Jump to content

Thailand’s soybean imports jump


webfact

Recommended Posts

Soy.jpg

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

 

wg.jpg

-- © Copyright World Grain 2021-04-15
 
Link to comment
Share on other sites


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.

Edited by ParkerN
Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.








  • Topics

  • Latest posts...

    1. 16

      Thailand Live Sunday 6 October 2024

    2. 0

      Flash Flooding in Tak Province: DDPM Constructing Temporary Bridge

    3. 98

      Cannabis-Intoxicated British Man Arrested for Trespassing and Overstay

    4. 8

      The Unforeseen Reach of COVID-19: How Lockdowns Impacted the Moon's Surface

    5. 16

      Thailand Live Sunday 6 October 2024

    6. 0

      Boeing Successfully Completes First Flight of Thailand’s First AH-6 Little Bird Helicopter

    7. 90

      No wonder people like to shop at Lazada.

    8. 53

      Bangkok Will Not Flood, PM Paetongtarn Shinawatra Assures

    9. 24

      Chiang Mai on High Alert as Ping River Surges Beyond 5.25 Metres

    10. 112

      Thailand's Cashless Leap: Ahead of the Asean Pack by 2028

    11. 53

      Bangkok Will Not Flood, PM Paetongtarn Shinawatra Assures

    12. 2

      British National Killed in Sattahip Motorcycle Accident

    13. 16

      Thailand Live Sunday 6 October 2024

    14. 0

      Car Showroom Owner Takes Own Life Amid Financial Struggles: Pathum Thani

×
×
  • Create New...