Animal Feed – Agri Limpopo https://limpopoagriculture.co.za/af Agri Limpopo Tue, 16 Oct 2018 13:44:19 +0000 en-ZA hourly 1 https://wordpress.org/?v=5.2.4 https://limpopoagriculture.co.za/wp-content/uploads/2018/08/cropped-Untitled-design-1-32x32.jpg Animal Feed – Agri Limpopo https://limpopoagriculture.co.za/af 32 32 China has expanded the use of low protein animal feed formulas https://limpopoagriculture.co.za/af/china-has-expanded-the-use-of-low-protein-animal-feed-formulas/?utm_source=rss&utm_medium=rss&utm_campaign=china-has-expanded-the-use-of-low-protein-animal-feed-formulas https://limpopoagriculture.co.za/af/china-has-expanded-the-use-of-low-protein-animal-feed-formulas/#respond Wed, 08 Aug 2018 09:30:05 +0000 https://limpopoagriculture.co.za/?p=7080 There are interesting developments in the Chinese animal feed industry.

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  • There are interesting developments in the Chinese animal feed industry. Recent reports from the International Grains Council suggest that the country has expanded the use of low protein animal feed formulas. This could potentially reduce the soybean imports by 5 million tonnes in the 2018/19 season. Moreover, China’s imports of canola and sunflower meal are expected to increase this season and potentially substitute 6 million tonnes of soybean meal.
  • This comes on the back of the US-China trade dispute which led to the introduction of tariffs on soybean imports. Earlier this year, China’s 2018/19 soybean imports were expected to reach a record level of 103 million tonnes. A number of agencies and analysts have revised their forecasts down since the introduction of tariffs. Yesterday, China National Grain and Oils Information Centre placed its 2018/19 import estimate at 94 million tonnes, which is 9 percent lower than the estimates presented earlier in the year and a percentage point lower than the previous season. This will be offset by the aforementioned alternative protein sources.
  • Elsewhere, the unfavourable weather conditions experienced in parts of the US Midwest in the past couple of weeks have negatively affected the crop. In the week of 05 August 2018, about 67 percent of the US soybean was rated good or excellent, down by 3 percentage points from the previous week’s rating. There is, however, progress in terms of growth, with 92 percent of the crop already blooming, which is a 6 percentage points improvement from the previous week.
  • On the domestic front, the focus today will be on the producer deliveries data for the week of 03 August 2018 which is due for release at midday. The producer deliveries for the week of 27 July 2018 amounted to 2 426 tonnes. This placed South Africa’s 2017/18 soybean deliveries at 1.5 million tonnes, which equates to 95 percent of the expected harvest of 1.6 million tonnes.

    • Click HERE to read the full report

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    ]]>     https://limpopoagriculture.co.za/af/china-has-expanded-the-use-of-low-protein-animal-feed-formulas/feed/ 0     Tight supplies in the global maize market https://limpopoagriculture.co.za/af/tight-supplies-in-the-global-maize-market/?utm_source=rss&utm_medium=rss&utm_campaign=tight-supplies-in-the-global-maize-market https://limpopoagriculture.co.za/af/tight-supplies-in-the-global-maize-market/#respond Tue, 16 Oct 2018 13:44:19 +0000 https://limpopoagriculture.co.za/?p=7444 Although the 2018/19 global maize harvest is expected to increase by 3 percent from the previous season to 1.07 billion […]

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  • Although the 2018/19 global maize harvest is expected to increase by 3 percent from the previous season to 1.07 billion tonnes, the global supplies will remain tight. This is due to an anticipated uptick of maize usage in industrial, animal feed industries. The industrial (mainly ethanol) and feed industries maize usages are set to increase by 3 percent and 4 percent from the 2017/18 season to 305 million and 645 million tonnes, respectively.
  • The uptick in demand from the animal feed industry is partly on the back of lower global wheat production resulting to feed processors switching to maize as a substitute. As a consequence of this, the 2018/19 global maize stocks are set to decline by 12 percent from the previous season to 261 million tonnes.
  • The wet weather conditions experienced last week in the US had a minimal impact on maize harvest activity, as well as crop conditions last week. The most recent data from the USDA shows that 39 percent of the US maize crop had already been harvest on 14 October 2018, which is 12 percent ahead of the corresponding period last year. In addition, this 4 percentage points ahead of the average five-year pace.
  • Also worth noting is that this 68 percent of the US maize crop was rated good or excellent on 14 October 2018, which is unchanged from the last week, but 3 percentage points better than the corresponding period last year.
  • Back on home soil, the eastern and central parts of the country received a fair amount of rainfall in the past few days which has slightly improved soil moisture. The next two weeks could bring additional showers over the maize growing areas which should further increase soil moisture and benefit the planting process.

    • Click HERE for the full report. 

    Sourced: Agbiz Morning Market Viewpoint on Agri-Commodities

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