China's low-soy pig diet and the impact on soybean use

By Josephine Mason and Hallie Gu
BEIJING, Sept 19 (Reuters) - China's agriculture industry
and government are aiming to put the nation's vast pig herd on a
low-soymeal diet to reduce the country's reliance on U.S.
soybean imports, a move that would send shudders across the U.S.
farmbelt and beyond.
China's typical feed recipe contains about 20 percent
soymeal and 70 to 75 percent corn.
That's a higher soymeal ratio than pig farmers use in the
United States, where farmers have cut the ratio of soymeal over
time as other ingredients such as distiller's dried grains, a
byproduct of making ethanol and synthetic amino acids have
become more available and cheaper.
European farmers also use less soymeal. In Germany, protein
accounts for about 20 to 26 percent feed meal content, but
farmers use a wider variety of meals, including rapeseed and
sunflower meal.
Below is a table that shows the varying impact of cutting
soymeal rations in China's pig herd on soybean use using 20
percent as the current standard.
The calculations are based on industry standards that pigs
typically eat about 300-360 kilograms of feed to grow to 110-120
kg, which is the weight acceptable for market and an annual
slaughter rate in China of 660 million pigs.

% of Volume of Soymeal Volume of Cut in
soymeal in soymeal in volume in soybeans in tonnes of
feed kg needed tonnes needed tonnes soybean
for one pig for China's needed use
hog herd

20 percent 66-72 44-48 mln 62-68 mln
15 percent 45-54 30-37 mln 42-51 mln 20 mln
12 percent 36-43 25-28.5 mln 35-41 mln 27 mln
8 percent 24-29 16-19 mln 23-27 mln 40 mln

(Reporting by Josephine Mason and Hallie Gu; additional
reporting by Karl Plume in Chicago and Michael Hogan in Hamburg
Editing by Brian Thevenot)

2018-09-19 07:00:00

© 2018 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.