# Uncertainties threaten optimism in global pork trade - Rabobank - Pig World

> Rabobank's Q2 2018 Pork Quarterly says the China-US trade dispute will distort markets and weigh on North American pork values. Chinese hog prices have fallen about 30% this year amid oversupply, and possible tariffs on US soybeans add cost pressure.

- Date: 2018-04-24 · published 2018-04-24T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/65664-uncertainties-threaten-optimism-in-global-pork-trade-rabobank-pig-world
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Trade barriers cut US pork export outlets and pressure hog values, while potential soybean tariffs raise feed costs for Chinese producers and could reduce soymeal demand.

## Read by commodity

- SBM: bearish ▼
- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2020-06-02 | [BRINGING HOME THE BACON: U.S. PORK TRADE - Global Trade Magazine](https://feedsoft.ai/events/52744-bringing-home-the-bacon-u-s-pork-trade-global-trade-magazine.md) | -11.2% | -18.2% |
| HOGS | 2018-07-17 | [Trade war leaves U.S. with mountain of cheap pork](https://feedsoft.ai/events/5212-trade-war-leaves-u-s-with-mountain-of-cheap-pork.md) | -10.7% | -26.8% |
| HOGS | 2018-07-17 | [Trade war puts the hoof into U.S. pig part exports to China](https://feedsoft.ai/events/5216-trade-war-puts-the-hoof-into-u-s-pig-part-exports-to-china.md) | -10.7% | -26.8% |
| HOGS | 2018-06-21 | [Trade Woes Shrink U.S. Pork Packer Margins To Three-Year Low - Perishable News](https://feedsoft.ai/events/64668-trade-woes-shrink-u-s-pork-packer-margins-to-three-year-low-perishable-news.md) | -0.1% | -11.4% |
| HOGS | 2018-03-23 | [U.S. livestock: CME hogs slump again on cash prices, trade war threat - Grainews](https://feedsoft.ai/events/66137-u-s-livestock-cme-hogs-slump-again-on-cash-prices-trade-war-threat-grainews.md) | -5.7% | +4.0% |
| SBM | 2018-11-18 | [Trade wars, currency and El Niño threaten price stability: Rabobank - Grain Central](https://feedsoft.ai/events/61970-trade-wars-currency-and-el-nino-threaten-price-stability-rabobank-grain-central.md) | -2.5% | -0.2% |
| SBM | 2025-05-29 | [US trade ruling puts uncertainty into poultry feed markets - Poultry Network](https://feedsoft.ai/events/24791-us-trade-ruling-puts-uncertainty-into-poultry-feed-markets-poultry-network.md) | +0.9% | -7.3% |
| SBM | 2018-07-30 | [Loading up on Uncertainty – Soy Crush Perspectives in Importing Regions - Rabobank](https://feedsoft.ai/events/64106-loading-up-on-uncertainty-soy-crush-perspectives-in-importing-regions-rabobank.md) | -0.1% | -6.0% |

## Sources

- pig-world.co.uk: https://www.pig-world.co.uk/news/rabobank-global-pork-quarterly-q2-2018-uncertainties-threaten-optimism-in-global-pork-trade.html

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