Feed production in January and February was 51.85 million tons, up 3.4% year on year, according to the China Feed Industry Association.
Corn inclusions in feed were 46.9%, up 1 percentage point compared to December, and up 0.9 percentage points year on year. Meal inclusions were 13.0%, down 0.7 percentage points compared to December, and down 0.3 percentage points year on year.
The association didn’t put out inclusion data for February 2023, but in March 2023 it was 12.5% for soybean meal. I poi...