# Rabobank foresees trouble for pork

> Rabobank's October Global Pork Quarterly warns of weakening global pork demand after disappointing third-quarter markets in North America, Europe and China. US pork cutout values are running 25% below year-ago levels, with belly prices down 39% to their lowest seasonal level since 2017.

- Date: 2026-11-03 · published 2026-11-04T15:07:15.521Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/79880-rabobank-foresees-trouble-for-pork
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Weaker pork demand and squeezed producer margins could lead farmers to cut next year's herd and hog numbers, reducing feed grain and meal demand over time.

## Read by commodity

- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2017-07-26 | [Rabobank: Pork Quarterly Q3 2017 published](https://feedsoft.ai/events/69946-rabobank-pork-quarterly-q3-2017-published.md) | -2.2% | -15.8% |
| HOGS | 2022-04-14 | [Rabobank: Global economics to affect pork market, costs \| MEAT+POULTRY](https://feedsoft.ai/events/41978-rabobank-global-economics-to-affect-pork-market-costs-meat-poultry.md) | +7.6% | +1.6% |
| HOGS | 2020-07-23 | [Rabobank: Global pork production under pandemic pressure \| 2020-07-23  \| MEAT+POULTRY](https://feedsoft.ai/events/52128-rabobank-global-pork-production-under-pandemic-pressure-2020-07-23-meat-poultry.md) | +2.2% | +2.2% |
| HOGS | 2016-12-09 | [Rabobank Commodity Outlook Sees Strong Salmon, Shrimp Markets; Lower Fishmeal Prices](https://feedsoft.ai/events/73568-rabobank-commodity-outlook-sees-strong-salmon-shrimp-markets-lower-fishmeal.md) | +9.0% | +11.9% |

## Sources

- ontariofarmer.com: https://www.ontariofarmer.com/market/rabobank-foresees-trouble-for-pork

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