Rabobank: Animal protein could face trade challenges again in 2019

After 61 past neutral report events, Lean Hogs moved a median -0.4% over 5 sessions (48% higher; middle half -1.3% to +1.8%), and +2.1% over 20.

• Jul 28, 2023CoBank details pork market challenges | MEAT+POULTRY-0.4%
• Jan 18, 2022Pricing, production challenges ahead: Rabobank+4.5%
• Oct 15, 2026Market Insights: The three stories of protein | MEAT+POULTRY-2.4%
• Apr 3, 2023CoBank: Animal protein performance to strengthen despite pressures-2.4%
• Feb 24, 2025Rabobank: Pork producers stay cautious of herd expansion | MEAT+POULTRY-2.6%

Not enough comparable past events yet for a historical read.

After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.

• Dec 14, 2017Rabobank: Promising outlook for poultry in 2018+2.3%
• Nov 7, 2023Global poultry markets recover as challenges ease - Rabobank | The Poultry Site-0.8%
• Nov 30, 2023Rabobank: Animal protein production growth will slow in 2024 | Feed Strategy+3.6%
• Apr 14, 2022Rabobank: Global economics to affect pork market, costs | MEAT+POULTRY+3.1%
• Jun 19, 2019CoBank: US poultry market can handle a future downturn | 2019-06-19 | MEAT+POULTRY+1.3%

After 250 past neutral report events, Soybean Meal moved a median -0.1% over 5 sessions (49% higher; middle half -1.6% to +1.7%), and +0.4% over 20.

• Dec 14, 2017Rabobank: Promising outlook for poultry in 2018-2.9%
• Nov 7, 2023Global poultry markets recover as challenges ease - Rabobank | The Poultry Site+6.3%
• Nov 30, 2023Rabobank: Animal protein production growth will slow in 2024 | Feed Strategy-4.6%
• Jul 19, 2022Rabobank Poultry Report forecasts challenging global and U.S. markets | The National Provisioner+3.2%
• Apr 14, 2022Rabobank: Global economics to affect pork market, costs | MEAT+POULTRY+2.1%