Thailand’s soybean meal imports expected to rise 2%

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Thailand’s soybean meal (SBM) imports are expected to increase to 2.8 mt in MY2021/22, up 2% yoy due to growing swine and poultry production. However, SBM imports are expected to decline 5% in MY2020/21 due to increased domestic supplies. In the first half of MY2020/21, SBM imports totaled 1.2 mt, ...

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Joint-Editor, Asian Meat Magazine and Meat Insider, Bangkok, Thailand. Writes on how high inflation and raw material costs challenges in Thailand are not a deterrent for the plant-based protein market in ‘Taste, flavor and nutrition important for plant-based protein’.