# Pork: World Markets and Trade - ASPROCER

> The ASPROCER summary of USDA projections forecasts global pork exports up nearly 3% in 2018, with production rising about 2% to 113.1 million tons. Growth is driven by China and the US, while the EU is expected to cut output. US production is forecast to rise 4% in 2018, which the report says will pressure hog prices.

- Date: 2017-10-25 · published 2017-10-25T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/68443-pork-world-markets-and-trade-asprocer
- 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

Expanding global pork supply and US production growth would weigh on hog prices and reduce demand for feed ingredients used in hog rations. Stronger export demand partly offsets this.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2023-01-09 | [Ask the Experts: Pork Markets - Pork Checkoff](https://feedsoft.ai/events/37922-ask-the-experts-pork-markets-pork-checkoff.md) | -2.9% | -5.8% |
| HOGS | 2023-08-02 | [Rabobank anticipates weaker global pork trade](https://feedsoft.ai/events/34545-rabobank-anticipates-weaker-global-pork-trade.md) | -1.3% | -17.9% |
| 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 | 2024-03-13 | [US pork market update: production gains and lower pricing drive exports \| AHDB](https://feedsoft.ai/events/31348-us-pork-market-update-production-gains-and-lower-pricing-drive-exports-ahdb.md) | +1.1% | +6.3% |
| 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 | 2021-07-16 | [Livestock and Poultry: World Markets and Trade - Poultry Producer](https://feedsoft.ai/events/46223-livestock-and-poultry-world-markets-and-trade-poultry-producer.md) | -0.1% | -1.0% |
| CORN | 2021-07-14 | [Grain and Oilseed Markets and Weather Outlook](https://feedsoft.ai/events/45980-grain-and-oilseed-markets-and-weather-outlook.md) | -9.8% | -13.0% |
| CORN | 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) | -4.0% | -4.2% |

## Sources

- asprocer.cl: https://www.asprocer.cl/en/pork-world-markets-trade/

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