Vietnam: Grain and Feed Annual
In calendar year (CY) 2019, Post reduced estimates for feed demand to 26.8 million metric tons (MMT) and forecasts stagnant feed demand in CY2020 due to the impacts of African swine fever (ASF). Post revised estimates for wheat demand to 3.6MMT, higher than the USDA official number, in marketing year 2019/2020 (MY19/20), and forecasts demand at 3.8MMT in MY20/21, on slight increases for both milling and feed wheat (mainly for aquaculture feed). Post revised estimates for corn demand to 14.0MMT in MY19/20, lower than the USDA official number, on ASF and forecasts demand at 14.3MMT in MY20/21. Post revised estimates for paddy production to 43.8MMT in MY19/20 (27.4MMT milled equivalent), lower than the USDA official number, and forecasts production at 44.0MMT in MY20/21 (27.5MMT milled equivalent).