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    Home > Food News > Food Articles > Thailand's Ministry of Commerce intends to allow zero-tariff import of 380,000 tons of corn feed in response to rising feed raw material prices

    Thailand's Ministry of Commerce intends to allow zero-tariff import of 380,000 tons of corn feed in response to rising feed raw material prices

    • Last Update: 2022-05-11
    • Source: Internet
    • Author: User
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    According to a report from Bangkok Business Daily on April 11, the Ministry of Commerce of Thailand recently convened representatives of various agricultural-related associations to discuss measures to solve the rising price of feed raw materials .
    The meeting unanimously agreed to allow the import of 380,000 tons of corn feed under the WTO framework with zero tariffs during the four-month period from April to July this year .
    According to the usual consumption, the average annual consumption of corn feed is 7.
    95 million tons, and the average monthly consumption is 670,000 tons.
    Therefore, it is necessary to increase imports to alleviate the output gap .
    It is reported that Minister of Commerce Zhu Lin will submit the proposal to the cabinet for deliberation after the Songkran Festival .




    According to a report from Bangkok Business Daily on April 11, the Ministry of Commerce of Thailand recently convened representatives of various agricultural-related associations to discuss measures to solve the rising price of feed raw materials .
    The meeting unanimously agreed to allow the import of 380,000 tons of corn feed under the WTO framework with zero tariffs during the four-month period from April to July this year .
    According to the usual consumption, the average annual consumption of corn feed is 7.
    95 million tons, and the average monthly consumption is 670,000 tons.
    Therefore, it is necessary to increase imports to alleviate the output gap .
    It is reported that Minister of Commerce Zhu Lin will submit the proposal to the cabinet for deliberation after the Songkran Festival .




    Feed price imported corn
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