USDA Attache Report: Grain and Feed Update

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USDA Attache Report: Grain and Feed Update - Vietnam

Friday, September 23,2016

AsemconnectVietnam - Following are selected highlights from a report issued by a U.S. Department of Agriculture attache in Vietnam:

Total rice production for MY 2015/2016 is down about a million tons, due mainly to the impact of drought weather conditions caused by El Nino, which lowered mainly the spring crop production in the Mekong River Delta.

The MY 2015/2016 rice export is revised down to 5.7 million tons. Regarding the corn crop, the local corn production areas faced greater difficulties in MY 2015/2016 due to adverse weather conditions and competitive prices from large corn producing countries like India, Argentina, and Brazil.

Imports of corn into Vietnam are up sharply from 4.9 million tons in the MY 2014/2015 to 7.9 million tons in the MY 2015/2016 due to attractive corn prices.
Source: Reuters.com

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