Global pork industry confronts weaker consumption trends and feed cost volatility

According to the latest Rabobank quarterly pork report, softer consumption trends in early 2023 leave the global pork industry cautious as it struggles to adapt to a moving target. Weaker economic growth is beginning to take a toll on global pork consumption. Despite early signs that the worst of the inflationary impact may have already passed, the lagged impact on consumption is likely to be felt throughout 2023