Feed Strategy - May 2018 - 8
8 ❙ FeedStrategy
GROWING PORK DEMAND
Pork gains popularity in world markets:
prices continued to rise. However, China's
feed ingredient prices are much higher
than in the United States: From 2000 to 2015, China's price
of soybean meal was consistently 20 to 40 percent higher
than in the United States, the U.S. Department of Agriculture
(USDA) Economic Research Service (ERS) reports.
In the United States and China particularly, pig producers are seeing improvements in feed conversion ratios,
due to larger, more efficient production systems and pig
diets that contribute to more rapid weight gain.
Will poultry beat out pork?
According to the National Pork Board, 110.58 mmt of
pork was consumed worldwide in 2017, compared with
88.14 mmt of chicken and 59.36 mmt of beef. Pork is "still
the No. 1 protein worldwide," Fleming says. "If we keep expanding and the countries around the world keep expanding,
it'll be hard for poultry to replace pork as the No. 1 protein."
AND RELIABLE INEDIBLE
As long as pork remains the most consumed meat in
China, it will remain the most consumed meat in the world.
Meyer agrees: "Worldwide, pork is still the most consumed meat in the world, with 42 to 43 percent of the
total. Anytime you win China, you're No. 1 and pork is
clearly the No. 1 meat in China."
However, Alltech states broiler feed production overtook swine feed production in 2017 and predicts that, by
2022, broiler meat will be the world's most widely consumed protein. "I think chicken will eventually catch it,
but I don't see that happening in the next eight or 10 years.
There's a pretty sizeable gap there," Meyer says. "Chicken
is a very inexpensive product to produce and, unlike pork,
doesn't have any religious connotations to it. So, you've
got the entire Muslim and Jewish world that is available to
chicken that isn't available to pork." ■
The ongoing growth and globalization of the livestock and
agricultural industry presents many challenges, such as
securing feed supplies that are safe, healthy and sustainable. Darling Ingredients' feed solutions have secured us a
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residuals, we have grown into one of the world's leading
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mortalities has proven to be the most secure and efficient
way of handling these materials, as compared to other
methods which can harm the environment through the
release of methane gases and pathogens.
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www.WATTAgNet.com ❙ May 2018