Vietnam: Grain and Feed Annual
Post estimates Vietnam’s wheat import volume in the MY 2014/2015 at 2.10 million tons, a slightly increase compared to MY 2013/2014 imported volume, with expectations of an increase in the use of feed wheat. Imported volume for MY 2015/2016 is forecast at 2.2 million tons, with the same expectation of increased feed wheat use. Vietnam’s wheat imports for MY 2013/2014 were 2.03 million tons, about 100,000 lower than USDA’s official estimate mainly due to less imported feed wheat.
Post estimates corn imported volume in MY 2014/2015 to be at 2.0 million tons, down from the 2.4 million tons of MY 2013/2014 due to the expected increase of local production. The import volume of corn in MY 2015/2016 is forecast at 1.8 million tons, a 200,000-ton decrease compared with MY 2014/2015, due to expected higher local corn production and carry-over stocks from MY 2013/2014.
Post estimates total rice production for MY 2014/2015 to reach 44.88 million tons of paddy rice, about 320,000 tons of paddy less than USDA’s official number due mainly to the adjustment of seasonal rice planted/harvested area. Vietnam’s MY 2014/2015 rice exported volume is revised to 6.7 million tons due to expected strong competition from Thailand, India, Pakistan and other new exporters such as Cambodia and Myanmar.
