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    Home > Food News > Food Articles > Vietnam's animal feed raw material imports exceed US$9 billion

    Vietnam's animal feed raw material imports exceed US$9 billion

    • Last Update: 2022-04-18
    • Source: Internet
    • Author: User
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    (NDO) In 2021, Vietnam will import nearly 22.
    3 million tons of animal feed raw materials , with an import value of US$9.
    07 billion .
    This is what the Animal Husbandry Department of Vietnam's Ministry of Agriculture and Rural Development said at a meeting held a few days ago .
     
    According to the statistics of the Bureau of Animal Husbandry, the most imported raw materials are corn (over 9.
    6 million tons); dry oil (over 5.
    6 million tons)
    .
    Due to the impact of the new crown pneumonia epidemic, especially the recent Russian-Ukrainian conflict, the prices of many raw materials have increased
    .
    Prices for many feed ingredients have skyrocketed today compared to March 2021
    .
    Specifically, the price of corn kernels was VND 10,200/kg (up 29.
    3%); soybean meal was VND 16,500/kg (up 33.
    4%); corn residue was VND 10,300/kg (up 23.
    1%); wheat was VND 9,850/kg (up 33.
    1%) 49.
    5%)
    .
    The Animal Husbandry Bureau predicts that due to the conflict between Russia and Ukraine, the price of feed raw materials will continue to increase and will remain until the end of this year
    .
     
      Song Chunzheng, deputy director of the Animal Husbandry Bureau, said that for the pig industry, feed prices account for 65-70% of production costs
    .
    The 20-40% rise in world raw material prices will have a bad impact on animal husbandry
    .

     
      Currently, Vietnam can only produce 35% of feed, and the remaining 65% is imported
    .
    (Finish)
    animal feed import livestock
     
      According to the statistics of the Bureau of Animal Husbandry, the most imported raw materials are corn (over 9.
    6 million tons); dry oil (over 5.
    6 million tons)
    .
    Due to the impact of the new crown pneumonia epidemic, especially the recent Russian-Ukrainian conflict, the prices of many raw materials have increased
    .
    Prices for many feed ingredients have skyrocketed today compared to March 2021
    .
    Specifically, the price of corn kernels was VND 10,200/kg (up 29.
    3%); soybean meal was VND 16,500/kg (up 33.
    4%); corn residue was VND 10,300/kg (up 23.
    1%); wheat was VND 9,850/kg (up 33.
    1%) 49.
    5%)
    .
    The Animal Husbandry Bureau predicts that due to the conflict between Russia and Ukraine, the price of feed raw materials will continue to increase and will remain until the end of this year
    .
     
      Song Chunzheng, deputy director of the Animal Husbandry Bureau, said that for the pig industry, feed prices account for 65-70% of production costs
    .
    The 20-40% rise in world raw material prices will have a bad impact on animal husbandry
    .

     
      Currently, Vietnam can only produce 35% of feed, and the remaining 65% is imported
    .
    (Finish)
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