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EU compound feed production in 2015 vs 2014

Pig feed and poultry feed grew by respectively 0.6% and 1.2%.

Monday 4 July 2016 (3 years 3 months 12 days ago)
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According to data provided by FEFAC members, compound feed production in the EU-28 in 2015 reached 157.3 mio. t, which is 0.6% more than in 2014. While cattle feed production dropped by 0.7%, pig feed and poultry feed grew by respectively 0.6% and 1.2%. Poultry feed thereby further enforced its leading position in EU feed production.

Feed costs remained low and even decreased compared to 2014. This was due to a good 2015 cereals harvest in the EU, both in terms of quantity and sanitary status, and a largely sufficient supply of oilseed meals globally, especially soybean meal. This compensated the still decreasing pigmeat quotations to a certain extent, while pigmeat production continued to increase by close to 4% in 2015.

As regards cattle feed, the picture is as usual very contrasted across Europe, depending on weather conditions for forages production. The effect of the lifting of the quota regime, with a +2% milk delivery in 2015 vs 2014, was hardly visible for the compound feed industry EU‑wide, with the exception of Ireland and the Netherlands.

Finally, poultry feed production continued to grow, boosted by an increase per capita in meat consumption (+2.7%), which primarily benefited to poultry meat (+4%). As a consequence, poultry feed consolidated its position of leading segment of EU compound feed production, now well ahead of pig feed.

Poland and Spain have been the only well performing Member States among the largest EU producing countries, with annual growth close to 4%. Germany recorded a significant decrease (-2.9%) after 5 consecutive years of growth, whereas the UK was set back by more than 4%, especially because of bad results in poultry feed. All other major producers – France, Italy and the Netherlands – saw limited changes in their production records.

Germany and Spain are shoulder to shoulder in their position as leading EU countries in terms of total compound feed production, well ahead France.

Tuesday June 28, 2016/ FEFAC/ European Union.
http://www.fefac.eu

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