Mitsui to participate in Vietnam shrimp processing company
Mitsui & Co Ltd. has reached an agreement with the Minh Phu Seafood Joint Stock Company to participate in the management of Minh Phu Hau Giang Limited Liability Company, largely known for shrimp processing and exportation. According to the agreement, Mitsui will take a 31% stake in Minh Phu Hau Giang, which is currently the largest vertically-integrated Vietnamese shrimp processing and exportation company with operations across the full aquaculture process from post-larvae rearing, shrimp farming, to processing and sales & exports. Their export volume accounts for roughly 15% of Vietnam’s total exports, shipping their products to the US, Europe, Japan, Korea, Canada and Australia.
Source: http://www.fis.com/fis/worldnews/worldnews.asp?l=e&country=0&special=&monthyear=&day=&id=64267&ndb=1&df=0
Growth in world meat prices
Global meat prices over the past 10 years has grown rapidly, with the 2002 and 2004 figures for comparison, since 2004, more than two-fold increase in poultry prices, beef prices rose nearly twice the price and pork increased by about 50%.
Rising demand for meat and poultry mainly due to the impact of growth in population and income, this is common phenomenon particularly in the developing countries. Global beef production remained unchanged from 2008 to 2013, while the global pork and poultry production continues to grow at a rate of 2% per year.
In the past two years, the Chinese mainland and Hong Kong beef imports tripled and has become the world's largest beef importer. This is under the condition that the global beef prices reached a record high and beef production remained virtually unchanged. U.S. beef production in 2013 is expected to decline 1%, but beef exports are expected to rise 2.8%.
Source from International Husbandry website: http://spzx.foods1.com/show_2359221.htm
Cargill opens Poultry production base in Lai’an ,Anhui province, China
Cargill held the inauguration ceremony of its world-class integrated poultry operation in Lai’an Anhui today. This project initiated in 2009, is a part of Cargill’s continuous effort to support the modernization of agriculture and food safety in China and the total investment is approximately US$250 million.
The fully-integrated project covers each stage of the poultry supply chain, including chicken breeding, raising, feed production, hatching, slaughtering and processing, which has the capacity to process approximately 65 million chickens per year, as well as 176,000 metric tonnes poultry products per year.
And in a much closer race Cargill, Tyson American also has established his own base in Lvxian, Shandong since 2012, have the capacity of 3.6 million broiler per year. And Tyson also plan to open two biggest broiler factories in Lvxian Town and Yanzhuang Town in 2013.
Year 2013 was a tough year for China’s poultry industry. From another perspective, the industry performance also provided a rare opportunity for the expansion of the leading enterprises as seen above.
According to Chen Jianhua’s analysis, there are two main reasons why international giants one and another enter China mainland market, First of all, China has a large population and a huge consumer market, any business will not ignore this market. Secondly, with the advance of urbanization as well as the raise of CPI, this market still has a huge room to grow.
In addition, the industry concentration of China market is far less than the United States, Chen Jianhua commented that the top five companiesin he USA combined market share was up to 67%. At present, there are tens of thousands of broiler farming enterprises in China, Fujian Sunner as China's largest broiler farming enterprises, who only controls 5% market share , he also said that China's tomorrow is United States’ today, the future of domestic farming enterprises must have an intense phase integration, now is only a beginning and industry downturns precisely offers a best time for large enterprises mergers and acquisitions.
Source from: http://spzx.foods1.com/show_2374758.htm
15
Jul
2012
Observation from Indonesian Indo Livestock 2012
http://v.youku.com/v_show/id_XNDI2NjM3MTc2.html
Observation from Indonesian Indo Livestock 2012.
After visiting Indo Livestock for the past two days, I thought it would be appropriate to share some of my views.
My first impression was that this event and the companies involved in the event have increased in terms of professionalism since previous events I’ve been to. It is interesting to the see the number of companies that are showing the link between feed, chicken production, and food. During the event, there was a special hole for food only and very much the thing was education and also demonstrating to customers some aspects of branding and traceability as you can see in the video.