Overview of the Feed Milling Industry
Feed is one of the most critical inputs to the livestock, poultry and aquatic animal industries in the Philippines. It represents roughly 60 percent of the total cost to produce pork, poultry meat and eggs. Because of the critical role of feeds to these industries, feed production or feed milling has evolved into a multi-billion-peso support industry to animal and fish production. Its biggest clients, however, are the swine and poultry industries. The feed milling industry also provides business opportunities to local entrepreneurs and employment to the Filipino work force. It serves as the major market to corn and other crop by products (e.g. rice bran and copra meal) thus ensuring income to crop farmers. The most common feed ingredients used by the Philippine Feed Milling Industry are yellow corn, soybean oil meal, rice bran, copra meal, fishmeal and wheat. Cassava and sweet potato meals, brewer’s yeast and ipil-ipil leaf meal are also used as feed ingredients at a lesser extent. There are three types of feed millers. These are the commercial feed millers which focuses on the sales of the feed that is produced. The second is the integrators which produce feeds both commercially and for own consumption. The last type is the home mixers which focus in producing feeds only for their own consumption. Issues in the Feed Milling Industry
One issue that we stated in our report is the increasing demand for livestock snd poultry. Simply, we can see the relationship of this feed industry and this animal businesses. The animal that the consumer buy in the market need to be fed and so if that’s the case there is a need of feeds for the gain of weight of this animals and also for the supply of nutrients that these feeds give to these animals for the good consumption of the buyers.
Our next issue is the the heavy dependence of the Philippines on importation. We import most of our materials...