Feed wheat is becoming scarce, meat consumption is outracing crop yields and soy crushing capacity cannot keep up. Few countries have seen their feed demand growing faster than Vietnam, where it increased at a greater than 10% pace for most of the previous decade. 2012 was no exception: 15.5 million tonnes of commercial feed was produced, of which livestock feed was 12.7 million tonnes and aqua feed 2.8 million tonnes.
Fuel prices, labour laws and bad weather made this one of the worst years in memory for transporting Brazil's export crops to market. But there are also serious long-term problems. Brazil has long been known for being long on agricultural potential but pitifully short on infrastructure and logistics. Inadequate roads, kilometers long traffic jams of trucks carrying corn or soy to port have long been a way of life.
