Soybean meal 'gold standard' in animal feed
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| Varieties of soybeans are used for many purposes. (Photo credit: Wikipedia) |
As the worlds population and middle class steadily increases, the demand for meat continues to grow. With US pork exports alone reaching approximately US$6 billion last year, with soybean being the standard feed ingredient for most US raised livestock. 97 percent of soybean meal is consumed for domestic production - feeding swine, poultry and ruminants.
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Russian premix production falls by a quarter
Russian production of feed premixes is down by approximately 25 percent - only producing approximately fifteen thousand tons of premixes in comparison to last months twenty thousand. But still approximately nine percent more then they had produced at the same time last year.
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