Forecast: Veal and Beef Excess Feed Cost in China

The excess feed cost for veal and beef in China is forecasted to rise consistently from 2024 to 2028, starting at approximately 407.43 million USD in 2024 and reaching 441.12 million USD by 2028. Considering there was a steady increase in these projected costs, the year-on-year percentage variation indicates a moderate upward trend, reflecting a compounded annual growth rate over the five-year forecast period.

Future trends to watch for include:

  • Fluctuations in global feed prices, which could impact forecasted costs.
  • Potential policy changes affecting agriculture and livestock sectors in China.
  • Technological advancements in livestock feeding and management that could mitigate excess feed costs.

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