
The 2017 Alltech Global Feed Survey reports that world compound feed production exceeded one billion tonnes for the first time, up 3.7% from last year. The US and China together produce about one-third of the total, with growth led by beef, pig and aquaculture feed.
A 3.7% rise in global feed output signals stronger demand for feed grains and meals. The survey is a data release with no single shock, so the price impact is moderate and gradual.
After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
After 414 past bullish report events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.