China’s hog feed production slightly declines in November. Hog producers have slowed down the pace in increasing hog stocks as the African swine fever is detected sporadically with the onset of winter, although there is a continued growth in the overall stocks in November. Moreover, farmers have sold out grown pigs in some regions, and also tend to stay on the sidelines as corn and soybean meal prices have snapped off an uptrend to decline in November.

Egg prices maintain a weak trend in a glut. Meanwhile, the breeding of layers suffers sustained losses due to a sharp rise in cost, so farmers are cautious in making replenishment while active in eliminating old chickens. Hence, the overall layer stocks continue declining in November, and there is also a decline in broiler stocks. Poultry feed production thus fall at a larger pace in November.

The production of aquaculture feed keeps falling this month, as aquaculture turns slack in winter. And the production is expected to extend a downtrend in December.

Of all 1135 feed enterprises in China surveyed by Cofeed, feed production is 11,035,488 tonnes in November, down 876,003 tonnes or 7.35% from 11,911,491 tonnes in the previous month but up 16.17% from 9,499,544 tonnes a year earlier.

Specifically,

Hog feed: 5,494,880 tonnes, down 133,286 tonnes or 2.37% from 5,628,166 tonnes in Oct and up 46.84% from 3,742,728 tonnes a year earlier;

Poultry feed: 4,378,248 tonnes, down 359,458 tonnes or 7.59% from 4,737,706 tonnes in Oct and down 7.25% from 4,720,584 tonnes a year earlier;

Aquaculture feed: 785,001 tonnes, down 394,678 tonnes or 33.46% from 1,179,679 tonnes in Oct and up 4.93% from 748,100 tonnes a year earlier;

Ruminant feed: 366,550 tonnes, up 14,101 tonnes or 4% from 352,449 tonnes in Oct and up 30.21% from 281,512 tonnes a year earlier;

Other feed (specific feed): 10,809 tonnes, down 2,682 tonnes or 19.88% from 13,491 tonnes in Oct.