by Vaughn Entwistle, Managing Editor, Milling
and Grain
On 27 January 2020, Alltech held its annual evaluation of compound feed production for 2020. The event, which was hosted at Alltech’s Kentucky Headquarters, is the most complete of its kind, and draws upon data from more than 140 countries and approximately 30,000 feed mills.
The survey was hosted by Alltech President Dr Mark Lyons, who this year fronted a panel of industry leaders including Jack Bobo, CEO, Futurity, USA; Bianca Martins, General Manager, Alltech, Mexico; Matthew Smith, Vice President, Alltech, UK; and Brian Lawless, North American Species Manager, Alltech, USA. The group discussed the trends behind the data and their implications for the global market. Topics ranged from consumer demand to the adoption of new technology. The event was also broadcast in a public livestream, allowing people from all over the world to attend.
Volatility affects world markets
2019 was a volatile year and the event began with a discussion of global forces that have impacted the world’s feed markets. Uppermost, was African Swine Fever (ASF), which had a devastating effect on China, which has most of the world’s pigs. Not surprisingly, ASF caused a staggering drop-off in feed sales to China (around 11%). China’s problems are particularly difficult to address, given the diffuse nature of its production base, where 98 percent of farmers own fifty or fewer pigs. China’s problems have had a knock-on effect for much of the region as the whole South-East Asian corridor is massively influenced by China, which will continue to dominate far into the future.
Global data indicates feed production by species as: broilers 28 percent; pigs 24 percent; layers 14 percent; dairy 12 percent; beef 10 percent; other species six percent; aquaculture four percent; and pets two percent. Predominant growth came from the layer, broiler, aqua and pet feed sectors.
Read more HERE.
On 27 January 2020, Alltech held its annual evaluation of compound feed production for 2020. The event, which was hosted at Alltech’s Kentucky Headquarters, is the most complete of its kind, and draws upon data from more than 140 countries and approximately 30,000 feed mills.
The survey was hosted by Alltech President Dr Mark Lyons, who this year fronted a panel of industry leaders including Jack Bobo, CEO, Futurity, USA; Bianca Martins, General Manager, Alltech, Mexico; Matthew Smith, Vice President, Alltech, UK; and Brian Lawless, North American Species Manager, Alltech, USA. The group discussed the trends behind the data and their implications for the global market. Topics ranged from consumer demand to the adoption of new technology. The event was also broadcast in a public livestream, allowing people from all over the world to attend.
2019 was a volatile year and the event began with a discussion of global forces that have impacted the world’s feed markets. Uppermost, was African Swine Fever (ASF), which had a devastating effect on China, which has most of the world’s pigs. Not surprisingly, ASF caused a staggering drop-off in feed sales to China (around 11%). China’s problems are particularly difficult to address, given the diffuse nature of its production base, where 98 percent of farmers own fifty or fewer pigs. China’s problems have had a knock-on effect for much of the region as the whole South-East Asian corridor is massively influenced by China, which will continue to dominate far into the future.
Global data indicates feed production by species as: broilers 28 percent; pigs 24 percent; layers 14 percent; dairy 12 percent; beef 10 percent; other species six percent; aquaculture four percent; and pets two percent. Predominant growth came from the layer, broiler, aqua and pet feed sectors.
Read more HERE.
The Global Miller
This blog is maintained by The Global Miller staff and is supported by the magazine Milling and Grain
which is published by Perendale Publishers Limited.
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