Vietnam estimate to import more than 150,000 beef cattle from Australia
According to the Vietnam Trade Office in Australia, Australia exported 66,951 beef cattle into Vietnam in 2012-2013. Forecast, Vietnam will import more than 150,000 beef cattle in this year.
According to manager of Thuy Ha Company, a company imports live cattle directly from Australia, Mr. Luu Son Thuy said, this company has imported 10,000 cows in the beginning of April 2014. With the current market demand, they must import about 15,000 cows every month.
Currently, the price of beef fillet is VND 299,000 per kg, and meat of the rump prices VND 237,000 per kg.
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.This email address is being protected from spambots. You need JavaScript enabled to view it.
http://nld.com.vn/kinh-te/bo-uc-loan-gia-20140413213457905.htm
Developing dairy herd in Moc Chau Milk by 2020
Over 56 year of development, currently Moc Chau milk owns over 14,000 dairy cattle and one modern TMR plant, supplying about 150 tonnes raw milk per day. In 2014, Moc Chau milk has achieved certification VIETGAP.
In near future, the company continues to build the concentrated farm with 1,000 cows per farm, expanding the raw material area.
In recent years, Moc Chau milk has provided nearly 3,000 mother cows to other provinces over Vietnam. Next time, they will focus on developing dairy herd to reach 17,000-20,000 cows and 100,000 tonnes of milk production by 2015. By 2020, the dairy herd will be 40,000 cows, milk production will reach 180,000-200,000 tons.
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 dairy 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.baomoi.com/Khang-dinh-thuong-hieu-Giong-bo-sua-Moc-Chau/50/13555324.epi
Mekong Delta will transferred 90,000 hectares to aquaculture by 2030
Mekong Delta will transfer 90,000 hectares of submerged land into aquaculture due to the effects of climate change in next years.
According to the Ministry of Agriculture, aquaculture area will reach nearly 543,000 hectares in 2020, an increase of nearly 75,000 hectares compared with 2010. It will continue increased to 558,000 hectares in 2030, an increase of 90,000 hectares compared with 2010. With this area, aquaculture production will be expected to reach 3 million tonnes in 2020, including 2.1 million tonnes of fish, 578,000 tonnes of shrimp, and 305,000 tons of other seafood.
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.vietlinh.vn/library/news/2014/aquaculture_news_show_2014.asp?ID=634
The price of catfish hatcheries have been increasing strongly
The current price of catfish hatcheries have increased at 10,000 VND / kg since the beginning of this year due to increased demand and limited supply. This price has reached VND 36000-39000 per kg (type 30-40 pieces/kg), a VND 16,000-17,000 per kg higher compared with the same period last year.
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.vietlinh.vn/library/news/2014/aquaculture_news_show_2014.asp?ID=641
China imposes import ban on live US hogs
China, the world's largest pork consumer, has imposed a temporary restriction on hog imports from the US to prevent a deadly virus from spreading, which makes it worse for US swine exporters who are already at a price disadvantage, Reuters reported over the weekend. No more import permits will be issued until the two countries reach an agreement on a protocol for testing animals for the Porcine Epidemic Diarrhea virus or PEDv, Reuters reported Friday, citing Tony Clayton, president of the Livestock Exporters Association of the USA. China's Ministry of Agriculture was not available for comment Monday because it was the last day of the Tomb-Sweeping holidays. China reportedly purchased about $20 million worth of US breeding hogs in 2013. Japan also officially notified the US about its import restriction last week. Mexico limited imports of live hogs from the US last year. China, Japan and Mexico are among the top buyers of US pork. Even without the import restrictions, it is difficult for US pigs to enter the -Chinese mainland market because of price disadvantages, industry analysts told the Global Times on Monday.
The PEDv, fatal in suckling pigs, has led to estimated 4-5 million pig deaths since it was first reported in May 2013, reducing hog supplies and sending -prices to record highs in the US. US hogs had long been cheaper than domestic ones until February this year, as the price of US swine hit a record RMB 18,000 ($2,927) per ton in late March before easing a little to RMB 16,000 to RMB 17,000 on Wednesday which is still at least 45 percent more expensive than domestic hogs, Ma Wenfeng, an analyst at Beijing Orient Agribusiness -Consultant Ltd, wrote in a research note e-mailed to the Global Times on Monday. "The import restriction is to prevent the deadly virus spreading to China's pig farms, meanwhile China's import ban on US hogs is helpful to ease the already tight supply of pork in the US," Ma said.
The falling prices of domestic hogs have been hurting Chinese pig farmers. A hog that sold for RMB 14 per kilogram in 2013 is now only priced at RMB 10 per kilogram, and breeding a pig leads to a loss of RMB 200, Li Cheng-wen, a Jilin-based pig farmer, told the Global Times on Monday. The retail market for pork is also sluggish. China's pork price has been falling since early this year due to oversupply, Guo Huiyong, an independent analyst of animal husbandry industry, told the Global Times on Monday.
Pork demand is weak amid the -cooling economy and partly due to the government's curb on lavishbanquets in its fight against corruption, Guo noted. Restaurant consumption accounts for about 40 percent of all pork consumption, he said. China's central government made the latest purchase of 65,000 tons of frozen pork for the State reserve on March 27, amid an effort to stabilize the pork price and protect the interest of pig farmers. The US is not only China's largest live swine supplier but also the largest pork exporter, according to a research report released in February by the US Department of Agriculture (USDA). However, the US share of China's imports fell to 21 percent in 2013 from 54 percent in 2011, according to USDA.
http://www.zgyz001.com/news/industry_news/30742.html
China to continue strong beef imports
The ongoing shortages in China will continue to support rising imports of frozen beef, with Australia remaining the biggest supplier accounting for 53% of total import volume in 2013. Overall, market fundamentals remain positive for the global beef industry, according to Rabobank's Q1 Beef Quarterly report. Although 2014 imports in China are not expected to reach the growth levels experienced in 2013, they will grow as Chinese farmers take little interest in Government-supported production expansion and strong profits. Market opening to Brazilian beef may happen imminently. "Prospects remain positive in Q2, with a possible upside due to pressured supply and scarce supply of competing proteins," explained Rabobank Analyst, Albert Vernooij. "Brazilian cattle prices and exports have surged to record levels, and Australian droughts have encouraged historically high slaughter levels to meet global demand."
http://www.asian-agribiz.com/display.aspx?PageID=0&MemberID=0&screenheight=900&screenwidth=1600#
China COFCO Bought 51% Stake in Noble Agriculture Unit
China's largest grain trader, state-owned COFCO Corp., and mainland private-equity firm Hopu Investment Management Co. are buying a majority stake in Noble Group Ltd's agribusiness division for $1.5 billion and forming a joint venture, as China continues to build its footprint in the global food market.
The COFCO-Hopu consortium will take a 51% stake in the joint venture, while Singapore-listed Noble Group, will hold the remaining 49% stake in the agriculture unit. This is the latest billion-dollar-plus transaction made by COFCO, which recently agreed to buy 51% of in Dutch grain trader Nidera, giving it greater control over pricing and better access to major grain-growing regions, such as Latin America and Russia.
Noble Group said early in March that it was in discussions with a consortium over a joint venture of its agribusiness division, which has been hit by falling commodity prices. Noble, which is 15% owned by China's sovereign-wealth fund China Investment Corp., or CIC, trades agricultural commodities from grains and oilseeds to cotton and distributes products in Asia and the Middle East. China, a huge importer of soybeans from Argentina and Brazil, has also been investing in agriculture in Eastern Europe.
Little-known outside China, COFCO, which was founded in 1949, has been Beijing's go-to company for years when it wants to import U.S. corn or Australian wheat. The revenues of the state-run firm were $34 billion in 2012. Hopu is a private-equity fund originally set up by Fang Fenglei, Goldman Sachs Group Inc. GS -2.87% 's China partner, and backed by Goldman and Singapore's Temasek Holdings Pte. Ltd.
COFCO, which will take a two-thirds majority in the investment partnership with Hopu, sees the joint venture as a way to grow both businesses. "Noble Agri's supply-chain management system and origination capabilities complement Cofco's logistics, processing, and distribution network in China," Frank Ning, chairman of COFCO, said in a statement. "Incremental trade volumes from COFCO as a strategic investor will create significant synergy and value." China's growing wealth is prompting increased demand for food. In 2011, China became a net importer of rice, and the gap between exports and imports has been widening in recent years. Chinese imports of soybeans overtook domestic production in 2004. The country also imported record volumes of corn in December, mostly from the U.S., with most of that going toward feed for animals.
This is COFCO's second big transaction this year, after the Nidera deal. The total enterprise value of Nidera is around $4 billion, according to people familiar with the matter, so the value of Cofco's stake is around $1.2 billion. Having stronger ties with food traders like Nidera and Noble has the potential to make the pricing of grains more transparent to Cofco. Mr. Ning will be the chairman of Noble Agri, while Richard Elman, founder and chairman of Noble Group, will take on the role of deputy chairman, the companies said.
http://bbs.nffair.com/34180.html
Thailand up 62% in Vietnamese pangasius imports in 2013
In 2013, Thailand was the second largest market in Asia to import pangasius from Vietnam. Vietnam Customs reported that pangasius exports to Thailand in the last year were worth USD34.2 million, up 62.3% year on year. In 2014, Vietnamese pangasius export to Thailand is predicted to be lower than that recorded in 2013 due to political crisis.
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.seafood.vasep.com.vn/Daily-News/378_9343/Thailand-up-62-percent-in-Vietnamese-pangasius-imports-in-2013.htm
Brazilian group JBS wants to increase sale of food to China by 20 pct in 2014
Brazilian group JBS plans to increase sales of food to China by 20 percent in 2014, the chairman of the group, who said it was the world’s largest meat producer, said in Sao Paulo Monday.
According to the Reuters news agency, Joesley Batista said that demand for foodstuffs by China remains strong, and that in 2013 JBS sold over US$2 billion to China, from total turnover of US$0 billion. The JBS groups sells beef to China from its subsidiaries in Australia and the United States and pork and chicken meat from the companies it controls in Brazil and the United States. During the Global Agribusiness Forum, held Monday and Tuesday in Sao Paulo, Batista said that demand from China was increasing in quality “as previously we only sold offal, and now we are selling second and even first rate beef.” The chairman of the JBS group noted that his projection was based on the facts and that family income was increasing in China and that per capita consumption was relatively low – 7 kilos per year – whilst in Brazil consumption is between 35 and 40 kilos per year. The group’s website describes it as being the world leader in beef, lamb and poultry processing, as well as being heavily involved in pork meat production. It has over 185,000 works in 340 production units and sells to over 150 countries.
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.macauhub.com.mo/en/2014/03/25/brazilian-group-jbs-wants-to-increase-sale-of-food-to-china-by-20-pct-in-2014/
Vietnam forecast zero duty on imported beef by 2018
From the beginning of 2014, Vietnam has imported more than 1,100 tonnes of meat from Europe, including more than 300 tonnes of frozen beef from Poland; averaging, the total revenues of Poland at Vietnam market is about more than Euro 1.5 million per year. In 2018, the beef import duty into VN will be 0%, the amount of meat imported into VN will be much higher.
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://dddn.com.vn/thi-truong/nganh-chan-nuoi-bo-thit-vn-nguy-co-20140327034829887.htm