# Plenty of meat available as prices decline | 2018-08-07  | Food Business News

> The USDA July Livestock, Dairy and Poultry Outlook forecasts higher pork and beef output and lower hog and cattle prices in 2018 than 2017. Mexico has imposed tariffs on US pork, and China's duties total about 80%, adding uncertainty to export demand.

- Date: 2018-08-07 · published 2018-08-07T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/63476-plenty-of-meat-available-as-prices-decline-2018-08-07-food-business-news
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Ample red meat supplies and trade barriers on pork exports weigh on hog and cattle prices, reducing the value of animal protein and affecting feed demand outlook.

## Read by commodity

- HOGS: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2018-05-01 | [FEEDSTUFFS MEAT PRICE OUTLOOK: May 01, 2018](https://feedsoft.ai/events/4611-feedstuffs-meat-price-outlook-may-01-2018.md) | +0.8% | +11.7% |
| HOGS | 2020-06-26 | [Column: Hog prices fall to new lows \| Business \| journalgazette.net](https://feedsoft.ai/events/52774-column-hog-prices-fall-to-new-lows-business-journalgazette-net.md) | -2.5% | +10.8% |
| HOGS | 2019-12-17 | [USDA projects lower hog prices, adjusts meat production for 2020 - Brownfield Ag News](https://feedsoft.ai/events/55722-usda-projects-lower-hog-prices-adjusts-meat-production-for-2020-brownfield-ag.md) | +0.5% | -1.2% |
| HOGS | 2018-09-13 | [As meat supplies grow for export demand, trade and tariff doubts hurt on-farm prices \| 2018-09-13  \| The National Provisioner](https://feedsoft.ai/events/63200-as-meat-supplies-grow-for-export-demand-trade-and-tariff-doubts-hurt-on-farm.md) | +9.2% | +25.9% |
| HOGS | 2026-01-27 | [China pork output rises in late 2025 \| Food Business Middle East & Africa - No.1 Food & Beverage Formulation ...](https://feedsoft.ai/events/21053-china-pork-output-rises-in-late-2025-food-business-middle-east-and-africa-no-1.md) | +0.5% | +5.4% |
| LCATTLE | 2018-05-01 | [FEEDSTUFFS MEAT PRICE OUTLOOK: May 01, 2018](https://feedsoft.ai/events/4611-feedstuffs-meat-price-outlook-may-01-2018.md) | -7.4% | -13.3% |
| LCATTLE | 2018-09-13 | [As meat supplies grow for export demand, trade and tariff doubts hurt on-farm prices \| 2018-09-13  \| The National Provisioner](https://feedsoft.ai/events/63200-as-meat-supplies-grow-for-export-demand-trade-and-tariff-doubts-hurt-on-farm.md) | +2.1% | +1.8% |
| LCATTLE | 2016-12-23 | [Cattle prices declined in October - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/73417-cattle-prices-declined-in-october-progressive-cattle-ag-proud.md) | +3.7% | +6.4% |

## Sources

- foodbusinessnews.net: https://www.foodbusinessnews.net/articles/12301-plenty-of-meat-available-as-prices-decline

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