|
Global feed survey
Story Date: 1/29/2018
| |
Source: NC FARM BUREAU, 1/26/18
The 2018 Alltech Global Feed Survey, released Jan. 25, estimated that international feed tonnage has exceeded 1 billion metric tons for the second consecutive year, with a total of 1.07 billion metric tons of feed produced in 2017. The growth seen in 2017 was strong at 2.57 percent over last year. The feed industry, valued at $430 billion, has seen 13 percent growth over the past five years. This substantial growth is supported by the higher reported consumption of meat, milk and eggs. The seventh edition of the annual survey is the most comprehensive ever, now covering 144 countries and more than 30,000 feed mills. The results show that China and the U.S. remain the top two countries, producing one-third of all animal feed, and that predominant growth came from the pig, broiler and dairy feed sectors, as well as the European and Asia-Pacific regions. The top seven feed-producing countries in 2017, in order of production output: China, USA, Brazil, Russia, Mexico, India and Spain. These countries contain approximately 54 percent of the world’s feed mills and account for 53 percent of total production.
|
|
|
|
