Vietnam increases corn use in feed amid falling prices
Vietnam’s feed industry is increasing its use of corn thanks to lower raw material prices, which is improving production profitability. According to USDA FAS, the forecast for corn consumption in the MY 2025/26 has been raised to 16.05 million tons, while the estimate for MY 2024/25 remains at 15.8 million tons, including 14.3 million tons for feed.
Rising production costs in pig and poultry production are forcing feed mills to increasingly use more affordable ingredients, such as corn and DDGS.
To meet demand, corn imports remain high—12.5 million tons in MY 2025/26. The main suppliers are Argentina, Brazil, and the United States. Competitive import prices are helping to stabilize feed formulations amid rising production costs.
Read also
Food, Fuel, Future: How Will Ukraine Scale Processing?
Iran allows limited passage of grain vessels through the Strait of Hormuz
Ukraine announces first forwards for new crop corn in ports and at the border
World on the brink of a global LNG shortage: gas supplies from the Persian Gulf ne...
Argentina is preparing for its largest sunseed harvest in nearly 30 years.
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon