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reportVietnamNov 13, 2026

USDA raises Vietnam wheat import forecast as feed millers switch from corn to cheaper wheat

The USDA's Ho Chi Minh City post raised its 2026/27 wheat import forecast for Vietnam to 6.3 million tonnes. Feed millers are favouring cheaper wheat over corn, which is being diverted to ethanol.

WHY IT MATTERS

Higher Vietnamese wheat imports add demand for wheat in feed rations while corn supply tightens for ethanol, supporting wheat and weighing relatively on corn for feed buyers.

AFFECTSWheat (SRW)▲Corn▲

SOURCE
efeedlink.comeFeedLink NewsdeskNov 13, 2026

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After 772 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.2% over 20.

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Mar 10, 2021Wheat inches lower, subdued USDA forecast caps losses - Markets - Business Recorder-0.4%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.