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Modest growth in EU for compound feed production

The compound feed production in the EU-28[1] in 2015 reached an estimated level of 156.1 mio. t, i.e. 0.2% more than in 2014, according to data provided by FEFAC members.
Feed costs remained low and even decreased compared to 2014, due to a good 2015 cereals harvest in the EU, both in terms of quantity and sanitary status, and a largely sufficient supply of oilseed meals globally, especially soybean meal. This compensated the still decreasing pigmeat quotations to a certain extent, at a time when pigmeat production continued to increase by close to 1%2 in 2015. At the end of the day, in spite of the economic incentive to pig farmers to use their own cereals, industrial pig feed production remained stable in 2015.
As regards cattle feed, the picture is as usual very contrasted across Europe, depending on weather conditions for forages production. The effect of the quota regime, with a +1%2 milk delivery expected in 2015/16 vs 2014/15, was hardly visible for the compound feed industry EU-wide, with an overall 1% decrease in industrial cattle feed.
Finally, poultry feed production continued to increase by almost 2% in 2015, boosted by an increasing per capita consumption of meat (+2%[2]), which benefited primarily to poultry meat (+2.5%). As a consequence, poultry feed consolidated its position of leading segment of EU compound feed production, now well ahead of pig feed.

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