more. Here are the key ;ndings:
➥In terms of business outlook for this year,
more than a third feels there will be an
improvement over 2010, as compared
to more than 50% last year.
➥Economics and ;nancial issues dominate
the top ;ve challenges. Once again,
“cost of grains/volatility in grain prices”
was ranked as the most important concern in all world regions, followed by
“energy costs, including transportation
and milling.”
➥Feed production volume is predicted to
increase from 2010 ;gures by more than
half of respondents, just as poultry and
egg production volume.
➥To support these increases, companies
are planning corresponding investments
in feed equipment and facilities.
➥The upward trend in the use of alternative
feed ingredients, including DDGS and
enzymes, continues.
Business outlook for 2011
Worldwide, the poultry nutrition sector’s
business outlook is not as optimistic as it was
in 2010. In terms of business outlook for 2011,
more than a third (38.2%) feels there will
be an improvement over 2010 – compared
to more than 50% of last year’s perception.
Almost a third ( 31.8%) foresees negative
or deteriorating pro;tability in 2011 due to
Read more Compare 2011 survey results with those of 2010www.WAT TAgNet.com/15913.html
➚
economic conditions, while almost another
third (30%) sees no change in pro;tability
from 2010. The business outlook is quite
different among the world regions. For
almost half of the U.S. respondents (47.6%)
the outlook is for negative or deteriorating
business conditions, while in the rest of the
world only 28.2% of respondents had a negative business outlook.
Major challenges in nutrition
and feeding
Economics and financial issues
were identi;ed as among the top ;ve
challenges. Once again, “cost of grains/
volatility in grain prices” was ranked
as the most important concern in all
world regions, followed by “energy
costs, including transportation and
milling.” “Quality of grains, including
mycotoxins and other anti-nutritional
factors” was rated third, followed by
the “cost of micro-ingredients or feed
additives” and “food/feed safety and/or
supply chain risk” tied as the third most
significant challenges. Respondents
ranked “capital for expansion/replace-
ment of production facilities” as the
;fth most important challenge facing
their operations.