Vietnam buys feed grain amid falling prices
Vietnamese importers of feed grain are pleased with the price drop. According to the Ministry of Industry and Trade, wheat imports rose 2.8 times to 1.74 million tons in January-February, driven by a 25 percent drop in prices. The grain traded at $276 per ton during the period, attracting buyers.
Corn imports, trading at US$256 per ton, down 25%, also doubled over the same period. Soybeans, another important ingredient, also caught the attention of traders thanks to a 20% drop in prices, leading to a 70% increase in imports.
Read also
Join agri leaders of the Black Sea & Danube region at the 22 International Co...
China is buying up Brazilian soybeans in case of a trade war with the US
Jordan purchased 60 thousand tons of wheat
Improved crop condition in the US and accelerated harvest in Australia and Argenti...
Prices for soybean oil in Chicago rose sharply after Trump’s statement, whic...
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon