry-segments-2020-07-13-meat-poultry.md) | +9.6% | +10.6% |
| HOGS | 2024-03-20 | [Latest WASDE report raises red meat, poultry production - High Plains Journal](https://feedsoft.ai/events/31165-latest-wasde-report-raises-red-meat-poultry-production-high-plains-journal.md) | -0.2% | +9.0% |
| 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% |
| CORN | 2021-12-16 | [Global poultry demand up, but supply pressures stay in '22: Rabobank](https://feedsoft.ai/events/43769-global-poultry-demand-up-but-supply-pressures-stay-in-22-rabobank.md) | -2.7% | +0.4% |
| CORN | 2020-03-23 | [Rabobank Coronavirus ASF \| 2020-03-23  \| MEAT+POULTRY](https://feedsoft.ai/events/54282-rabobank-coronavirus-asf-2020-03-23-meat-poultry.md) | -0.8% | -5.0% |
| CORN | 2020-12-23 | [Rabobank: Challenges ahead for poultry market in 2021 \| 2020-12-23  \| MEAT+POULTRY](https://feedsoft.ai/events/49810-rabobank-challenges-ahead-for-poultry-market-in-2021-2020-12-23-meat-poultry.md) | +4.2% | +18.2% |

## Sources

- meatpoultry.com: https://www.meatpoultry.com/articles/23507-rabobank-global-pork-production-under-pandemic-pressure

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