Feed output surges 10.2% y/y in March

Feed output in March was 29.74 million tons, up 26.0% compared to February, and up 10.2% year on year, according to the China Feed Industry Association. Output of compound feed rose by 9.6%, concentrated feed rose by 23.9%, and premixed feed rose by 11.2%. Corn inclusions in feed were 42.9%, down from 46.9% in January and February. The association didn’t release data for March 2025 last year, but corn inclusions are essentially flat year on year. Soybean meal inclusions were 13.1%, up marginally...

 

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