# Supply driven market adds pressure prices - Brownfield Ag News

> Rabobank says global protein markets are supply driven, with large beef, pork and poultry supplies likely to pressure prices. It notes that lower 2017 breakeven costs and a recent futures rally create hedging opportunities, and that US beef exports to China could resume in 2017.

- Date: 2016-12-20 · published 2016-12-20T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/73613-supply-driven-market-adds-pressure-prices-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Large meat supplies reduce demand for livestock and reduce the pull for feed. Possible resumption of US beef exports to China would offer some future support for cattle prices.

## Read by commodity

- HOGS: bearish ▼
- CHICKEN: bearish ▼
- LCATTLE: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/supply-driven-market-adds-pressure-prices/

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