# Vietnam's feed millers switch to alternative ingredients – Asian Agribiz

> Vietnamese feed millers are substituting rice bran, tapioca and fishmeal for corn and soybean meal because those prices have risen. Olmix experts advise a gradual, step-by-step reformulation with technical guidance for staff and farmers.

- Date: 2021-05-26 · published 2021-05-26T12:00:00.000Z
- Category: market · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/47150-vietnam-s-feed-millers-switch-to-alternative-ingredients-asian-agribiz
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Higher corn and soymeal prices are pushing Vietnamese feed demand toward local substitutes, which may modestly reduce import demand for corn and soymeal while supporting fishmeal and rice bran.

## Read by commodity

- SBM: bearish ▼
- CORN: bearish ▼
- FISHMEAL: bullish ▲

## Sources

- asian-agribiz.com: https://www.asian-agribiz.com/2021/05/27/vietnams-feed-millers-switch-to-alternative-ingredients/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.