As US-China trade tensions continue, China looks to trim the use of soybean meal in swine and poultry feed, while importing more alternative protein sources.
High feed prices, falling domestic production and increasing demand for dairy products are expected to support growing dairy imports, but tariffs on products of US-origin may hinder US efforts to supply the growing market.
China has dropped a ban on rapeseed meal imports from India as the government seeks to diversify sources of protein used in livestock and poultry feed given the trade war with the US, reported Reuters citing Chinese officials.
The Myanmar livestock feed industry has been growing steadily; the country’s total feed demand in 2018 is likely to increase by 15% from the previous year, and could reach 4 million metric tons (MMT) in 2020, report trade sources.
Dispatches from World Nutrition Forum in Cape Town
Africa will be home to 25% of the global population in 2050, and the demand for animal-sourced food is projected to be extraordinarily high on that continent in the coming decades, but production will be challenged to keep pace with consumption, says...
Policymakers globally have been weighing up the benefits of taxing meat, much in the same way as sugar, carbon emissions and tobacco. However, a Zurich based scientist and entrepreneur believes such a levy on meat would be disastrous.
Agri-commodity trader, Louis Dreyfus Company (LDC), has reported a fall in half-year profits, seeing a negative impact from its hedging strategy. It said it had taken a hit on derivative contracts used to lock in margins in its soybean business.
