Malaysia: Grain and Feed Annual
With the exception of corn, imports for wheat and rice are expected to grow marginally through 2016/17. The implementation of the Goods and Services Tax in April 2015 and depreciation of Malaysian currency serve to curb demand in 2015/16. Growth in pork and poultry which already exceeded self sufficiency levels is slow, thus it limits growth in compound feed demand and therefore corn imports. The expected pace of increase in wheat and rice imports are functions of population growth while limited land constrains increases in rice area and production. In 2014/15, the U.S exported 30,000 tons of corn valued at US$5.7 million, 195,000 tons of wheat valued at US$47.5 million and no rice to Malaysia.
Malaysia: Grain and Feed Annual