JAPANESE COMPOUND FEED OUTPUT FALLS IN JANUARY
Japanese compound feed output fell to
2.06 mln tonnes in January from 2.57 mln in December, against
2.04 mln a year earlier, Agriculture Ministry statistics show.
    January sales totalled 2.07 mln tonnes against 2.59 mln in
December and 2.04 mln a year earlier, while end-month stocks
were 233,003 tonnes against 230,764 and 241,567.
    Base mixes for the January compound feed output included
corn, sorghum and soybean meal.
    Corn use totalled 993,156 tonnes, against 1.20 mln in
December and 896,718 a year earlier, and its compounding ratio
was 48.1 pct against 46.6 pct and 43.1 pct.
    Sorghum use totalled 339,013 tonnes in January against
459,067 in December and 412,743 a year earlier, and its
compounding ratio was 16.4 pct against 17.8 pct and 19.8 pct,
the ministry's figures shows.
    Soybean meal use amounted to 202,546 tonnes against 253,498
and 213,287 and its compounding ratio was 9.8 pct against 9.8
pct and 10.2 pct.
 REUTER
