# Extra Beef, Pork Supplies Pressuring Chicken - Southeast AgNET

> Pilgrim's Pride reported a sharp drop in third-quarter earnings, which it blamed on a challenging US pricing environment. Trade disputes have increased beef and pork supplies, pressuring chicken sales, and the company expects the pressure to ease in 2019.

- Date: 2018-11-07 · published 2018-11-07T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/62199-extra-beef-pork-supplies-pressuring-chicken-southeast-agnet
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Excess beef and pork supplies and weaker chicken pricing reduce margins for processors and may slow chicken production growth, which affects feed demand.

## Read by commodity

- HOGS: bearish ▼
- CHICKEN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2019-08-23 | [China to impose extra tariffs on U.S. soy, beef and pork](https://feedsoft.ai/events/57438-china-to-impose-extra-tariffs-on-u-s-soy-beef-and-pork.md) | -1.5% | -11.2% |
| HOGS | 2018-11-13 | [Trump's trade war plunging demand for chicken as cheap pork fills the shelves
						 \| The Poultry Site](https://feedsoft.ai/events/62197-trump-s-trade-war-plunging-demand-for-chicken-as-cheap-pork-fills-the-shelves.md) | +2.5% | -4.5% |
| HOGS | 2018-09-10 | [U.S. pork and beef export volumes strong in July - Texas & Southwestern Cattle Raisers Association](https://feedsoft.ai/events/62968-u-s-pork-and-beef-export-volumes-strong-in-july-texas-and-southwestern-cattle.md) | +4.4% | +27.6% |
| HOGS | 2021-05-31 | [Pork Prices Set To Plunge As Chinese Demand Evaporates](https://feedsoft.ai/events/47250-pork-prices-set-to-plunge-as-chinese-demand-evaporates.md) | +2.1% | -6.1% |
| HOGS | 2025-11-04 | [Hog prices slip as China eases tariffs on US pork - CME
						 \| The Pig Site](https://feedsoft.ai/events/22095-hog-prices-slip-as-china-eases-tariffs-on-us-pork-cme-the-pig-site.md) | +0.4% | -4.4% |

## Sources

- southeastagnet.com: https://southeastagnet.com/2018/11/07/extra-beef-pork-supplies-pressuring-chicken/

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