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Market position and industry characteristics
The North American animal feed industry (US and Canada) is the largest in the world. The Canadian animal feed industry is estimated at about 22 million tonnes in compound feed equivalents (CFE) in 2009, representing about 3% of the global animal feed industry. Poultry and dairy production is supply-managed by quota in Canada, resulting in a relatively stable feed demand. Swine and beef production are not controlled by quota.
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