Vietnam: Grain and Feed Update
Post estimates Vietnam’s wheat imported volume for MY 2016/2017 at 5.5 million tons due mainly to the competitive price of feed wheat. Corn imports are likely to remain unchanged in MY 2016/2017 but likely to decrease in MY 2017/2018 to 7.5 million tons due to the decrease of livestock and high carry over stock from MY 2016/2017. Rice production is revised at 44.75 million tons of paddy rice due to improved weather conditions and sufficient rainfall, despite loss volume in the Mekong River Delta due to excessive rain.
