Feed prices in Vietnam may rise another 3–5% by year-end

Animal feed prices in Vietnam could rise by another 3–5% by the end of 2026 due to higher costs of imported raw materials and logistics. The forecast was released by the country’s Ministry of Agriculture and Environment.

The main cost pressures come from geopolitical tensions in the Middle East and disruptions to maritime shipping through the Red Sea and the Strait of Hormuz. These factors are driving up freight and insurance costs while forcing importers to use longer logistics routes.

Vietnamese feed producers have already begun passing some of the additional costs on to buyers. Finished feed prices have increased by $4–11/t as producers seek to partially offset higher production costs.

According to the Vietnam Poultry Association, global prices for feed ingredients have risen by 10–15% in recent months. If current trends continue, the increase could reach 20–25%, putting additional pressure on producers of meat, eggs and other livestock products.

At the same time, Vietnam is not expected to face a physical shortage of animal feed. The ministry says domestic supplies remain sufficient, meaning the main risk for the sector through the end of the year is not availability but further price increases.

Tags: Vietnam, compound feed