Feed use is set to increase in China on strong poultry and pig sector growth
By Jane Byrne, Feed Navigator
A new report sees higher use of feed in 2020/2021 in China; this boost in consumption is based on recovery in the swine herd.
The USDA, in a recent GAIN outlook report, predicted that feed use in that Asian economy will jump by 6.8m tons in 2020/2021, a 3.2% hike on 2019/20, on projected swine restocking and strong growth in the poultry and ruminant sectors.
“Overall feed demand is forecast to recover to the 2017/18 level at around 218.9m tons.”
Overall feed production is projected to rise during the remainder of 2020 and into 2021 as the swine herd continues to recover from African swine fever (ASF) and the poultry sector expands to meet growing demand.
Referencing statistical data from China's feed industry association, the authors reported that, in July, the country's swine feed production increased 10.3% month-over-month and 36.8% year-over-year. Sow feed production witnessed a 77.8% increase year-over-year.
Poultry feed production in July in the Asian behemoth also recorded more than a 10% increase from last year.
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