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June 2020-FEFAC released the annual estimated data of compound feed production in the EU 27 countries in 2019 and the early market outlook for 2020, and estimated the impact of the new crown pneumonia lockdown measures on this year's production.
FEFAC expects compound feed production to fall by 3% to 6% in 2020, but warns that uncertainty remains high due to many unpredictable parameters, so this is only a rough guideline.
According to FEFAC, it was the poultry sector that responded more quickly to COVID-19 lockdown measures and production cuts, resulting in a significant reduction in the demand for poultry feed.
FEFAC stated: "Compared with 2019, the expected production loss in some countries is estimated to be as high as 10%.
The negative trends in poultry feed are mainly driven by the direct impact of COVID-19 and other factors.
At the same time, pig feed production in 2020 is expected to fall by 2.
FEFAC commented: “Although some countries are still affected by swine fever outbreaks (Poland, Hungary, Romania, Bulgaria), other countries have benefited from continued opportunities for pig exports, mainly to Asian countries, because these countries suffer from swine fever.
As for cattle feed, the closure of the HORECA chain and the reduction in demand for meat (especially veal, beef) and dairy products (cheese) have greatly affected production.
Compare 2019 dataLuU China Feed Industry Information Network-Based on feed, serving animal husbandry
FEFAC's preliminary estimates for 2019 released in December 2019 showed that the production of compound feed in the EU-28 countries reached 161.
It is estimated that poultry feed production increased by only 0.
"The increase in poultry meat imports and the increase in feed efficiency are the reasons for the slowdown in demand growth," FEFAC said.
At the same time, pig feed production fell by 0.
"Favourable weather conditions in 2019 mean that cattle feed demand will return to normal patterns," FEFAC commented.
