Home Health Three Cheers for the Feed Industry!
Three Cheers for the Feed Industry!
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Tuesday, 21 March 2017 18:18
Globally, March 2017—Time for some good news: We rarely, if ever, stop to think about it, but those of us who are central to the production of food worldwide should not only be given three cheers for the work they do, it should be repeated several times daily.

Lexington, Kentucky-based Alltech, the only privately-held company among the top five animal health companies in the world—recently announced in its 2017 Global Feed Survey (www.alltech.com/news) that international feed tonnage has exceeded 1 billion metric tons for the first time. 
That’s a 3.7 percent increase over last year and represents 19 percent growth since the inaugural survey was done in 2012—all this despite a 7 percent decrease in the number of feed mills worldwide. The survey includes findings from 141 countries and more than 30,000 feed mills around the world.

With China and the United States leading the way in their production of one-third of all the world’s animal feed (beef, pork and aquaculture), this landmark “demonstrates the growing efficiency and consolidation of the feed industry,” according to Aidan Connolly, chief innovation officer and VP of corporate accounts for Alltech. “Not only has total feed production exceeded 1 billion tons for the first time, but it has done so with fewer facilities, which means greater efficiencies and a decreased environmental footprint.”

This new survey indicated that the world’s top 30 countries, ranked by production output, are home to 82 percent of the world’s feed mills and produce 86 percent of the world’s total feed. The top 10 feed-producing countries in 2016, in order of production output importance, were China, the United States, Brazil, Mexico, Spain, India, Russia, Germany, Japan and France. These countries contain 56 percent of the world’s feed mills and account for 60 percent of total production.
“Overall feed prices are down, and therefore food production costs are down,” said Connolly. “From a global perspective, we estimate the value of the feed industry at $460 billion.”

Not only will this survey provide a critical information resource for policy and decision makers and industry stakeholders, it points to a level of efficiency which is positively affecting every person on this planet.

Three Cheers, indeed!
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