China's livestock and poultry feed production is urgently needed to increase raw material imports

Published 2022년 5월 20일

Tridge summary

China's livestock and poultry feed production saw a decline in April due to increased raw material prices and epidemic lockdowns. The China Feed Industry Association reported a decrease of 10.8% compared to April last year. The transportation of feed raw materials and products has been obstructed, leading to rising freight costs and extended cycles. Small and medium-sized feed enterprises are facing financial difficulties due to increased raw material costs. To stabilize prices, the industry urges an increase in the import of feed raw materials and diversification of imported varieties. Meanwhile, China's soybean and corn imports have experienced significant increases this year.

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

Original content

[The Epoch Times, May 21, 2022] (Reported by Zhang Wan, a reporter from the Epoch Times Special Department) Affected by the rising prices of raw materials such as corn and soybeans and the impact of the epidemic lockdown, China's livestock and poultry feed production declined in April this year. China's feed industry is in urgent need Increase the import of feed raw materials to stabilize prices. On May 13, Wang Zongli, the head of the Central Animal Husbandry Station of the Communist Party of China, said at a discussion meeting with 18 feed companies in China that in April this year, due to the high price of raw materials, loss of breeding and epidemic prevention and control measures, feed production declined. According to statistics from the China Feed Industry Association, in April this year, China's total industrial feed output was 22.49 million tons, a decrease of 3.7% compared with March and a decrease of 10.8% compared with April last year. Among them, the output of pig ...

Source: Epochtimes