Import values of animal feed fell to US$359 million in January and February, 17.5 percent lower than the same time in 2011. Imports from India dropped 18.2 percent.

Foreign-invested feed companies continue to meet most of the domestic demand, such as Thailand's CP Group and U.S.-based Cargill, according to the Ministry of Industry and Trade. The ministry is urging greater domestic investment in the feed industry and suggesting the development of a long-term strategy to promote domestic investment in the industry, particularly in the production of raw materials such as corn and soybeans.