Global trading platform Tridge
Services
Resources
Company
Maximize your business opportunity with our Intelligence & Data Solution. Get started now.

News & Insights

Local News

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

Updated Aug 4, 2022
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 Ministry of Agriculture and Rural Development and functional agencies to study and build the raw material area for animal feed to take the initiative. "We must pay attention to this in order to have an autonomous livestock industry, converting some inefficient arable land to growing crops for feed ingredients," the Deputy Minister of Agriculture and Rural Development affirmed. Deputy Minister Phung Duc Tien affirmed that recently, the Ministry has directed De Heus Group to coordinate with the Department of Crop Production and Department of ...
Source
Everything you love about a trade show, made 24/7
Sponsored by
image
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.