# U.S. a bright spot in pork production — but those prices ...

> Rabobank cut its 2020 global pork production outlook to an 8% decline, citing COVID-19 plant disruptions in the US, Brazil and EU alongside African swine fever pressure in China and Southeast Asia. US live hog prices were down 41% year over year in early July due to ample inventories, and US pork exports were up 32% year to date.

- Date: 2020-07-28 · published 2020-07-28T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/52247-u-s-a-bright-spot-in-pork-production-but-those-prices
- 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

Sharply lower global pork output, especially in China, supports longer-term demand for feed ingredients, while US hog oversupply keeps near-term hog prices weak.

## Read by commodity

- SBM: neutral
- CORN: neutral
- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2018-11-26 | [Pork production is humming, but so is demand: USDA](https://feedsoft.ai/events/62204-pork-production-is-humming-but-so-is-demand-usda.md) | -1.9% | -0.2% |
| HOGS | 2026-01-20 | [China's Pork Production Jumps 7% in Q4 Amid Slaughter Rush - Pork Business](https://feedsoft.ai/events/21054-china-s-pork-production-jumps-7-in-q4-amid-slaughter-rush-pork-business.md) | +1.2% | +2.0% |
| HOGS | 2026-01-20 | [USDA sees 2026 pork production rising to 28.2 billion pounds as hog prices slip \| Feed & Grain](https://feedsoft.ai/events/21199-usda-sees-2026-pork-production-rising-to-28-2-billion-pounds-as-hog-prices-slip.md) | +1.2% | +2.0% |
| HOGS | 2017-10-30 | [Steady growth in pork production brings trade into sharper focus - Pig World](https://feedsoft.ai/events/68444-steady-growth-in-pork-production-brings-trade-into-sharper-focus-pig-world.md) | +0.6% | -3.4% |
| HOGS | 2023-10-27 | [Bright spots, uncertain trends forecast in global pork markets](https://feedsoft.ai/events/33780-bright-spots-uncertain-trends-forecast-in-global-pork-markets.md) | +2.9% | -3.0% |
| CORN | 2017-01-12 | [How does China pork production stack up to U.S.?](https://feedsoft.ai/events/72993-how-does-china-pork-production-stack-up-to-u-s.md) | +0.1% | +1.9% |
| CORN | 2026-01-20 | [USDA sees 2026 pork production rising to 28.2 billion pounds as hog prices slip \| Feed & Grain](https://feedsoft.ai/events/21199-usda-sees-2026-pork-production-rising-to-28-2-billion-pounds-as-hog-prices-slip.md) | +0.9% | +1.5% |
| CORN | 2023-07-10 | [China’s corn production to inch up in 2023-24](https://feedsoft.ai/events/14830-china-s-corn-production-to-inch-up-in-2023-24.md) | +4.0% | -8.3% |

## Sources

- meatingplace.com: https://meatingplace.com/u-s-a-bright-spot-in-pork-production-but-those-prices/

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