In October 2020, China’s feed production totals 23.82 mln tonnes, a month-on-month decline of 2.4% and a year-on-year rise of 20.9%, according to China's Feed Industry Association.
In terms of products, hog feed production sees a five-month straight rise to 9.34 mln tonnes, a month-on-month growth of 8.6% and a year-on-year growth of 64.3%, equivalent to 95.3% in October 2017. Egg-laying poultry feed production takes up 2.84 mln tonnes, a month-on-month decline of 2.2% but a year-on-year increase of 4.7%. Table poultry feed production is 8.15 mln tonnes, a month-on-month decline of 4.6% but a year-on-year increase of 3.9%. Aquatic feed production is 1.88 mln tonnes, a month-on-month reduction of 34.0% and a year-on-year reduction of 11.4%. Ruminant feed production takes up 1.23 mln tonnes, a month-on-month growth of 9.0% and a year-on-year increase of 28.0%.
From January to October 2020, China’s feed production amounts to 206.38 mln tonnes, an increase of 9.2% from a year earlier. Owing to a sustained recovery in hog population, hog feed production takes up 67.83 mln tonnes, a year-on-year increase of 5.4%. Hog feed production in the first ten months this year recovered to 80% of the production in 2017 and 2018 of the same period. Egg-laying poultry, table poultry and ruminant feed production is 28.65 mln tonnes, 77.64 mln tonnes and 10.12 mln tonnes, a year-on-year increase of 13.8%, 14.5% and 13.8%, respectively; and aquatic feed production is 19.15 mln tonnes, a decline of 4.8% from a year earlier.
Feed prices are broadly higher, as bulk feedstock prices move higher, bolstered by a rise in corn prices and an uptrend in soybean meal prices. Mixed batch prices climb 4.8-7.4 percentage points from a year earlier; concentrated feed prices advance 3.6-10.0 percentage points from a year earlier; and additive premix prices grow 0.5-2.5 percentage points from a year earlier.