Vietnam imported USD 3 billion worth of inputs for animal feed in 2013. The Ministry of Agriculture and Rural Development said this was a 22.3% increase compared to the previous year. “Vietnam doesn’t produce enough raw material and we depend heavily on imports,” Nguyen Xuan Duong, head of Animal Husbandry Department told Asian Agribiz.
Corn imports stood at 2.26 million tonnes, or USD 690 million, increasing nearly 40% in volume and 39% in value year-on-year. Soybean imports reached 1.39 million tonnes, or USD, 834 million, rising 7.5% in volume and 7.2% in value.
The Ministry of Agriculture and Rural Development has said Vietnam will in 2014, use 130,000 hectares of rice land to grow corn and cassava for animal feed production. The corn production area will increase to 1.23 million hectares, increasing 73,000 hectares compared to 2013. Vietnam will also use high-yield seeds in order to produce 5.7 million tonnes of corn this year. Cassavas production will target 10 million tonnes with 550,000 hectares.
Tuesday December 3, 2013/ Monday January 6, 2014/ Asian Agribuisiness.