1、 THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.GOVERNMENT POLICY Required Report:Required-Public Distribution Date:April 15,2025 Report Number:VM2025-0015 Report Name:Grain and Feed Annual Country:Vietnam Post:Ho Chi

2、Minh City Report Category:Grain and Feed Prepared By:Loc Nguyen Approved By:Andrew Anderson-sprecher Report Highlights:Vietnams livestock and aquaculture sectors expanded in Calendar Year(CY)2024 on steady economic growth and lower feed prices.Feed importers have increased purchases and diversified

3、suppliers.This trend is expected to continue in CY2025.Rice exports reached record levels in 2024,but exports are forecast to decline in the coming year due to increased competition.Executive Summary The livestock and aquaculture sectors experienced strong growth in CY2024,leading to higher demand f

4、or animal and aquaculture feed.Lower feed ingredient prices have encouraged increased imports.Feed demand is estimated at 27.5 million metric tons(MMT)in CY2024 and forecast to rise to 28.5 MMT in CY2025 and 29.3 MMT in CY2026.Marketing year(MY)2024/25 corn production is estimated at 4.2 MMT from 83

5、0,000 hectares(HA).MY2024/25 corn consumption is estimated at 15.7 MMT,including 14.2 MMT in feed and residual.Higher demand pushed up corn imports to an estimated 12 MMT.Corn production is forecast to drop slightly in MY2025/2026 to 4 MMT on lower area and imports are forecast to decline slightly t

6、o 11.8 MMT as demand cools.MY2024/25 wheat consumption is estimated at 5.1 MMT on continued growth in food demand.Wheat consumption is forecast to expand in MY2025/26 to 5.25 MMT due to continued demand growth.Estimated MY2024/25 wheat imports are raised to 5.45 MMT based on higher imports in the fi