China: Trends in feed production and use

Published Apr 12, 2023

Tridge summary

China's feed use is expected to remain stable in the 2023/24 marketing year, driven by steady hog and poultry feed demand. The Chinese Feed Industry Association reports that industrial feed production rose by 3% in 2022, with poultry and pig feed accounting for 40% and 45% of production, respectively. The proportion of corn in feed rations increased by 30% in 2022, while the use of wheat and barley decreased. Hog production is predicted to drop by 2% in 2023 due to a decrease in sow inventory in 2022, and beef and poultry production is expected to remain unchanged. Corn imports are forecast to remain stable at 18 MMT, while sorghum imports are expected to increase. Corn planted area is expected to decrease as government policies favor soy production.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

China's marketing year 2023/24 total feed and residual use is forecast to change little from 2022/23, on anticipated stable hog and poultry feed demand. However, the proportion of corn mixed into rations is forecast to continue to rise. According to the latest China Feed Industry Association (CFIA) report, China's nationwide industrial feed production totaled 302.2 MMT in calendar year 2022, up 3% year-on-year. Pig and poultry feed production accounted for 45% and 40% of total feed production, respectively, compared with 45% and 41% a year prior. Feed mills used 30% more corn in their feed rations in 2022 than in 2021. Use of wheat and barley were greatly reduced while use of sorghum, wheat bran, rice bran, and domestically produced DDGs increased significantly in 2022. Hog production in 2023 is forecast to decline 2% to 700 million head due to a lower, on average, sow inventory in 2022 compared to 2021. With feed prices at high levels and persistently low pork prices, hog farms ...

Source: Pig 333