Feed prices forecast not to rise sharply despite re-population demand

According to the Ministry of Agriculture and Rural Development, despite the complicated fluctuations in the world market, the domestic raw material market is not volatile. However, in Chuong My, Hanoi recently, the market for animal feed materials including rice bran and cornmeal tended to increase in the context of rising rice prices as well as the need to re-pig herds in many places. increase. Specifically, prices of rice bran and cornstarch increased by 100-3,000 VND / kg. The Ministry of Agriculture and Rural Development stated that although the impact of COVID-19 epidemic was complicated, the price of many raw materials in the world dropped sharply, but due to the large domestic re-raising demand, the market of feed ingredients. The forecast is not expected to fluctuate significantly in the near term. According to the Center of Informatics and Statistics, estimated import value of animal feed and raw materials in April reached 205 million USD, bringing the total value of ...