
Japanese retail data show imported beef prices in supermarkets were 27% above normal in November and imported chicken 15% higher, both record highs, while pork was only 5% higher. Pork prices are steadier because hog farmers use more domestic feed and source meat from diverse countries, whereas chicken relies mainly on imported feed and Brazil and Thailand supply 98% of imports.
Chicken's reliance on imported feed and concentrated supply makes it more exposed to feed and trade costs, while pork's diversified sourcing and domestic feed use keep it stable. For feed buyers, this signals stronger demand for domestic feed inputs and possible shifts between poultry and pig feed formulations.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.