GLOBAL FEED PRODUCTION DOWN SLIGHTLY IN 2023. Р.2

Анотація

Alltech’s Agri- Food Outlook estimates that global feed tonnage totaled 1.29 billion metric tons (BMT) in 2023, a decrease of 2.6 million metric tons (MMT) — or 0.2% — from 2022*. 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. Slower production of animal protein, in response to tight margins experienced by many feed and animal protein companies, also contributed to lower feed demand. The feed tonnage rate — defined as the amount of feed produced and distributed per unit of livestock or poultry — is influenced by multiple factors that affect the demand and supply of feed, as well as the efficiency and profitability of animal production. Changing consumption patterns caused by inflation and dietary trends, higher production costs and geopolitical tensions also influenced feed production in 2023.