Vietnam feed demand to rise in 2018

07.03.2018

Feed demand in Vietnam in 2018 is expected to reach 30 million tonnes, up from 29.1 million in 2017, driven by the growth in aquaculture. This was reported in a recent Global Agricultural Information Network report issued by the Foreign Agricultural Service of the US Department of Agriculture.

The report estimated that the use of feed wheat in 2018 will be at 1.8 million tonnes, instead of the previous forecast of 1.4 million tonnes. Corn and rice production in Vietnam are forecast todecline due mainly to unfavourable weather, while corn imports are forecast up from 8.5 million to 9 million tonnes. In 2018, Vietnam’s seafood sector aims to export USD 9 billion worth, mainly of shrimp and pangasius.


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