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Thailand’s wheat imports revised up

Thailand’s wheat imports revised up

BANGKOK: Thailand’s wheat imports have been revised up to around 3.8 mmt in marketing year 2016/17, according to USDA GAIN report. Part of this upward revision is due to shrimp feed manufacturers who have used imported feed wheat in their feed rations following the Ministry of Commerce’s June 2017 decision to allowed 110,000 metric tonnes of feed wheat to be exempted from the domestic corn purchase requirements for shrimp feed manufacturers.

However, total feed wheat imports in marketing year 2016/17 are expected to decline to approximately 2.5 million metric tonnes, down 27% from marketing year 2015/16 due to the government’s import restrictions on feed wheat.