Global consumers are eating more chicken and eggs. Annual chicken consumption is up 10 million tonnes from five years ago while that of eggs is up 6 million tonnes.
To produce a tonne of chicken requires more than two tonnes of grain. To produce a tonne of eggs requires more than 11 tonnes for grain. Latter is due to the need to feed the hen all year if she is to produce eggs. Impact on global grain consumption of feeding all those chickens, and ducks, has been dramatic. Ethanol is only part of the increased demand for grains. Consumers, around the world, improving their diet is the important element in higher demand for grains. Agri-Food companies and investments are going to benefit from this ongoing global demand shift.
