However, after experiencing a downward trend for years, feed production was up more than 21 million tons in the first quarter this year, showing a remarkable increase compared with the same corresponding period last year. Profit increases in the aquaculture industry will lead the feed industry recovery, and it is expected that in the next two years the demand for corn and corn seed will continue to increase.
The proportion of seeds for feed grain use is much higher than those for industrial use in China, and this trend will continue to expand further. Corn feed consumption in terms of all feed consumptions, is the most important for this industry and occupies a large proportion because it is difficult to substitute due to the irreplaceable roles of the nutrients. Statistics from the Chinese government state that the proportion is nearly 6%. Now the whole domestic feed production has reached 100 million tons, but the demand is far beyond that.
Source: Food Ingredients First