Industry Trends

JANUARY 2024

See what has been happening in Asia’s animal feed and health industries over the last weeks. What are experts and industry magazines talking about?

What has been happening?

Outlook for 2024 poultry market, Improved on-farm antibiotic use in poultry production, Bird flu threat looms as poultry sector poised for growth amidst lower feed costs, and more. See what feed journals and feed industry experts have been discussing in the last four weeks.

Latest Industry Articles

Rabobank provides outlook for 2024 poultry market
MEAT+POULTRY

Analysts discussed some of the volatility still out there in the industry. In an updated outlook Rabobank’s poultry report for Q1 2024 expects conditions in the segment to be a moderately positive year. Analysts from the financial services company forecasted 1.5% to 2% growth for next year.
Research indicates improved on-farm antibiotic use in poultry production
MEAT+POULTRY

USPOULTRY has supported the research project for over a decade.
Poultry sector poised for growth amidst lower feed costs, but bird flu threat looms
FeedNavigator

Global poultry industry growth will accelerate from 1.1% this year to 1.5% to 2% due to lower feed costs, finds an industry outlook.
Nestlé to offer cash payments to Fonterra dairy farmers under net-zero carbon partnership
FeedNavigator

A new agreement will see Nestlà fund an additional payment to farmers who achieve one of the three levels of Fonterra’s The Co-operative Difference framework during the 2023/24 season.
Uncertainty clouds EU's compound feed demand outlook
FeedNavigator

The impact of animal diseases, economic ambiguity, continued high food price inflation, persistent weather irregularities and increased imports of poultry products from Ukraine are affecting EU27 compound feed production, says FEFAC.
Slicing, Packaging, Automatic Loading, and more
MEAT+POULTRY

The meat and poultry processing industry has seen a recent shift in consumer and livestock producer preferences. A new market needs processing plants of smaller to medium scale to slaughter and butcher animals in lower numbers. At the International Production and Processing Expo 2024, MULTIVAC USA will showcase its latest machines to fit the needs of these smaller facilities. Get a peek at what machines you’ll see at IPPE and visit Booth C37125 for live demonstrations.
GCash and Mayani unite to bridge Philippines’ $6B agri-fisheries credit gap
TheFishSite

Mayani, an agri-fisheries platform connecting smallholder aquaculture operators, farmers and fishers to buyers, has recently formed a strategic partnership with the Ant-backed GCash in rolling-out an agri-fintech product to jointly take on the prevailing agri-….
Malayan Flour, Dindings Poultry to challenge MyCC’s RM70m penalty decision
The Malay Mail Online

Malayan Flour Mills Bhd and its joint venture company, Dindings Poultry Development Centre Sdn Bhd, are in consultation with their external legal counsel to challenge the Malaysia Competition Commission’s (MyCC) decision to impose a penalty of RM70.02 million for a price-fixing infringement. In a Bursa Malaysia filing today, the companies said that the MyCC’s finding of infringement was without merit.
Low food tariffs will help, but agri output ultimately needs to rise — Balisacan
BusinessWorld

The extension of reduced tariffs on key food products will help mitigate inflation, but the Philippines will ultimately need to improve agricultural output, according to the National Economic and Development Authority (NEDA). In a statement Thursday, NEDA Secretary Arsenio M. Balisacan said the Philippines should also diversify its sources of imports to ensure the sufficiency and affordability of food.
Extension of tariff cuts seen to mitigate El Niño impact on food prices

BusinessWorld

The extension of reduced tariffs on rice and other key agricultural commodities will help cushion the inflationary impact of the El Niño weather phenomenon, analysts said. “This will ensure stable, if not lower, prices for these products, particularly during the El Niño next year which will hit our agriculture sector. This move is most welcome,” former Agriculture Undersecretary Fermin D. Adriano said in a Viber message.

Lancang-Mekong dairy training interests many in Myanmar
Global New Light Of Myanmar

Many people in Myanmar are interested in the training programme under the Lancang-Mekong Cooperation to upgrade dairy industry, according to […].
Feed millers see supply of inputs dwindling

BusinessWorld

The feed industry is seeking more government support to get through the expected decline in the domestic supply of feed inputs next year, according to the Philippine Association of Feed Millers, Inc. (PAFMI). PAFMI President Edwin C. Mapanao said that the industry is growing but faces challenges like a lack of competitive inputs, animal disease management, and excessive imports of finished meats. He added that feed millers are currently facing sourcing challenges.

World animal health body warns of swine fever vaccine risks as Vietnam readies exports

BusinessWorld

The World Organisation for Animal Health (WOAH) is warning that more testing of African swine fever vaccines is needed, triggered by Vietnam’s plans to export doses in coming months to fight a disease that regularly ravages pig farms worldwide.

Breeding program, tech upgrades urged for dairy industry

BusinessWorld

Farmers said the dairy industry requires a breeding program and technical upgrades to service growing demand, which is currently overwhelmingly met by imports. The Philippine Chamber of Agriculture and Food, Inc. (PCAFI) said “there is an urgent need to fund a comprehensive breeding program and hiring of technical personnel and support imports of high-quality parent stock to build up the herd.” The Philippines currently imports about 99% of its dairy requirements.

Long-term permits urged for aquaculture to meet fish demand

BusinessWorld

The government needs to issue more long-term permits for aquaculture to meet growing demand and as the rest of the industry observes sustainable practices like closed fishing seasons, a fisheries advocate said.
“One of the ways to boost fisheries production is to give permits to those who would like to raise fish long term,” Asis G. Perez, co-convenor of Tugon Kabuhayan said by telephone.

Related Articles & Trends

Animal Feed & Health Trends – April 2024

Animal Feed & Health Trends – April 2024

Poultry industry told to prioritize immune health for profitability boost, Pheromones for effectively stress mitigation in dairy calves, Conditions of poultry markets positive, and more. See what feed journals and feed industry experts have been discussing in the last four weeks.

Animal Feed & Health Trends – March 2024

Animal Feed & Health Trends – March 2024

Botanicals to improve milk production in dairy cows, Transforming fish waste into sustainable feeds, Krill-based salmon feeds, and more. See what feed journals and feed industry experts have been discussing in the last four weeks.

Animal Feed & Health Trends – February 2024

Animal Feed & Health Trends – February 2024

Fermentation tech to be game-changer for feed industry sustainability, Enhancing laying hen production with plant and algae-based technology, and more. See what feed journals and feed industry experts have been discussing in the last four weeks.

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