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Thai soybean consumption expected to rebound in MY 2013/14, MY 2014/15
date:Apr 08, 2014
Soybean consumption is expected to rebound in MY 2013/14 and MY 2014/15 in line with rising demand for soybean meal. The increase is being driven by Thailands growing livestock sector, especially in broiler, poultry layers, and hog operations.

Demand from the aquaculture sector, primarily shrimp, is also increasing. Soybean imports are expected to grow in MY2013/14 and MY2014/15, accordingly. Local crushers normally import US soybeans only when South American supplies are short or North America

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