Other Feeds, Meals & Fodders
U.S. Other Feeds, Meals & Fodders Exports in 2023
Total Export Value
$3.82 Billion
Total Volume (Millions)
5.92 Metric Tons
3-Year Average
$3.83 Billion
Compound Average Growth
1% (2014-2023)
| Market | Total Value (USD) |
|---|---|
| China | $563.66 Million |
| Canada | $487.2 Million |
| Mexico | $350.75 Million |
| Indonesia | $306.16 Million |
| Japan | $236.12 Million |
| European Union | $233.66 Million |
| South Korea | $217.38 Million |
| Vietnam | $182.9 Million |
| Chile | $152.35 Million |
| Colombia | $112.63 Million |
Data and Analysis
The Canadian Food Inspection Agency published the finalized guidance document clarifying their position on novelty declarations and pre-market assessments for livestock feeds derived from crops developed through gene-editing.
China's demand for imported forages, mainly alfalfa hay, has been affected by weak market demand for dairy products and the falling price of fresh milk. Although dairy consumption remained stable, oversupply of milk became a challenge due to the excessive investment in dairy farming over the last few years.
On April 4, 2024, the Government of Bangladesh issued a Statutory Regulatory Order (SRO) allowing the bulk import of animal feed ingredients without labels; fixing an issue that was causing tariffs to be applied to shipments of feed ingredients when bulk containers did not have labels in them.