April 14, 20214 yr Photo: Adobe stock By Holly Demaree-Saddler BANGKOK, THAILAND — Thailand’s economy is rebounding from COVID-19 and is seeing a spike in feed demand and a need for soybean imports, according to a Global Agricultural Information Network (GAIN) report from the US Department of Agriculture (USDA). The country’s soybean imports in the 2021-22 marketing year are expected to jump 5% to 4.1 million tonnes compared to the previous marketing year based on increased demand from the food and feed industries. Soybean meal imports are also on the rise in the 2021-22 marketing year to 2.8 million tonnes, a 2% increase compared to a 5% reduction in the 2020-21 marketing year. An increase in poultry and swine production is expected to feed the escalating soybean meal import demand. Full story: https://www.world-grain.com/articles/15142-thailands-soybean-imports-jump -- © Copyright World Grain 2021-04-15 - Whatever you're going through, the Samaritans are here for you - Follow Thaivisa on LINE for breaking COVID-19 updates
April 14, 20214 yr 10 minutes ago, webfact said: BANGKOK, THAILAND — Thailand’s economy is rebounding from COVID-19 Based on -6% GDP last year, and probable contraction in the first quarter GDP this year, I find that sentence highly improbable.
April 15, 20214 yr Thailand’s soybean imports jump It's a long time since I've seen "jumping beans"! They used to be all the rage when I was a child ????
April 15, 20214 yr Just now, RichardColeman said: Based on -6% GDP last year, and probable contraction in the first quarter GDP this year, I find that sentence highly improbable. Indeed, when all is darkness and gloom, there are always those who will mistake any glimmer of light for a false dawn. In this case it was probably only a flashlight.
April 15, 20214 yr Ah, soybean imports... such a key indicator for a rebounding economy. Perhaps some of the editors at World Grain should consider joining TAT. They'd be perfect for the job.
April 15, 20214 yr Lots missing from this picture. 1) From where are the soybeans imported. 2) Vast difference between feed soybeans & food soybeans. 3) GMO soybeans profiting Bayer-Monsanto (with kickback locally)?
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