Thai Feed Mills Eye $2.8 Billion of US Crops Amid Tariff Risks
- Industry group in talks with government about Trump policies
- Corn, soybean meal from US could narrow Thai trade surplus
A corn harvest in Crawfordsville, Arkansas, US.
Photographer: Brad Vest/BloombergThis article is for subscribers only.
Thailand’s feed industry is pitching to buy about $2.8 billion worth of agricultural commodities annually from the US instead of other suppliers, as the Southeast Asian nation seeks to narrow its $35 billion trade surplus and head off possible tariffs on its own exports.
The Thai Feed Mill Association is in talks with the government to ease some rules to make US feedstuffs like soybean meal and corn more competitive to ship in, Pornsil Patchrintanakul, president of the organization, told Bloomberg News in an interview.