# Anatomy of a fall in global feed production

> The Alltech Agri-Food Outlook reports global feed tonnage of 1.29 billion metric tons in 2023, a 0.2% decline from 2022. Broiler, layer and pet feed grew while pig, dairy, beef, aqua and equine feed fell, with Asia-Pacific leading growth.

- Date: 2024-04-03 · published 2024-04-03T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/30854-anatomy-of-a-fall-in-global-feed-production
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Slipping pig and dairy feed volumes point to softer demand for grains and protein meals, though the overall change is small and gradual.

## Read by commodity

- SBM: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-10-14 | [USDA adjusts global grain production forecasts \| Feed & Grain](https://feedsoft.ai/events/27918-usda-adjusts-global-grain-production-forecasts-feed-and-grain.md) | -1.8% | +1.8% |
| CORN | 2023-11-30 | [Rabobank: Animal protein production growth will slow in 2024 \| Feed Strategy](https://feedsoft.ai/events/16138-rabobank-animal-protein-production-growth-will-slow-in-2024-feed-strategy.md) | +3.6% | +5.8% |
| CORN | 2020-11-27 | [Grain: global production estimates sharply revised - Mundus Agri](https://feedsoft.ai/events/50011-grain-global-production-estimates-sharply-revised-mundus-agri.md) | +0.1% | -0.9% |
| CORN | 2018-01-25 | [Iowa again leads nation in corn production](https://feedsoft.ai/events/66844-iowa-again-leads-nation-in-corn-production.md) | +0.1% | +0.8% |
| CORN | 2017-01-01 | [Corn and Soybean Production Outlook in 2017-18](https://feedsoft.ai/events/72931-corn-and-soybean-production-outlook-in-2017-18.md) | +0.3% | +2.3% |
| SBM | 2024-09-30 | [Aquafeed.com \|
   

   
    Global fishmeal and fish oil production surges in 2024](https://feedsoft.ai/events/28383-aquafeed-com-global-fishmeal-and-fish-oil-production-surges-in-2024.md) | -2.5% | -10.5% |
| SBM | 2021-05-04 | [Global fishmeal, fish oil production on upward trend \| Feed Strategy](https://feedsoft.ai/events/46984-global-fishmeal-fish-oil-production-on-upward-trend-feed-strategy.md) | +6.2% | -5.0% |
| SBM | 2025-01-14 | [US soybean production drops, global oilseed crush rises in 2024/25 \| Feed & Grain](https://feedsoft.ai/events/26590-us-soybean-production-drops-global-oilseed-crush-rises-in-2024-25-feed-and-grain.md) | -0.9% | -0.4% |

## Sources

- dairyreporter.com: https://www.dairyreporter.com/Article/2024/04/03/anatomy-of-a-fall-in-global-feed-production/

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