In May 2024, China's industrial feed production was 25.13 million tons, an increase of 3.7% month-on-month and a decrease of 7.5% year-on-year

According to the China Feed Industry Association estimates, in May 2024, the national industrial feed production of 25.13 million tons, an increase of 3.7% month-on-month, down 7.5% year-on-year. The ex-factory prices of the main compound feed, concentrated feed and additive premixed feed products were mainly decreased month-on-month, and showed a downward trend year-on-year.

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The proportion of corn in compound feed produced by feed enterprises was 34.8%, an increase of 0.4 percentage points. The soybean meal consumption in compound feed and concentrated feed accounted for 13.9%, an increase of 0.8 percentage points.

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In May, the output of compound feed was 23.46 million tons, an increase of 4% month-on-month and a decrease of 7.3% year-on-year; Concentrated feed production was 980,000 tons, an increase of 0.3% compared with last year and a decrease of 14% compared with last year. Additive premixed feed production of 560,000 tons, down 2.4% month-on-month, down 4.3% year-on-year.

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In May, the price of fattening pig compound feed was 3.39 yuan /kg, down 0.6% month on month and 8% year on year. The price of compound feed for laying hens at the peak was 3.15 yuan /kg, down 0.9% from the previous quarter and 8.9% from the previous year. The price of broiler compound feed was 3.57 yuan /kg, down 0.7% from the previous quarter and 7.8% from the previous year. The price of carp compound feed was 5.28 yuan /kg, down 0.4% from the previous month and 2.7% year-on-year.

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In May, the price of concentrated feed for fattening pigs was 5.15 yuan /kg, down 0.9% month-on-month and 7.3% year-on-year; The concentrated feed price of laying hens at the peak was 3.66 yuan /kg, an increase of 0.3% compared with the previous year, and a decrease of 7.4%. The price of concentrated feed for broilers was 4.29 yuan /kg, down 1.3% from the previous quarter and 8.3% from the previous year.

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In May, the price of pig additive premix feed (4%) was 4.84 yuan /kg, an increase of 2% month on month, down 0.6% year on year; The price of additive premixed feed (5%) for laying hens in the peak period was 4.59 yuan /kg, down 0.8% from the previous quarter and 3% from the previous year. The price of additive premixed feed (5%) for broilers was 5.33 yuan /kg, down 0.2% quarter-on-quarter and 1.6% year-on-year.