Vietnam: Oilseeds and Products Annual

  |   Attaché Report (GAIN)   |   VM2022-0019

As Vietnam looks to rebound from the COVID-19 pandemic through economic recovery packages and loosening of restrictions, total animal feed demand is forecast to increase to meet animal production demands. Soybean meal consumption is forecast to increase due to projected higher total demand feed in both MY2021/22 and MY2022/23. Soybean imports are forecast to increase, driven by both demand for crush and food consumption.

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