Vietnam: Building corn cooperatives in the Central Highlands to proactively use raw materials for animal feed

Published 2022년 8월 4일

Tridge summary

Vietnam is experiencing a surge in animal feed prices, which is impacting production, due to dependence on imported feed materials and low yield of corn and soybeans. The government is studying to establish a raw material area for animal feed and has directed De Heus Group to establish cooperatives for growing cassava and maize in the Central Highlands provinces. The prices of some animal feed ingredients have increased due to the rise in world prices of raw materials, but a slight decrease is expected in the future. In July 2022, Vietnam imported 250,000 tons of soybeans and 500,000 tons of corn.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Talking about the continuous increase in the price of animal feed in recent years, affecting the production of the people, Deputy Minister Phung Duc Tien said that we cannot control the output price because the output price is due to the law. Supply and demand dominate, of course there is a guiding role of the State. However, there is also a fact that makes Vietnam dependent on imported feed materials because our corn and soybean yield is low, production costs are high, and profits are less attractive compared to other sources. other plants. "For example, our maize yield is only 4.8 tons/ha, but that of countries using transgenic sources, their yield is up to 9 tons/ha. American soybean has 132 fruits, but ours only has 132 fruits. less than 70 years, so the productivity of our livestock materials is still very low, so having to import lower prices is a requirement" - Deputy Minister Phung Duc Tien said. According to Deputy Minister Phung Duc Tien, the Government has directed the ...
Source: Danviet

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