Japan: Grain and Feed Annual
Japan’s feed industry relies almost entirely on imported grains. The composition of ingredients in compound feed had been traditionally stable (with the exception of 2012/13 when corn prices soared), with only small adjustments made in the composition depending on the price and availability of ingredients. In MY2014/15, use of rice in feed expanded significantly, cutting into the share of other ingredients to a notable extent. With an increase in feed rice production in 2015, use of rice in feed is expected to expand further in MY2015/16 and MY2016/17, further lowering the use of other ingredients.