Vietnam: decreasing price of live pig
According to the farmers at Long Thanh district, Dong Nai province, Vietnam, the price of live pig decreased by VND1, 000 per kilogram compared to last month. However, the price of live pig trends to decreasing in the next time.
Moreover, the price of pair of piglets have reached around VND1, 800,000-2, 000,000.
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 livestock 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://www.tintucnongnghiep.com/2014/02/ong-nai-heo-hoi-giam-gia.html
China Plans to reform its subsidized grain price policy
China will sever the link between produce prices and government subsidies to build price mechanism that benefits both customers and farmers, China’s top economic planner said. The reform will subsidize consumers when the market price is too high while giving farmers allowances when the market price is below the target, the National Development and Reform Commission (NDRC) said in one statement.
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://www.xiaomai.cn/html/news/20140208/334489.html
Food security, rural environment top China's policy agenda in 2014
China's top policy priorities for 2014 will be improving the rural environment and maintaining food security, according to a a key policy document published by the official Xinhua news agency on Sunday.
The "number one document", issued every January by the Central Committee of the Chinese Communist Party, sets the country's policy priorities for the year, and has focused on rural matters every year since 2003. This year's document also focused on the development of "modern agriculture" and laid out improvements to the way the countryside is governed. However, hopes that Beijing would explicitly relax a longstanding 95-percent food self-sufficiency target and open the floodgates for more imports appear to have been dashed. The document said China would continue to pursue "basic grain self-sufficiency" while increasing the use of overseas markets and allowing an "appropriate" amount of imports, but it stressed it "would not relax domestic food production at any time".
Beijing has been preoccupied with cleaning up urban pollution following a spate of severe smog problems, but has also acknowledged that industrial contamination of water and soil, together with the overuse of pesticides and fertilizer, has caused severe environmental problems in the countryside. The fight against rural pollution is also part of China's efforts to ensure it has enough farmland, water and rural labor to feed a growing urban population without having to turn to overseas markets. Xinhua, citing the policy document, said China would seek to resolve environmental constraints such as water shortages.
It would also work over the rest of the year to strengthen food security, set up mechanisms to ensure sustainable rural development and deepen reforms to allow the transfer of land. Around 3.33 million hectares of farmland is now too polluted to grow crops, China said at the end of last year. Rejuvenating contaminated land will help China ensure that at least 120 million hectares of land is reserved for farming, a policy known as the "red line".
China's rapid urbanization has cut surplus farm labor and boosted incomes, but the government worries a dwindling rural workforce will be incapable of producing enough food to meet growing demand. So it has sought ways to spur farmers to stay on their land, by providing subsidies and investing in rural infrastructure. China has to work to improve conditions in the countryside in order to stop an exodus of rural workers into the cities, Agriculture Minister Han Changfu told Xinhua last year.
"Chinese farmers want to move to the cities, but it is not possible for them all to do so, and it is even less possible for them all to move into the big cities, so we must plan urbanization and rural construction accordingly and build homes that allow rural people to live a happy life," he said.
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.This email address is being protected from spambots. You need JavaScript enabled to view it.
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.This email address is being protected from spambots. You need JavaScript enabled to view it.
http://shipin.people.com.cn/BIG5/n/2014/0120/c85914-24165486.html
Joint ventures make inroads into China's infant formula market
The profitable baby formula market in China recently saw many new investors partnering up with foreign brands in the hope of grabbing a market share from domestic companies.
The Taiwanese food giant Tingyi operating on the mainland under the brand name Master Kong recently signed a strategic cooperation agreement with Japanese powdered milk manufacturer Wakodo to set up a joint venture in Shanghai that imports baby formula, Beijing Business Today reported.
Market sources said Wakodo will hold 55% of the shares of the new company, which will start operations in 2014, while Master Kong possesses 45%, according to the newspaper.
Meanwhile, the New Hope Group, a Chinese business juggernaut in the dairy, animal feed and meat products sectors, has revealed that it plans to invest in Synlait Milk in New Zealand, contracting the latter to develop and produce baby formula for the Chinese market.
"The Wakodo-Master Kong and Synlait-New Hope joint ventures were formed because Chinese consumers prefer foreign baby formula brands," China Investment Consulting's food sector researcher, Jian Aihua, told the business daily.
In China, foreign brands normally face a marketing challenge due to a lack of distribution channels. Working with domestic enterprises could resolve this problem, Jian noted.
The researcher also pointed out that China is growing into one of the world's largest powdered milk consumers due to the huge demand for baby formula.
Official data shows that the total value of baby foods sold on the mainland in 2010 reached 42 billion yuan (US$6.9 billion), and 36.8 billion yuan (US$6 billion) was the turnover from baby formula.
It is predicted that the turnover of China's baby formula will surge to nearly 80 billion yuan (US$13 billion) in 2015.
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.This email address is being protected from spambots. You need JavaScript enabled to view it.
http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20131123000030&cid=1102