Vietnam: Grain and Feed Update
Link to report:
Post revised estimates for marketing year 2019/2020 (MY19/20) paddy production down to 7,480 thousand hectares (THA) and 43.50 million metric tons (MMT) due to a reduction in cultivated area. Post maintains its estimate for exports at 6.7MMT on rising global stockpiling demand due to COVID19. For MY20/21, Post also forecasts production at 43.50MMT, slightly down from the USDA official number, but forecasts exports at 6.5MMT.
