Font Size

Profile

Menu Style

Cpanel

China's pork crisis is coming to an end

The price of pork, a staple of the Chinese diet, is tumbling.

According to data released by China's National Bureau of Statistics (NBS) today, prices fell by a further 3.4% in June, leaving the decline on a year earlier at 16.7%.

They’re "crackling" under the pressure, you might say.

The NBS said that plentiful supply contributed to the decline reported in June. Wei Li, China economist at the Commonwealth Bank, also noted that weak demand was a contributing factor.

Outside of shifts in the equilibrium price due to supply and demand factors, the scale of the annual drop largely reflects that prices were sky high this time last year due to dwindling supply, something that saw Chinese authorities take the unprecedented step  of releasing emergency supplies to limit further price rises at the time.

More broadly, the plunge in pork prices over the past year has also corresponded with a noticeable decline in consumer price inflation over the same period.

The CBA’s Li says this is not usual given moves in Chinese food prices have been influential on inflationary pressures there in recent years.

"On a weighted basis, 62% of fluctuations in China’s overall CPI inflation over the past five years was caused by changes in food prices," he says.

Despite the steep fall in pork prices, that was partially offset by higher costs for vegetables and fresh fruit over the same period, seeing the annual decline in food prices slow to 1.2% in June from 1.6% in May.

Source: Business Insider. Date: 2017-07-14


China's CITIC Agri Fund buys Dow corn seed assets for $1.1 billion

A Chinese fund part-owned by congolomerate CITIC Ltd has paid $1.1 billion for some of Dow Chemical Co's corn seed business in Brazil, in a further sign of China's fast-expanding role in the global seed sector. 

The deal includes seed processing plants and seed research centers, a copy of Dow AgroSciences' Brazilian corn germplasm bank, the Morgan seed brand and a license for the use of the Dow Sementes brand for a certain period of time, Dow said on Tuesday. 

The assets, which generated revenue of about $287 million in 2016, are being sold by Dow to meet conditions set by U.S. antitrust regulators for its $130 billion merger with DuPont. 

The deal will boost China's share of the global seed business, which is being remade by a series of huge mergers. 

These include the $43 billion takeover of Swiss firm Syngenta by state-owned Chemchina in China's largest foreign takeover. 

Chemchina said recently it is looking to snap up seed assets that rival Bayer must sell to gain regulatory approval for its takeover of Monsanto. 

CITIC Agri Fund was founded in 2016 by CITIC Agriculture, a division of state-backed CITIC Ltd, along with Chinese seed firm Yuan Longping High-Tech Co Ltd and two other listed agricultural companies, according to CITIC Ltd's 2016 annual report. 

CITIC Ltd, China's largest conglomerate with interests in financial services to real estate and heavy industry, could not immediately be reached for comment. 

The company made its first foray into the seed business in 2014, buying a majority stake in Yuan Longping High-Tech, one of China's leading breeders of hybrid rice. 

Yuan Longping High-Tech said that year that it wanted to become one of the world's top five seed companies. 

Dow and DuPont announced the all-stock merger in December 2015. 

The two companies won U.S. antitrust approval last month to merge on condition that they sell certain crop protection products and other assets. The European Union also cleared their merger in March. 

Dow reaffirmed that the merger deal was expected to close next month, with the intended spin-offs to occur within 18 months of closing. 

The companies have said that they would split into three separate companies specializing in material sciences, specialty products, and seeds and agrochemicals upon completion of the merger.

Source: Reuters. Date 2017-07-13


Permanent Representative of China to UN Agencies for Food and Agriculture attends 40th Session of FAO Conference

 A Chinese delegation headed by H.E. Niu Dun, Ambassador and Permanent Representative of the People’s Republic of China to the UN Agencies for Food and Agriculture, attended the 40th Session of the UN Food and Agriculture Organization (FAO) Conference in Rome on 3-8 July 2017. 

With the theme of Climate Change, Agriculture and Food Security, the 40th Session covered important topics on global food and agriculture governance. Over 1100 delegates from 180 plus countries attended the Session. 

In his speech at the Session, Mr. Niu Dun stated that China always attaches great importance to addressing climate change in agriculture, commits itself to a joint endeavor with the international community in the implementation of the Paris Agreement to further agricultural development, rural prosperity and farmer’s well-being. He stressed that China highly values international agricultural cooperation and dedicates to promoting global food security through South-South and Triangular Cooperation. He called on all parties to firm up resolve on the fight against poverty and hunger, build new types of partnership, and shape inclusive and sustainable agricultural growth against mounting global challenges including climate change. 

The 40th Session reviewed and endorsed the FAO Programme of Work and Budget 2018-19 and the Proposed Scale of Contributions. China's share is expected to increase significantly, making China the 3rd largest contributor. 

China was successfully re-elected as an FAO Council member at the 40th Session of the Conference and elected as a member of the Finance Committee at the subsequent 157th Session of the Council. 

A side event of China-FAO South-South Cooperation: Promoting Inclusive and Sustainable Development was held on 6 July. The event highlighted China's contribution to SSC and is attended by Mr. Niu Dun, FAO Director-General and ministerial-level officials and ambassadors from nearly 30 countries.

Source: MOA China. Date: 2017-07-13


Permanent Representative of China to UN Agencies for Food and Agriculture attends 40th Session of FAO Conference (2)

 A Chinese delegation headed by H.E. Niu Dun, Ambassador and Permanent Representative of the People’s Republic of China to the UN Agencies for Food and Agriculture, attended the 40th Session of the UN Food and Agriculture Organization (FAO) Conference in Rome on 3-8 July 2017. 

With the theme of Climate Change, Agriculture and Food Security, the 40th Session covered important topics on global food and agriculture governance. Over 1100 delegates from 180 plus countries attended the Session. 

In his speech at the Session, Mr. Niu Dun stated that China always attaches great importance to addressing climate change in agriculture, commits itself to a joint endeavor with the international community in the implementation of the Paris Agreement to further agricultural development, rural prosperity and farmer’s well-being. He stressed that China highly values international agricultural cooperation and dedicates to promoting global food security through South-South and Triangular Cooperation. He called on all parties to firm up resolve on the fight against poverty and hunger, build new types of partnership, and shape inclusive and sustainable agricultural growth against mounting global challenges including climate change. 

The 40th Session reviewed and endorsed the FAO Programme of Work and Budget 2018-19 and the Proposed Scale of Contributions. China's share is expected to increase significantly, making China the 3rd largest contributor. 

China was successfully re-elected as an FAO Council member at the 40th Session of the Conference and elected as a member of the Finance Committee at the subsequent 157th Session of the Council. 

A side event of China-FAO South-South Cooperation: Promoting Inclusive and Sustainable Development was held on 6 July. The event highlighted China's contribution to SSC and is attended by Mr. Niu Dun, FAO Director-General and ministerial-level officials and ambassadors from nearly 30 countries.

Source: MOA China. Date: 2017-07-13


More cases of H7N9 reported in Beijing

Twenty-seven cases of human H7N9 have been reported to authorities in Beijing so far this year, the Beijing Center for Disease Prevention and Control said on Tuesday. 

Of the 13 cases contracted in the city of Beijing itself, six people have died, six were cured and one is undergoing medical treatment, Pang Xinghuo, deputy director of the center, said at a news conference. 

Most of the other cases were contracted in areas neighboring Beijing. Of those, 11 were cured and three are undergoing treatment, he said. 

The center said no apparent mutation has been detected in the virus and no human-to-human transmission of the disease has been reported in Beijing, so the public need not panic. 

"The number of H7N9 cases in China is higher than usual, and Beijing is no exception," Pang said. "The people were infected through poultry, but there have been no concentrated outbreaks in Beijing." 

China saw its biggest H7N9 outbreak over the past winter since the virus was first reported in China in 2013. A total of 352 human cases of H7N9 were reported in the first two months of this year, with 140 deaths, according to the National Health and Family Planning Commission. By comparison, 57 cases were reported in the first two months of 2016, the commission said. 

Twelve H7N9 cases were reported between June 2 and 8 in nine provincial regions in China, and the number of new cases remained low for three consecutive weeks, the commission said last month. There is no evidence that the virus is becoming more infectious to humans, it said. 

The Ministry of Agriculture announced in June that South China's Guangdong province and the Guangxi Zhuang autonomous region - two major centers for the poultry trade in China - had been chosen as pilot regions where all chickens, ducks and geese will receive vaccines against the H7N9 virus. Veterinary authorities of the two regions may start administering vaccinations in July, monitor the side effects and report the findings to the ministry, it said. 

The Beijing Center for Disease Prevention and Control said residents should continue to take precautionary measures to prevent infection, such as avoiding contact with live poultry and cooking eggs and meat thoroughly, even though the disease is less likely to show up in summer.

Source: China Daily. Date: 2017-07-13


Asia's future farms

Food shortages are a distant memory for many people in Asia. But as the region struggles to feed and nourish a booming population, they could become a painful fact of life again. 

Asia is already the world’s largest food market, and by 2050 its population is expected to grow to five billion – an increase of 900 million people. Owing to its expanding middle class, the region will likely account for half of the global increase in annual beef and poultry consumption and over three quarters of the rise in fish consumption between now and 2030. And by then, more than 60% of total cereal demand in the developing world will come from South and East Asia. To keep up with this growing demand, food production will have to increase by 60-70% compared to a decade ago. 

Ideally, Asia’s farms could simply expand their production. But they are woefully ill-equipped to do so. To produce a sufficient amount of food, Asia’s farms will need to undergo a twenty-first-century transformation. 

Helping Asia’s farmers cope with climate change should be a central part of this effort. Although a warming planet could boost agricultural output in a few areas, it will severely limit production, and possibly trigger prolonged food crises, throughout the rest of the region. As water becomes increasingly scarce in traditionally fertile zones such as the Indo-Gangetic Plain, rising seas will ruin vast swathes of farmland. If sea levels were to rise by one meter, the resulting saltwater intrusion would threaten 70% of Vietnam’s coastal farmlands. And as waters warm and tidal flows change, yields from the Mekong Delta’s vast fishing grounds could plummet. 

According to Asian Development Bank research, by 2050, irrigated rice and wheat yields could fall by as much as 20% and 44%, respectively. This would drive up the price for cereals, soybeans, and wheat by 70%, causing the number of malnourished children in the region to rise by 11 million. 

But this doesn’t have to be Asia’s future, if its farmers can adapt. Most farmers today oversee family-run subsistence plots, and lack the money and know-how to improve productivity and crop quality. In Myanmar, for example, only 16% of farm households even use tillers or tractors to prepare the land for planting. 

Moreover, environmental degradation has left huge swaths of land barren. According to the United Nations Convention to Combat Desertification, various forms of desertification affect nearly 40% of Asia's total land area. While governments cannot create new arable land, they can – and must – pursue policies to support, consolidate, and intensify farming operations on the land that is still available. 

For starters, the region’s governments can promote farm cooperatives. Not to be confused with old-style collectivized farming, today’s cooperatives are thoroughly commercial, prioritizing efficiency and profits. They comprise agricultural enterprises as well as farmers, all of whom pool their resources to create economies of scale, reduce costs, and lift incomes. When bought in bulk by a cooperative, inputs such as fertilizer and equipment are less expensive, as is the harvesting process. By coming together to coordinate planting, cooperatives in India and Nepal have made it possible for every member’s crops to be sown and harvested together by a machine, rather than individually by hand. 

Cooperatives can also add value after the harvest, by streamlining crop cleaning, grading, packaging, storage, and transportation. This increases the supply of food and boosts farmers’ incomes, especially in places such as Bangladesh, where more than one-third of perishables spoil before ever reaching the consumer. 

China is already modernizing farms through cooperatives, and by using digital e-commerce platforms to tap into high-value markets. In Vietnam, a cooperative program has improved the quality of produce for urban consumers, and boosted tea, fruit, and vegetable revenues by nearly one third. 

Although cooperatives are gradually catching on in Asia, they will need more support. Most of the region’s cooperatives are fragile, informal arrangements. But with the right legal framework in place, they could become far more efficient and durable. 

China’s 2007 Farmers’ Cooperative Law serves as a good model. By offering incentives such as value-added-tax exemptions, the law has encouraged cooperatives and other agricultural organizations to collaborate and create economies of scale. Within three years of the law’s enactment, the number of cooperatives in China had increased ninefold, to nearly 400,000. 

Cooperatives also help farmers manage the effects of climate change, by creating networks through which members can share knowledge about tricky adaptive strategies like switching from crops to fish or shrimp in saline-affected areas. And with the extra income that cooperatives provide, farmers can buy greenhouses to prolong their production season, and shield against erratic weather. Cooperatives also allow farmers to benefit from previously unavailable techniques such as fertigation – using irrigation to deliver liquid fertilizers. 

Finally, cooperatives make climate-smart technologies more affordable. With new digital technologies, farmers can better manage their land, water, and energy use, and prepare for bad weather. For example, the Philippines has experimented with apps that give farmers news about plant and animal diseases, the best places to buy and sell farm supplies, and upcoming weather events. 

By using less labor, and more capital and technology, Asia’s future farms can grow enough food to feed everyone in the region. Cooperatives are one way to make this vision a reality. Only then will food shortages truly be a thing of the past.

Source: Euronews. Date: 2017-07-12


WA to quench Vietnam’s growing taste for beer

Executives from the CBH Group and Interflour jointly celebrated the opening of the Intermalt grain processing centre with representatives of the Vietnamese government. 

Intermalt is located in Cai Mep, Vietnam, and will be the largest malting plant in South East Asia. It will have the capacity to produce 110,000 tonnes of malt a year and will service major brewers in the region including Heineken Vietnam.

CBH Chairman Wally Newman said through its 50 per cent shareholding of Interflour the cooperative’s involvement in downstream grain processing in Vietnam has diversified the farmer owned business’ income stream and resulted in increased market opportunities for Australian grain.

“CBH’s investment in Interflour 12 years ago was ground breaking and the opening of the Intermalt facility marks a new phase of growth for the business as it moves into barley processing and expands across South East Asia,” Mr Newman said.

“It will be a new chapter for Western Australian barley growers who now have direct access to Vietnam’s burgeoning beer market,” he said.

Mr Newman said over the past harvest growers delivered 1.5 million tonnes of malt barley into the CBH silos and the facility provides a new market for growers.

As part of the final commissioning phase, Intermalt has already purchased 42,000 tonnes of malt barley, with 32,000 tonnes coming from the Kwinana and Albany port zones of the Western Australian grain belt. 

“Not only is the Intermalt infrastructure impressive, but so too is the growth and opportunity it affords our growers, our businesses and the Asia Pacific region as a whole,” Mr Newman said.

“Our current and future growers can look forward to benefiting from Interflour’s expansion and this new venture generating value that we can then return to them a number of ways including through our investment rebate,” he said.

Heineken Vietnam corporate affairs director Matt Wilson said Heineken Vietnam always seeks to use local suppliers where possible in order to drive jobs and wealth in Vietnam.

“Our preference for local sourcing has seen us contribute around 0.75% of Vietnam’s total GDP and support nearly 200,000 jobs in Vietnam,” Mr Wilson said.

“Because of this, we are very happy to see Intermalt entering the local market with the potential to supply us with locally produced malt in the future and increase our contribution to the Vietnamese economy,” he said.

CBH Chairman Wally Newman and Chief executive officer Andy Crane attended the ceremony together with directors and senior leaders including Interflour Group Managing Director and Chief Executive Officer Greg Harvey, Intermalt General Manager James Kirton and representatives from the Vietnamese government.

Source: Farmingahead. Date: 2017-07-12


How China plans to boost actualisation of ERGP

With agriculture being a major component of Nigeria’s recently launched economic plan called Nigeria Economic Recovery and Growth Plan (ERGP), the Chinese government’s initiative called the China-Nigeria Agricultural Modernization Cooperation Forum may prove pivotal to the success of the ERGP.

China boasts of being able to feed about 20 per cent of the world’s population with only around 9 per cent of the world’s arable land.

Speaking at the onset of the initiative held in Abuja, Dr Zhou Pingjian, Ambassador of China to Nigeria, stated that “Nigeria is the most populous country and largest economy in Africa. Agriculture accounts for 23 percent of its GDP and employs 38 per cent of its working population. No wonder agriculture and food security has been listed as one of the five key execution priorities of ERGP.”

He explained that “according to ERGP, agriculture will continue to be a stable driver of Nigeria’s GDP growth, with an average growth rate of 6.9 per cent over the plan period. By 2020, Nigeria is projected to become a net exporter of key agricultural products, such as rice, cashew nuts, groundnuts, cassava and vegetable oil.

“We are convinced that Nigeria will achieve self-sufficiency in tomato paste, rice, wheat and other farm produce through its own hard work. As a strategic partner of Nigeria, China stands ready to share its experience in agricultural development with Nigeria and provide financial and technical support to assist Nigeria achieve agricultural transformation and food security.

“We are willing to work with Nigeria side to provide more effective platform to mobilize more Chinese investment in Nigeria’s Green Alternative.”

The forum was put together by the Nigerian Investment Promotion Commission (NIPC), China Chamber of Commerce in Nigeria and a Chinese firm, Green Agriculture West Africa Limited (GAWAL).

Source: Nigerian Tribune. Date: 2017-07-11


Belarus gets access for meat exports to China: Belarusian official

Belarus has got the right to supply beef and poultry to China, Belarusian Agriculture and Food Deputy Minister Alexander Subbotin said on Monday.

Subbotin made the remarks to the press prior to the negotiations between Belarusian Agriculture and Food Minister Leonid Zayats and Director of China's General Administration of Quality Supervision, Inspection and Quarantine Zhi Shuping.

"Today 21 Belarusian beef manufacturers and 5 poultry factories will be authorized to export products to China", Subbotin said, adding that 36 Belarusian enterprises had been earlier authorized to sell milk into China.

The deputy minister said that the next step in developing the cooperation with China will be the certification of Belarusian enterprises for the supply of freshwater fish.

For his part, Zhi Shuping described Belarus-China relations as a friendly strategic partnership.

"Belarus-China trade is thriving. We would like to see Belarus' safe and high-quality products on our market," he stressed.

Two protocols were signed on permission for deliveries of Belarusian frozen beef and poultry to China, as well as a memorandum of understanding on cooperation in providing safety when importing and exporting food products between China's General Administration of Quality Supervision, Inspection and Quarantine and Belarus' Agriculture and Food Ministry.

Source: Xinhua. Date: 2017-07-11


China to buy more Cambodian rubber

China is expected to purchase 300,000 tonnes of rubber from Cambodia in 2018, according to a commerce ministry statement.

Following a meeting last week between the Ministry of Commerce and Chinese and Japanese delegations, the ministry released a statement confirming that China is expected to purchase 300,000 tonnes of rubber from Cambodia in 2018.

“Recently, Shaanxi, China, has signed a memorandum of understanding with Cambodia to buy 300,000 tonnes of Cambodian rubber,” the statement said. “China is expected to begin importing it in 2018.”

Land for cultivating rubber has increased to about 437,000 hectares, 64 percent of which is controlled by rubber industry firms and the rest by family-run operations, according to the Agriculture Ministry. Cambodia exported about 50,000 tonnes of rubber in the first quarter of 2017.

The rubber price on the global market had dropped to between $1,600 and $1,700 per tonne from $2,400 in January and February.

At present, the government levies $50 in tax duty per tonne of rubber exported if the price is from $1,000 to $2,000 per tonne, and $100 of tax duty per tonne of rubber if the export price is above $2,000 per tonne. It takes zero tax if the price is below $1,000 per tonne.

Separately, Cambodia's Trade Centre in Xi’an city, Shaanxi province, is actively displaying Cambodian products to Chinese customers. The centre has packed 5,000 tonnes of rice purchased from Cambodia without tariffs into small packages for retail sale in the Free Trade Area in Shaanxi province.

Source: Khmer Times. Date: 2017-07-10


Ch? ?? c?a chúng t?i

T?i Asian Agribusiness Consulting s? m?nh c?a chúng t?i là ??y m?nh và phát tri?n kinh doanh N?ng Nghi?p ? Ch?u ?. Chúng t?i cung c?p d?ch v? v? t? v?n và nghiên c?u ??n nh?ng khách hàng mu?n m? r?ng m?ng l??i ? khu v?c Ch?u ?, t? lúc thành l?p ??n khi có v? th? trên th? tr??ng.

Xem thêm

Nh?ng s? ki?n quan tr?ng

Gi? liên l?c

Liên l?c v?i chúng t?i:
(86) 10 65919042

Email:
This email address is being protected from spambots. You need JavaScript enabled to view it.