A healthy appetite for animal feed in China

China’s feed demand will remain robust in MY2020/21 with continued swine restocking and livestock sector growth contributing to an overall feed demand increase of 15.6 mmt from MY2019/20. Top industry players see rice and wheat substitutes as the major feed trend for the next 2 years. China’s MY2020/21 feed and residual use for all coarse grains and feed-quality wheat and rice are estimated to increase to 249.9 mmt, up 15.6 mmt from the previous marketing year due to forecast recovery of