DIET CHANGES, ANIMAL FEED DEMAND DRIVE CHINA’S HUNGER FOR PALM, SOY
November 3rd, 2013
THOSE who have spent some time walking Chinese supermarket aisles in the past decade will have noticed astonishing changes in the local diet. Increased sales of dairy products and meat are driving demand for soy as an animal feed ingredient, and demand for higher-end consumer products such as ice cream, and confectionery are increasing palm oil requirements.An example of China’s dietary needs: a new poultry plant in rural Anhui province, near Shanghai, built by US agricultural conglomerate Cargill Inc to feed and process five million chickens per year, which ...
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