Vietnam increases corn use in feed amid falling prices

Vietnam’s feed industry is increasing its use of corn thanks to lower raw material prices, which is improving production profitability. According to USDA FAS, the forecast for corn consumption in the MY 2025/26 has been raised to 16.05 million tons, while the estimate for MY 2024/25 remains at 15.8 million tons, including 14.3 million tons for feed. Rising production costs in pig and poultry production are forcing feed mills to increasingly use more affordable ingredients, such as corn and DDGS. To meet demand, corn imports remain high—12.5 million tons in ...