2024 Agri-Food Outlook by Alltech Released Top 10 feed-producing countries
Source: The DairyNews
Global animal feed production remained steady in 2023 at 1.29 billion metric tons (BMT), a slight decrease of 2.6 million metric tons (MMT) — or 0.2% — from 2022’s estimates, according to the 2024 Agri-Food Outlook, released today by Alltech.
The annual survey, now in its 13th year, includes data from 142 countries and more than 27,000 feed mills.
The overall lower demand for feed was due, in part, to the more efficient use of feed made possible by intensive production systems that focus on using animal nutrition, farm management and other technologies to lower feed intake while producing the same amount of protein, or more. A slowdown in the overall production of animal protein, in response to tight margins experienced by many feed and animal protein companies, also contributed to lower feed demand. Changing consumption patterns caused by inflation and dietary trends, higher production costs and geopolitical tensions also influenced feed production in 2023.
Top 10 countries:
The top 10 feed-producing countries are China (262.71 MMT, +0.76%), the U.S. (238.09 MMT, ‑1.13%), Brazil (83.32 MMT, +1.84%), India (52.83 MMT, +13.43%), Mexico (40.42 MMT, +0.02%), Russia (35.46 MMT, +3.83%), Spain (27.53 MMT, -11.88%), Vietnam (24.15 MMT, -9.63%), Japan (23.94 MMT, -1.15%) and Türkiye (23.37 MMT, -11.48%).
Together, the top 10 countries produced 63.1% of the world’s feed production (same as in 2022), and almost half of the world’s global feed production is concentrated in four countries: China, the U.S., Brazil and India.
Dairy feed tonnage decreased by 2.3% (126.23 MMT, -2.28%), primarily due to the high cost of feed combined with low milk prices, which led farmers to make strategic adjustments that included reducing their cow numbers and/or relying more on non-commercial feed sources.
In Europe, dairy producers will continue to grapple with stricter environmental policies in the years ahead, and they will need to find new ways to continue growing.
Asia-Pacific managed to buck the downward trend and emerged as the only region that increased its dairy feed tonnage in 2023. This growth was fueled by a continued increase in the consumption of milk products there, as well as an expansion of feed production in co-operatives.
This shift reflects the delicate balance between economic factors and the need to sustain dairy production. Lower feed costs and higher milk prices would help right the ship.
Beef feed production decreased by 4.36% (117.49 MMT, -5.35 MMT) globally — the most pronounced downward change among all species sectors last year. Changes in cattle cycles in the United States and stricter sustainability policies in Europe had major impacts, with the Asia-Pacific beef sector notably surpassing Europe’s in 2023.
The substantial decline in North America was the result of lingering droughts and high production costs, among other issues.
While the European and North American beef industries are expected to continue declining in 2024, growth is expected in China, Brazil and Australia — highlighting the complex dynamics and landscape of beef feed production around the world.
The overall lower demand for feed was due, in part, to the more efficient use of feed made possible by intensive production systems that focus on using animal nutrition, farm management and other technologies to lower feed intake while producing the same amount of protein, or more. A slowdown in the overall production of animal protein, in response to tight margins experienced by many feed and animal protein companies, also contributed to lower feed demand. Changing consumption patterns caused by inflation and dietary trends, higher production costs and geopolitical tensions also influenced feed production in 2023.
Top 10 countries:
The top 10 feed-producing countries are China (262.71 MMT, +0.76%), the U.S. (238.09 MMT, ‑1.13%), Brazil (83.32 MMT, +1.84%), India (52.83 MMT, +13.43%), Mexico (40.42 MMT, +0.02%), Russia (35.46 MMT, +3.83%), Spain (27.53 MMT, -11.88%), Vietnam (24.15 MMT, -9.63%), Japan (23.94 MMT, -1.15%) and Türkiye (23.37 MMT, -11.48%).
Together, the top 10 countries produced 63.1% of the world’s feed production (same as in 2022), and almost half of the world’s global feed production is concentrated in four countries: China, the U.S., Brazil and India.
Dairy feed tonnage decreased by 2.3% (126.23 MMT, -2.28%), primarily due to the high cost of feed combined with low milk prices, which led farmers to make strategic adjustments that included reducing their cow numbers and/or relying more on non-commercial feed sources.
In Europe, dairy producers will continue to grapple with stricter environmental policies in the years ahead, and they will need to find new ways to continue growing.
Asia-Pacific managed to buck the downward trend and emerged as the only region that increased its dairy feed tonnage in 2023. This growth was fueled by a continued increase in the consumption of milk products there, as well as an expansion of feed production in co-operatives.
This shift reflects the delicate balance between economic factors and the need to sustain dairy production. Lower feed costs and higher milk prices would help right the ship.
Beef feed production decreased by 4.36% (117.49 MMT, -5.35 MMT) globally — the most pronounced downward change among all species sectors last year. Changes in cattle cycles in the United States and stricter sustainability policies in Europe had major impacts, with the Asia-Pacific beef sector notably surpassing Europe’s in 2023.
The substantial decline in North America was the result of lingering droughts and high production costs, among other issues.
While the European and North American beef industries are expected to continue declining in 2024, growth is expected in China, Brazil and Australia — highlighting the complex dynamics and landscape of beef feed production around the world.
