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- (-) October 2021
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In MY 2021/22, Colombian corn, rice, and wheat demand are forecast to recover as Colombia returns to pre-pandemic economic growth levels.
The Hotel Restaurant Institutional (HRI) sector in Colombia is still rebuilding from the mandatory 6-month lockdown that caused serious economic damage across the sector.
Vietnam continues to struggle through its fourth Covid-19 outbreak which began in May 2021. The latest, and most severe outbreak has negatively affected the livestock and aquaculture sectors, as well as total feed demand due to strict government regulations and restrictions.
This report provides the latest update regarding developments in Vietnam’s Hotel, Restaurant, and Institutional (HRI) food service sector and provides a road map for exporters wishing to enter the market.
Vietnam is an emerging economy in Southeast Asia that has experienced rapid growth and development during the last few decades. As has historically been the case in many countries, growth in animal-based protein consumption has gone hand-in-hand with this economic development.
Post maintains its estimate for marketing year 2020/2021 (MY20/21) corn consumption at 14.5 million metric tons (MMT), but revised MY21/22 corn consumption down to 14.35MMT on a lower estimate for feed and residual with anticipation of declining feed demand in the second half of CY2021.
On September 9, the Colombian government released a new resolution to decrease its ethanol blend level to four percent (E4), effective September 11. Incremental increases are scheduled in the following 90 days, culminating with E10 by January 2022.
This report provides trade data on Vietnam's monthly rice exports by grade and destination and weekly export quotes for rice by grade.