China to cut corn and soymeal content in animal feed

Date of publication : 3/22/2021
Source : https://www.reuters.com/article/china-grains-feed-idUSL1N2LG0DJ

BEIJING (Reuters) - China’s agriculture ministry has launched a campaign to lower the content of corn and soymeal in animal feed, according to a document issued this week, which could have repercussions for the global grain trade.

The document, sent to animal feed producers and other government departments, outlines a plan for nutrition experts to draw up guidelines by the end of this month on ways corn and soymeal could be replaced by alternative grains, three industry sources with knowledge of the matter told Reuters.

The Ministry of Agriculture and Rural Affairs did not respond to a fax seeking comment.

The document comes amid a growing deficit of corn in China, which has pushed prices of the grain used largely in animal feed to record highs and triggered a surge in imports by the world’s second-largest consumer.

Customs data showed corn imports in the first two months of the year rose 400% to 4.8 million tonnes, while wheat and sorghum imports also surged.

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