Update of pig market in Vietnam
Last week I visited Vietnam and discussed the current pig price with a number of farmers! It would seem that the industry has rebounded to high levels of profit!
The first three quarters of 2013 were tough for the market, high corn prices and lower pork prices. As a result a number of producers left the industry and as a result prices have increased! The industry is also enjoying lower corn prices and Vietnamese feed millers have taken this opportunity to increase stocks of corn and placed large orders for corn.
Asian Agribusiness Consulting has an office in Ho Chi Minh City and we assist our clients on market information, market entry and market access.
Please visit our website www.asianagribusinessconsulting.com or email This email address is being protected from spambots. You need JavaScript enabled to view it.This email address is being protected from spambots. You need JavaScript enabled to view it.
White-leg shrimp prices fall in Mekong delta
The prices of unprocessed white-leg shrimp in the Mekong Delta region have declined significantly in the past three months, forcing farmers to make early harvests for fear of losses. One kilogram of white-leg shrimp is now sold at VND109,000-165,000 (USD5.17-7.83) in the region, down by nearly VND10,000 per kilo compared to last week and over VND50,000 per kilo against the end of February.
The price of white-leg shrimp decreased because of the impacts of news about the anti-dumping tariffs on Vietnamese shrimp exports in the United States and stricter controls on antibiotic residues in Vietnamese shrimp shipments in Japan and the European Union. Fast expansion of white-leg shrimp farming in the region this year has also contributed to prices declining, with some 1,500 more hectares in Ca Mau Province compared to the end of 2013. As of late last month, Tra Vinh Province had had 35,300 hectares, up more than 29% over last year and the white-leg shrimp farming area had increased six-folds. Tiger prawn prices in the region have stayed stable, at VND215,000-285,000 per kilo.
Michael Boddington from Asian Agribusiness Consulting (AAC) has been involved in agribusiness in Asia since 2000. AAC has office both in Vietnam Ho Chi Minh City and China Beijing. So AAC has a thorough understanding of the Viet Nam and China aqua industry and produces up-to-date research reports on the market. We can offer insights on supply and demand trends and comments on the future structure of Asian agribusiness. If you would like to know more please email This email address is being protected from spambots. You need JavaScript enabled to view it.
http://english.thesaigontimes.vn/34365/White-leg-shrimp-prices-fall-in-delta.html
New beef cattle breed “Yunling” will become the 4th breed of beef cattle which was developed by China independently
“Yunling” is one three-breed cross high-quality type which is bred by Academe of grassland and animal of Yunnan, screening from tens of crossing breeds beef cattle. Yunnan Provincial Science and Technology Department show great passion on this project and has approved to appropriate funds for 3.8 million RMB. “Yunling” has passed the preliminary examination of national new livestock and poultry breeding.
Now base has 3,800 inventory foundation cows, 648 nuclear breeding cows in Yunnan. Six cooperating organizations have transferred 1,135 embryos, made 0.1 million doses BMY breed frozen semen, and propagated 23,291 BMY and cross breed beef cattle.
Asia Agribusiness Consulting(AAC) has researched the Chinese beef industry. Our report identifies the market size, trends and key features of this industry. To find out more details please email This email address is being protected from spambots. You need JavaScript enabled to view it.This email address is being protected from spambots. You need JavaScript enabled to view it.
http://www.chinameat.cn/html/n1/1_1_0_0/2014-05-08/2014050810145209.shtml
Huishan Dairy and Friesland(Dutch) enter into exclusive talks on joint venture for infant milk formula in China
To expand their business and enrich their product line, Huishan Dairy plan to cooperate with Friesland to produce, market and sell high-quality infant milk formula in China.
Huishan will provide its high-quality raw milk from its own dairy farms in China to the joint venture and the joint venture will produce and market infant milk formula.
Both companies will continue to run their existing infant milk formula businesses separately. Huishan will carry on marketing its own brands. And Friesland’s Friso? brand will still be exclusively produced in the Netherlands and marketed by Friesland.
http://www.hesitan.com/nnyw_xjxm/2014-05-09/118897.chtml