Report Reveals State of China's Livestock Industry
CHINA - A report analysing China's feed market notes a particularly difficult time in 2006. It also noted that hog prices slumped from late 2005 to mid 2006 due to a market surplus leading to heavy losses and a substantial reduction of hog inventory.
The report, 'China Feed: Market Review & Outlook Proposal 2006-2007', also comments on the outbreaks of Bird flu, which occurred frequently during the period studied. It gave rise to a massive slaughter of poultry and a significant depression in the market.
However, in spite of the problems, some large feed enterprises were busy setting up new feed mills, upgrading productive capacity and annexing other feed mills. Some feed enterprises engaged in livestock production and some livestock farms engaged in feed production to pursue an integrated sequence of feed and livestock production.
On the basis of a comprehensive review of the livestock market, feed production, consumption and raw material supply in 2006, this study gives an in-depth analysis of the feed industry in 2006 and an outlook of the feed market in 2007. The study, together with plenty of data and charts, serves as a reference to international businesses hoping to learn about the Chinese feed and feed ingredient market.
Slipping
The report also explains how the the situation in the livestock markets has caused manufactured feed production to slip by more than ten percent in the first half of 2006 on the year-on-year basis. Although soy meal price dropped slightly in 2006, corn and fishmeal price moved up by a big margin.However, in spite of the problems, some large feed enterprises were busy setting up new feed mills, upgrading productive capacity and annexing other feed mills. Some feed enterprises engaged in livestock production and some livestock farms engaged in feed production to pursue an integrated sequence of feed and livestock production.
On the basis of a comprehensive review of the livestock market, feed production, consumption and raw material supply in 2006, this study gives an in-depth analysis of the feed industry in 2006 and an outlook of the feed market in 2007. The study, together with plenty of data and charts, serves as a reference to international businesses hoping to learn about the Chinese feed and feed ingredient market.
Further Reading
- | You can view the full report by clicking here. |