-According to the July 26 Global Agricultural Information Network report from the U.S. Department of Agriculture, Feed consumption in Vietnam increases as a result of growth in the pork and agriculture industries.
– The report shows that animal feed demand is forecast to jump from 23.8 million tonnes in 2017-18 to 24.1 million tonnes in 2018-19.
– DDGS consumption is projected to make a boom regarding feed ingredients from an estimated 689,000 tonnes in 2017-18 to 1 million tonnes in 2018-19.
– The U.S. remains the major supplier of DDGS to the Vietnam market.
-Corn demand is forecast to rise from 8.7 million tonnes in 2017-18 to 10.2 million tonnes the following year.