Vietnam: Grain and Feed Update Quarterly
FAS Vietnam concurs with USDA official wheat imports for marketing year (MY) 2017/2018 at 4 million tons, down from the previous year due to expected lower wheat feed demand. Production for MY 2017/2018 corn crop is forecasted down to 4.88 million tons due mainly to unfavorable weather; MY 2017/2018 corn import is forecasted up to 9 million tons to fill the high demand gap of the feed industry. Vietnam’s total rice production for MY 2016/2017 is revised down to 43.85 million tons of paddy, due to adverse weather conditions; total export for MY 2016/2017 is also revised down to 6.4 million tons.
