Burma's Demand for US Soybeans Expected to Decrease
Burma's demand for U.S. soybean meal and dried distiller is expected to drop as the country’s livestock sector struggles to operate during the COVID-19 pandemic, according to a U.S. Department of Agriculture Foreign Agricultural Service report released May 13. Farmers are seeing losses due to travel restrictions and decreasing demand, which has led to an oversupply of soybean meal, the USDA said. Soybean meal is the “top” U.S. agricultural export to Burma, the report said.