Burma: Burma - Impact of COVID-19 on the Livestock Industry

Burma's livestock sector, which has been experiencing strong growth, is expected to slow due to travel restrictions, decreasing demand, and low prices during the COVID-19 pandemic. Farmers are facing economic losses and reduction of labor, and 93 percent report an ability to continue their businesses in two years if they do not get financial support from the government. Accordingly, demand for U.S. soybean meal and dried distiller grains are expected to decrease.

Burma: Burma - Impact of COVID-19 on the Livestock Industry