FAS forecasts a 2.2% rise in corn imports for MY 2025-26, reaching 15.8 million tonnes, the highest volume in six years.
The 40TPH feed mill factory, once completed, is projected to significantly expand domestic feed production capacity.
The deal, signed on November 4, covers the construction of factory buildings, warehouses, and supporting infrastructure for the project.
Developed through the company’s R&D Center in Shanghai, the Tianjin facility employs synergistic fermentation technology to break down anti-nutritional factors in soybean meal.
Experts are urging the government to embrace genetically modified maize and soybeans to reduce feed costs and stabilise supply.