On-the-Ground Updates

Material prices strike Vietnam’s animal feed groups

Soybean
An Phan
Published Mar 28, 2022
Supply shortages, with global uncertainties including the Russia-Ukraine clash escalating, are driving Vietnam’s animal feed production sector into bigger difficulties as a large part of raw materials are sourced from these two markets. Almost all the animal feed producers in Vietnam, including CJ Vina Agri, Cargill, and Japfa Comfeed Vietnam, have had to adjust the selling prices of feed products to offset the increasing momentum of imported materials. Statistics published by the Department of Livestock Production (LPD) showed that in the first two months of this year, imported soybean prices increased by 21% , raw corn 9%, soybean oil 22%, and fish paste 11%.

What to read next

On-the-Ground Updates
Blue Swimming Crab Supply Shortage From Bahrian & Tunisia in Southeast Asia During Apr-24
Mohammed Zafar · Apr 18, 2024
On-the-Ground Updates
Significant Drop In Adriatic Cuttlefish Prices in Italy Driven by Seasonal Opening
Giselle Landaeta · Apr 15, 2024
On-the-Ground Updates
Argentina's Red Shrimp Fishing Volumes Remained Low in W14
Gonzalo Estevez · Apr 12, 2024
On-the-Ground Updates
Egyptian Valencia Orange Demand Surged Amid Reduced Market Supply
Stelamari Ito · Apr 12, 2024
On-the-Ground Updates
Argentinian Garlic Prices Declined in Brazilian Market During W14
Stelamari Ito · Apr 12, 2024

Read more relevant content

News
Bapanas: April Rice Harvest Potential Reaches 4.9 Million Tons The production can make a significant contribution to the availability of rice. Editor: Ahmad Fikri Noor
Republika · Apr 19, 2024
News
Government Raises Reference Price for Sugar, to IDR 17,500 per Kilogram The relaxation of HAP for sugar is due to the increase in sugar prices from the producer level. Rep: Fauziah Mursid/ Ed: Ahmad Fikri Noor
Republika · Apr 19, 2024
News
The Iran-Israel Conflict Threatens National Food Security Food security is related to the availability of domestic fertilizer. Rep: Muhammad Nursyamsi/ Ed: Ahmad Fikri Noor
Republika · Apr 19, 2024
News
Conflict Escalation in the Middle East Will Impact Food Commodities The imported food commodities most potentially affected are wheat and soybeans. Rep: Fauziah Mursid/ Ed: Lida Puspaningtyas
Republika · Apr 19, 2024
News
Malaysia expands MD2 pineapple planting in Sabah
Guojiguoshu · Apr 18, 2024
News
Neijiang City, Sichuan Province in China makes every effort to prevent and control major animal diseases in the spring of 2024
China Farming · Apr 18, 2024
News
[Press Release] The first batch of New Zealand Aifei™ apples in 2024 arrived in China, and the New Zealand Minister of Trade and Agriculture came to support
Guojiguoshu · Apr 18, 2024
News
Korea Egg Industry Association… “The damage caused by selling eggs below cost falls on the distributors.”
Aflnews · Apr 18, 2024
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.