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In a move to control the rising domestic price of a key compound feed ingredient, India’s ministry of consumer affairs, food and public distribution has imposed stock limits on soybean meal.
Once again, FEFAC president, Asbjørn Børsting, looks back on EU feed industry developments this year and what lies ahead.
Global wheat markets have become marginally better supplied, mainly from a large Australian wheat harvest, a development that is pressuring not only domestic Australian markets, but also global ones, finds CRM Agri in its latest grain market analysis.
Global poultry markets are expected to be strong in 2022, on the back of reopening economies, increasing vaccination levels, and stronger economic conditions, according to Rabobank.
Palm oil production is set to recover next year in Malaysia, while soybean production in Brazil is forecast to reach record levels. Although, La Niña is set to play a critical part in the ultimate outcome of the latter, said the CRM Agri team.