According to released by the China Feed Industry Association

2023-04-20 13:34

According to estimates released by theChina Feed Industry Association, China’s total industrial feed production inMarch 2023 was 25.11 million tonnes, an increase of 10.4% month-on-month(m-o-m) and 5.5% year-on-year (y-o-y).

In March 2023, the ex-factory prices ofcompound feed, concentrate feed, and premix feed generally decreased m-o-m.

Regarding feed formulation, the proportionof corn used in the production of compound feed by feed companies was 38.1%, upby 1.3% y-o-y. The use of soybean meal in compound feed and concentrated feedwas 12.5%, down by 1.6% y-o-y.

In the first quarter of 2023, China’s totalindustrial feed production reached 70.52 million tonnes, up by 3% y-o-y.Specifically, the output of compound feed and premix feed totalled 65.42million tonnes (+3.3% y-o-y) and 1.58 million tonnes (+11.8% y-o-y)respectively. Concentrated feed output was 3.24 million tonnes, down by 7%y-o-y. The ex-factory prices of compound feed, concentrate feed, and premixfeed generally increased y-o-y.


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