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Monthly analysis of consumption and supply of corn and main feed ingredients  

2017-11-24 11:40:54|  分类: 粮食安全 |  标签: |举报 |字号 订阅

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Data from the Bureau of Statistics show that national industrial feed output totally was 27.963 million tons in September, increasing 1.40% year on year, and the accumulative production was 220.761 million tons. The production of compound feed, concentrated feed and addictive premix respectively was 23.92 million tons, 2.82 million tons and 123,000 tons. If convert compound feed and concentrated feed into completed feed, the production of them was 31.967 million tons. Considering annual feed demand for feeding animals, the actual output of complete feed was 28.323 million tons in September, which needed 16.99 million tons energy feed.

It’s predicted that the consumption of corn in feed totally was 14.275 million tons and the consumption of non-corn feed ingredients was 13.34 million tons in September, of which, the consumption demand of other bulk energy feed was 2.719 million tons and the monthly consumption of protein feed was 10.621 million tons.

It’s predicted that the total supply of non-corn feed ingredients was 19.451 million tons in September, of which, the supply of by-product was 15.734 million tons which was enough for feed consumption and included 2.505 million tons bran, 1.689 million tons chaff and second head, 1.936 million tons corn bran and protein powder, 153,000 tons malt by-product and 9.521 million tons oil meal; totally 2.30 million tons wheat, paddy, rice and flour was directly used for feed.

From the perspective of the supply of imported feed and raw grains for industrial processing, China imported 2.161 million tons raw grains including 402,000 tons sorghum, 938,000 tons barley and 820,000 tons dry cassava and 194,000 tons processing by-product including 22,000 tons bran, 28,000 tons sugar residue and 145,000 tons oil meal. As a whole, the total supply of feed was 19.451 million tons, which is about 1.46 times of feed consumption in domestic.

 

In terms of corn consumption in starch industry, large scale corn deep processing enterprises consumed 2.17 million tons corn in October, increasing 27.65% year on year, and their accumulative consumption was 21.16 million tons, increasing 29.34% year on year; It's predicted that corn starch production was 2.27 million tons nationwide in October, consuming 3.39 million tons corn.

Corn consumption in brewing industry: fermentation alcohol production and liquor production were 840,000 KL and 1.25 million KL respectively, which totally could be converted into 1.65 million tons pure alcohol and consumed 4.23 million tons grains in which the consumption of corn was 2.41 million tons. Total industrial consumption of corn was 6.07 million tons in September, increasing 19.22% year on year; the accumulative consumption of corn from January to September was 50.40 million tons, up 13.44% year on year.

Comprehensively considering corn consumption for feed, industries, food, seed and loss, the total consumption of corn was 22.086 million tons. Month-end corn inventory was 133 million tons, decreasing 24.71 million tons from the previous year; monthly safety factor was 6.03, decreasing 2.08 from the previous year; month-end inventory and safety factor both were much lower than those in the same period last year.

Corn inventory was 118 million tons at the end of September, which includes 59.702 million tons state-owned corn inventory, 8.195 million tons for deep processing enterprises, 10.223 million tons for feed enterprises, 2.75 million tons for circulation enterprises and 52.256 million tons for farmers. In farmers’ inventory, 20.902 million tons is reserved for themselves and 31.354 million tons is for selling which accounts for 39.34% of domestic corn inventory for selling.
In 2017/18, annual production of feed is 210.5 million tons. The consumption of corn substitutes led to the decrease in feed consumption. Subsidy for processing industry brought about obvious growth in industrial consumption. End-inventory and safety factor declined sharply. It’s predicted that annual prices of crops will increase more than 10%. 

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