New Zealand: New Zealand Grain and Feed Market Situation
Link to report:
Total grain and feed (including oilseed meal) consumption in New Zealand is currently estimated at 5.8 million metric tons (MMT) for marketing year (MY) 2020, up nearly one percent over MY2019. Total consumption for MY 2021 is forecast at 5.6 MMT, down three percent with reduced dairy sector demand because of better pasture supplies. Due to New Zealand’s limited land for growing grains and oilseeds, approximately 60 percent of the total grain and feed supply is imported, with the other 40 percent produced domestically. A number of factors are resulting in a changing mix of imported feeds.
