It’s predicted that the demand for pig feed will continue to increase in the second half of 2017

By CnAgri2017-08-23 09:56:47 Print In recent years, farming industry is reducing capacity. In the first half of 2017, hog breeding profit decreased, poultry breeding also suffered loss, so the total output of feed was decreasing as a whole.
According to the MOA’s monitoring data on 180 feed enterprises, the production of various feeds except for pig feed declined to some extent in the first half of 2017. The total production of feed was 9.036 million tons in the first half of 2017, decreasing 0.9% year on year, while the year-on-year growth rate was -1.0% in 2016. In the first half of 2017, the total production of pig feed was 3.858 million tons, up 10.4% year on year, while the growth rate was -4.8% in 2016, and pig feed sharply increased in 2017.
The production of pig feed has realized significant structural growth as the output of middle-and-high end feed for pigs in the early stage has been increasing greatly. Although hog inventory and reproductive sow inventory both decreased in China in the first half of 2017, the production of sow feed and creep feed increased sharply due to the growth in weight of hogs for slaughtering, production efficiency improvement and better breeding profit of piglets. In the first half of 2017, sow feed production and piglet feed production respectively increased 10.8% and 15.1% year on year.
BOABC thinks that hog inventory and reproductive sow inventory are hopeful to increase and the demand for pig feed will continue to grow in the second half of 2017. As a whole, the total demand for feed in the second half of 2017 may be better than that in the first half of 2017. 

Production situation of various feeds of 180 enterprises
Unit: 10,000 tons,%

	Pig feed	Laying poultry feed	Meat poultry feed	Aquatic feed	Ruminant feed	Other feed
Accumulative Y-O-Y ratio in the first half of 2017	385.8	159.7	229.9	64.3	54.1	10.0
	10.4	-11.0	-4.8	-5.6	-17.0	17.6

Data source: the MOA