# eFeedLink - An update on the Chinese feed industry in 2023

> Chinese feed producers Twins Group and Guangxi Liyuan joined the ultra-large group in 2023, with Twins also taking control of Jiangxi Zhengbang. New Hope's output fell as it sold part of its pig business, and aquafeed output dropped after high fishmeal prices led farmers to cut production.

- Date: 2024-04-17 · published 2024-04-17T12:00:00.000Z
- Category: report · region China · magnitude low
- Page: https://feedsoft.ai/events/30734-efeedlink-an-update-on-the-chinese-feed-industry-in-2023
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Consolidation among large feed makers and a 2023 shift toward pig feed reflect China's compound feed demand. The fishmeal price spike and aquafeed cuts were past developments with limited direct price impact now.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2024-03-06 | [China pork market update: Challenges of 2023 to roll into 2024 \| AHDB](https://feedsoft.ai/events/31186-china-pork-market-update-challenges-of-2023-to-roll-into-2024-ahdb.md) | +0.0% | +2.0% |
| HOGS | 2022-05-10 | [China Feed Industry Association: Four measures to combat the cost soaring of domestic feed ingredients](https://feedsoft.ai/events/41394-china-feed-industry-association-four-measures-to-combat-the-cost-soaring-of.md) | +0.5% | +6.2% |
| HOGS | 2023-03-07 | [China pork production expected to rise slightly in 2023 - GAIN report
						 \| The Pig Site](https://feedsoft.ai/events/36848-china-pork-production-expected-to-rise-slightly-in-2023-gain-report-the-pig-site.md) | +2.3% | -7.8% |
| HOGS | 2021-09-14 | [China cuts forecast for feed use of corn in 2021/22 - Markets - Business Recorder](https://feedsoft.ai/events/45063-china-cuts-forecast-for-feed-use-of-corn-in-2021-22-markets-business-recorder.md) | +1.0% | +3.3% |
| HOGS | 2020-12-11 | [Chinese demand feeds feed price increases](https://feedsoft.ai/events/49769-chinese-demand-feeds-feed-price-increases.md) | +0.1% | +2.5% |
| SBM | 2017-09-29 | [Steady growth for China’s feed industry - Food & Agribusiness](https://feedsoft.ai/events/68862-steady-growth-for-china-s-feed-industry-food-and-agribusiness.md) | +2.0% | +1.7% |
| SBM | 2026-06-24 | [Global fishmeal output fell 28% in Q1 2026 as aquafeed industry accelerates search for alternatives \| eFeedLink](https://feedsoft.ai/events/18876-global-fishmeal-output-fell-28-in-q1-2026-as-aquafeed-industry-accelerates.md) | +0.1% | +4.2% |
| SBM | 2024-09-04 | [2022-24 overview of HPAI’s effect on the US layer industry \| WATTPoultry.com](https://feedsoft.ai/events/28301-2022-24-overview-of-hpai-s-effect-on-the-us-layer-industry-wattpoultry-com.md) | -2.1% | +8.9% |

## Sources

- m.efeedlink.com: https://m.efeedlink.com/contents/04-17-2024/9a54fd30-301d-4995-9c47-5efc2b5f4448-0003.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.