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European Union: 82% of compound feed purchased were produced by EU compounders

According to FEFAC, in 2012, 153.5 mio. t of compound feed were produced by EU compounders, accounting for 82% of all purchased feedingstuffs.

Thursday 9 January 2014 (4 years 9 months 6 days ago)
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According to FEFAC, in 2012, 153.5 mio. t of compound feed were produced by EU compounders, accounting for 82% of all purchased feedingstuffs.

The value of all feedingstuffs used by EU livestock producers including forages produced on the farm is estimated at €85 billion in 2012. This accounts for 39% of all inputs and 57.5% of the turnover in livestock production.

The value of livestock production - amounting to €148 billion - accounts for 41% of the overall EU-27 agricultural output amounting to €361 billion in 2012. Animal feedingstuffs, including feed materials and compound feeds, are the main input into livestock production. Within the EU-27, about 470 mio. t of feedingstuffs are consumed by livestock each year. Out of this quantity, 230 mio. t mostly are roughages grown and used on the farm of origin. The balance, i.e. 240 mio. t of feed, includes cereals grown and used on the farm of origin (53 mio. t) and feed purchased by livestock producers to supplement their own feed resources (either feed materials or compound feed).

The market for feedingstuffs depends on the market for livestock products. In 2012, the EU-27 livestock population produced 47.5 mio. t of meat (thereof 7.5 mio. t of beef, 21.9 mio. t of pork and 12.7 mio. t of poultry meat), 141 mio. t of milk and 7.3 mio. t of eggs.

Tuesday December 31, 2013/ FEFAC/ European Union.
http://www.fefac.eu

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