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July 26, 2013

A view on the future of the feed industry

With the number of feed mills expected to halve within a decade, feed sales valued at over US$350 billion, and the feed industry being the major user of corn, feed grains and soy beans, any changes will have a significant impact worldwide. The consolidation and intensification of the feed industry has resulted in more tons produced from fewer feed mills. In the European Union between 2005 and 2010, for example, the feed mill size has increased from approximately 10,000 tons to 50,000 tons per feed mill per year, with the number of feed mills shrinking from a level of 10,000 to 2,000. This trend has been mirrored in the US, and even in China where the number of feed mills has dropped from over 15,000 to 10,000. Read More

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