Vietnam increases grain and soybean imports to strengthen feed security
Vietnam sharply increased Q1 2026 imports of corn, wheat and soybeans as feed mills boosted stockpiling amid low global prices and Middle East logistics risks. Corn imports reached 4.4 million tonnes, wheat nearly 4 million tonnes, and soybeans 1.1 million tonnes, supported by ample US and Brazilian supplies.
Feed mill producers are increasing purchases of corn, wheat, and soybeans amid favorable pricing conditions and risks to global logistics.
Vietnam significantly increased imports of corn, wheat, and soybeans in the first quarter of 2026, taking advantage of ample global supply and relatively low grain prices. The main drivers of the increase in purchases were feed mills seeking to strengthen the stability of their raw material supply.
According to the Ministry of Agriculture and Environment of Vietnam, corn imports reached 4.4 million tons, valued at $1.1 billion. Wheat shipments rose to almost 4 million tons, valued at over $1 billion. Soybean imports totaled approximately 1.1 million tons, valued at $542 million. These products are intended for both the food and feed industries.
Despite increased import volumes, average corn and wheat prices remained below last year’s levels thanks to large harvests in Brazil and the United States, which ensured ample supplies on the global market.
According to industry sources, concerns about potential disruptions in global logistics and commodity markets amid ongoing tensions in the Middle East have further driven stockpiling. As a result, companies have stepped up raw material purchases to minimize supply risks and ensure the smooth operation of feed mills.
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Source : Ukr Agro Consult
