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China's demand for imported forages, mainly alfalfa hay, has been affected by weak market demand for dairy products and the falling price of fresh milk. Although dairy consumption remained stable, oversupply of milk became a challenge due to the excessive investment in dairy farming over the last few years.

Peru is the largest fishmeal producer in the world. Fishmeal production in marketing year (MY) 2023/24 is forecast at 1.18 million metric tons, a 23 percent increase compared to the previous year's estimate.

On February 2, 2023, the Ministry of Agriculture and Rural Affairs (MARA) published a notice on the "Guidelines for Applications for New Plant-Extracted Feed Additives" along with revisions on approved additives. This report provides an unofficial translation of the MARA notice.