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animal feed

With further adjustment and upgrade of livestock and poultry breeding structure, production structure of manufactured animal feed was also adjusted. Proportion of animal feed for hog further declined, while feed for chicken increased steadily and proportion of aquatic feed and feed for ruminant was much bigger. Production of formula feed rose a little, and production of condensed feed and additive premix continued to gear up as market demand increased. A lot of events with far-reaching impact happened on animal feed market this year. For instance, New Hope Group purchased Shandong Liuhe Group; Tongwei Goup purchased Yuehua Aquatic Feed Co., Ltd and so on. Further more, many animal diseases occurred this year, causing big impact to consumption of livestock products and production and consumption of manufactured feed. However, price of manufactured feed still remained at a comparative high level in the latest years, and price of feed stuff was on a low level. Therefore, general situation of animal feed market this year seemed better than last year. By October this year, gross output of feed enterprises above designated size was 52.04 million tons, earning gross industrial production of 126.8 billion yuan and sales income of 122.6 million yuan, up 24£¥¡¢27£¥ and 27£¥ from same period last year respectively.