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Comments Off on Milk price surges to highest point in 2 years

Milk price surges to highest point in 2 years

Posted by | November 2, 2016 |

81

Economists went back to the drawing board to revise up their farmgate milk price forecasts after wholemilk powder prices hit their highest point in just over two years at this morning’s GlolbalDairyTrade (GDT) auction.

The GDT price index jumped by 11.4 per cent but the price of whole milk powder – which has the greatest influence over Fonterra’s farmgate milk price – shot up by a much stronger than expected 20 per cent to US$3317/tonne.

Westpac revised up its farm gate milk price this season to $5.80 a kg from a previous forecast of $5.30 and ANZ said there were “upside risks” to forecasts into the low $6.00/kg mark.

ANZ said there appeared to be an element of buyers scrambling to meet near-term demand against a backdrop of reduced local supply, which has been curtailed by a wet and colder than normal spring.

“The key question now is whether or not gains can be maintained, especially with the possibility of warmer temperatures seeing improved North Island pasture growth,” ANZ said in a commentary.

“Even so, farmers will no doubt welcome the move and it certainly suggests upside risks to milk price forecasts, perhaps into the low NZ$6 mark per kg of milk solids,” ANZ said. ASB Bank and Rabobank have predicted a $6.00 milk price, compared with Fonterra’s forecast of $5.25/kg.

After several auctions, when prices remained broadly stable, markets seem to have reacted strongly to Fonterra’s revised production estimates for the 2016/17 season, Westpac senior economist Anne Boniface said.

In particular, Chinese bidders were notably more active in the latest auction, crowding out buyers from other regions, she said. “This suggests a genuine concern about being left short of stock is helping drive prices higher,” she said.

Fonterra has been drawing attention to the poor October milk flows in parts of the upper North Island. The catalyst for the downward revisions to local production has been too much rain during October in key dairying regions including the Waikato, Northland and Bay of Plenty.

Consequently, Fonterra is now expecting to collect seven per cent less milk this season than last.

ASB rural economist Nathan Penny, who has long forecast a $6.00/kg milk price, said the lift in prices on the basis of rapidly falling production was just a matter of time.

“The ‘big wet’ has also sped up the dairy price correction, meaning we are ahead of where we thought prices would be at this stage of the season,” he said. “In fact, prices have both lifted earlier and higher than we anticipated,” he said.

As a result, if New Zealand production is indeed as weak as we anticipate, then prices are likely to stabilise at current levels, if not lift further, he said.

“In this respect, we see an increasing probability that this season’s milk price lifts above our current $6.00/kg forecast,” Penny said.

Source:http://mobile.nzherald.co.nz/business/news/article.php?c_id=3&objectid=11740593

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Comments Off on AARTD美女记者在李曼大会上采访猪业国内外重量级专家!

AARTD美女记者在李曼大会上采访猪业国内外重量级专家!

Posted by | October 21, 2016 |

第五届李曼中国养猪大会暨2016世界养猪产业博览会在南京胜利召开。AARTD的美女记者Bonnie Mei有幸对养猪业国内外知名领军人物进行了采访。

这次采访收获颇多,意义深远,专家们在专业知识,业内热点行情,行业发展理念,业内面临的挑战以及解决实际问题的方案等多方面给我们进行了讲解,提供了很多养猪行业内最新的宝贵信息。

webwxgetmsgimg-11

莫瑞森博士(Dr.Bob Morrison)是明尼苏达大学养猪小组的兽医教授。他热心教学,并从事养猪行业的应用研究和服务。他的职责之一是作为一年一度的李曼养猪大会的项目主席。他还是知名网络教育系统“At the meeting”的主持人。鲍勃还参与一个位于明尼苏达西部,有3000头母猪的自家拥有猪场的管理。他为美国及世界范围小型和大型猪场提供咨询。鲍勃既有养猪方面的经验,又有商业教育背景,集养猪生产应用科学和商业管理于一身。

Dr.Bob Morrison给我们介绍了如何教猪场工作人员生产健康,安全,价格合理的产品,以及如何做好疾病控制等重要内容。(详细采访内容稍后发布,请您持续关注!)

webwxgetmsgimg-12

佩卓•尤罗拉博士(Pedro E.Urriola)于2003年从委内瑞拉中央大学兽医学院本科毕业,他在美国明尼苏达大学完成了猪营养学的硕士学位,在伊利诺伊大学获得猪营养学博士学位。他硕士和博士研究致力于提高生长猪饲料中替代饲料成分的营养利用,在研究成果基础上发表了6篇论文,19篇学术会议文章和一本书的章节。他在美国和拉美为多个产业团体,养殖户和饲料行业做学术报告。目前,他是明尼苏达大学动物科学系的一名助理教授,工作是继续对工业副产品进行营养评估,尤其是酒漕及可溶物,但是更着重于能量,氨基酸,磷和膳食纤维等诸多方面。他们的研究成果获得了美国动物科学协会的专业认可和嘉奖。尤罗拉博士还参与了与明尼苏达大学兽医学院合作的猪冠状病毒传播的管理以及控制项目。

佩卓•尤罗拉博士对于在工作室里遇到的最重要的三个问题为我们进行了介绍和讲解。(详细采访内容稍后发布,请您持续关注!)

webwxgetmsgimg-14

高登•思邦克博士(Dr.Spronk)是派普斯通兽医诊所的董事会主席,兽医官和合伙人。他在明尼苏达大学兽医学院获得了本科和博士学位。毕业后,他在明尼苏达西南部开始了他的兽医职业生涯,致力于奶牛和猪的健康项目。思邦克博士参与了许多学术和商业活动,他是多个生猪生产企业的创始人之一和前主席,至今仍然积极参与企业活动并拥有股权。思邦克博士于2011年被授予了实践科学奖(明尼苏达大学),2000年获得年度养猪从业者奖(AASV)。

高登•思邦克博士给我们介绍了今年工作中遇到的最大的三个挑战。(详细采访内容稍后发布,请您持续关注!)

webwxgetmsgimg-13

刘爱民(Frank Liu),美国明尼苏达大学兽医学院中国项目主任。他在兽医学院的其它工作经历包括8年兽医诊断实验室和1年动物健康和食品安全中心。刘博士在美国明尼苏达大学有5年的博士后研究经验,并发表了近40篇论文,摘要、书籍章节和编辑书籍。从2004年到2006他是一家生物技术公司的创建人并担任CEO。1998到2001年,他在总部在东南亚的UNCTD下属国际组织担任农业部门负责人和地区项目协调员。刘博士积极参与养猪相关的教育和推广活动,并为中国养猪生企业提供顾问咨询和与国外先进技术搭建桥梁。他于2012年把李曼大会引进中国,负责组织召开中国李曼养猪大会。并以李曼大会为平台,为中国养猪行业提供高质量和结合生产的培训内容,把李曼中国培育成行业知名品牌。他还在中国组织开展其它兽医继续教育相关的项目。

刘博士给我们介绍了在中国发展第三方兽医诊断实验室需要的支持以及国外的新理念和新思维。(详细采访内容稍后发布,请您持续关注!)

webwxgetmsgimg-15

闫之春(Jason Yan), 现任新希望六和首席科学家,曾任美国谷物协会北京办事处技术主任,技术工作的重点是现代养猪企业的生产效率和健康管理,同时兼顾现代饲料生产的加工过程控制和质量管理。

闫博士给我们介绍了猪业面临的挑战和解决实际问题的方案。(详细采访内容稍后发布,请您持续关注!)

专家们给我们分享了很多宝贵的行业信息,让我们学习到了猪业的相关知识,并对养猪行业有了更深的了解和认识。我们将用这次在李曼大会上收获的财富来更好地为大家服务。

更多精彩稍后继续,请您持续关注!

文章来源:AARTD独家

欲了解更多行业内高薪职位,请关注我们的Linkedin公司账号:http://www.linkedin.com/company/aartd—asian-agribusiness-recruitment-training-&-development

为了中国农业及您个人更好的发展,请关注我们的网站:https://aartd.com

第五届李曼中国养猪大会暨2016世界养猪产业博览会在南京胜利召开。AARTD的美女记者Bonnie Mei有幸对养猪业国内外知名领军人物进行了采访。

这次采访收获颇多,意义深远,专家们在专业知识,业内热点行情,行业发展理念,业内面临的挑战以及解决实际问题的方案等多方面给我们进行了讲解,提供了很多养猪行业内最新的宝贵信息。

webwxgetmsgimg-11

莫瑞森博士(Dr.Bob Morrison)是明尼苏达大学养猪小组的兽医教授。他热心教学,并从事养猪行业的应用研究和服务。他的职责之一是作为一年一度的李曼养猪大会的项目主席。他还是知名网络教育系统“At the meeting”的主持人。鲍勃还参与一个位于明尼苏达西部,有3000头母猪的自家拥有猪场的管理。他为美国及世界范围小型和大型猪场提供咨询。鲍勃既有养猪方面的经验,又有商业教育背景,集养猪生产应用科学和商业管理于一身。

Dr.Bob Morrison给我们介绍了如何教猪场工作人员生产健康,安全,价格合理的产品,以及如何做好疾病控制等重要内容。(详细采访内容稍后发布,请您持续关注!)

webwxgetmsgimg-12

佩卓•尤罗拉博士(Pedro E.Urriola)于2003年从委内瑞拉中央大学兽医学院本科毕业,他在美国明尼苏达大学完成了猪营养学的硕士学位,在伊利诺伊大学获得猪营养学博士学位。他硕士和博士研究致力于提高生长猪饲料中替代饲料成分的营养利用,在研究成果基础上发表了6篇论文,19篇学术会议文章和一本书的章节。他在美国和拉美为多个产业团体,养殖户和饲料行业做学术报告。目前,他是明尼苏达大学动物科学系的一名助理教授,工作是继续对工业副产品进行营养评估,尤其是酒漕及可溶物,但是更着重于能量,氨基酸,磷和膳食纤维等诸多方面。他们的研究成果获得了美国动物科学协会的专业认可和嘉奖。尤罗拉博士还参与了与明尼苏达大学兽医学院合作的猪冠状病毒传播的管理以及控制项目。

佩卓•尤罗拉博士对于在工作室里遇到的最重要的三个问题为我们进行了介绍和讲解。(详细采访内容稍后发布,请您持续关注!)

webwxgetmsgimg-14

高登•思邦克博士(Dr.Spronk)是派普斯通兽医诊所的董事会主席,兽医官和合伙人。他在明尼苏达大学兽医学院获得了本科和博士学位。毕业后,他在明尼苏达西南部开始了他的兽医职业生涯,致力于奶牛和猪的健康项目。思邦克博士参与了许多学术和商业活动,他是多个生猪生产企业的创始人之一和前主席,至今仍然积极参与企业活动并拥有股权。思邦克博士于2011年被授予了实践科学奖(明尼苏达大学),2000年获得年度养猪从业者奖(AASV)。

高登•思邦克博士给我们介绍了今年工作中遇到的最大的三个挑战。(详细采访内容稍后发布,请您持续关注!)

webwxgetmsgimg-13

刘爱民(Frank Liu),美国明尼苏达大学兽医学院中国项目主任。他在兽医学院的其它工作经历包括8年兽医诊断实验室和1年动物健康和食品安全中心。刘博士在美国明尼苏达大学有5年的博士后研究经验,并发表了近40篇论文,摘要、书籍章节和编辑书籍。从2004年到2006他是一家生物技术公司的创建人并担任CEO。1998到2001年,他在总部在东南亚的UNCTD下属国际组织担任农业部门负责人和地区项目协调员。刘博士积极参与养猪相关的教育和推广活动,并为中国养猪生企业提供顾问咨询和与国外先进技术搭建桥梁。他于2012年把李曼大会引进中国,负责组织召开中国李曼养猪大会。并以李曼大会为平台,为中国养猪行业提供高质量和结合生产的培训内容,把李曼中国培育成行业知名品牌。他还在中国组织开展其它兽医继续教育相关的项目。

刘博士给我们介绍了在中国发展第三方兽医诊断实验室需要的支持以及国外的新理念和新思维。(详细采访内容稍后发布,请您持续关注!)

webwxgetmsgimg-15

闫之春(Jason Yan), 现任新希望六和首席科学家,曾任美国谷物协会北京办事处技术主任,技术工作的重点是现代养猪企业的生产效率和健康管理,同时兼顾现代饲料生产的加工过程控制和质量管理。

闫博士给我们介绍了猪业面临的挑战和解决实际问题的方案。(详细采访内容稍后发布,请您持续关注!)

专家们给我们分享了很多宝贵的行业信息,让我们学习到了猪业的相关知识,并对养猪行业有了更深的了解和认识。我们将用这次在李曼大会上收获的财富来更好地为大家服务。

更多精彩稍后继续,请您持续关注!

文章来源:AARTD独家

欲了解更多行业内高薪职位,请关注我们的Linkedin公司账号:http://www.linkedin.com/company/aartd—asian-agribusiness-recruitment-training-&-development

为了中国农业及您个人更好的发展,请关注我们的网站:https://aartd.com

第五届李曼中国养猪大会暨2016世界养猪产业博览会在南京胜利召开。AARTD的美女记者Bonnie Mei有幸对养猪业国内外知名领军人物进行了采访。

这次采访收获颇多,意义深远,专家们在专业知识,业内热点行情,行业发展理念,业内面临的挑战以及解决实际问题的方案等多方面给我们进行了讲解,提供了很多养猪行业内最新的宝贵信息。

webwxgetmsgimg-11

莫瑞森博士(Dr.Bob Morrison)是明尼苏达大学养猪小组的兽医教授。他热心教学,并从事养猪行业的应用研究和服务。他的职责之一是作为一年一度的李曼养猪大会的项目主席。他还是知名网络教育系统“At the meeting”的主持人。鲍勃还参与一个位于明尼苏达西部,有3000头母猪的自家拥有猪场的管理。他为美国及世界范围小型和大型猪场提供咨询。鲍勃既有养猪方面的经验,又有商业教育背景,集养猪生产应用科学和商业管理于一身。

Dr.Bob Morrison给我们介绍了如何教猪场工作人员生产健康,安全,价格合理的产品,以及如何做好疾病控制等重要内容。(详细采访内容稍后发布,请您持续关注!)

webwxgetmsgimg-12

佩卓•尤罗拉博士(Pedro E.Urriola)于2003年从委内瑞拉中央大学兽医学院本科毕业,他在美国明尼苏达大学完成了猪营养学的硕士学位,在伊利诺伊大学获得猪营养学博士学位。他硕士和博士研究致力于提高生长猪饲料中替代饲料成分的营养利用,在研究成果基础上发表了6篇论文,19篇学术会议文章和一本书的章节。他在美国和拉美为多个产业团体,养殖户和饲料行业做学术报告。目前,他是明尼苏达大学动物科学系的一名助理教授,工作是继续对工业副产品进行营养评估,尤其是酒漕及可溶物,但是更着重于能量,氨基酸,磷和膳食纤维等诸多方面。他们的研究成果获得了美国动物科学协会的专业认可和嘉奖。尤罗拉博士还参与了与明尼苏达大学兽医学院合作的猪冠状病毒传播的管理以及控制项目。

佩卓•尤罗拉博士对于在工作室里遇到的最重要的三个问题为我们进行了介绍和讲解。(详细采访内容稍后发布,请您持续关注!)

webwxgetmsgimg-14

高登•思邦克博士(Dr.Spronk)是派普斯通兽医诊所的董事会主席,兽医官和合伙人。他在明尼苏达大学兽医学院获得了本科和博士学位。毕业后,他在明尼苏达西南部开始了他的兽医职业生涯,致力于奶牛和猪的健康项目。思邦克博士参与了许多学术和商业活动,他是多个生猪生产企业的创始人之一和前主席,至今仍然积极参与企业活动并拥有股权。思邦克博士于2011年被授予了实践科学奖(明尼苏达大学),2000年获得年度养猪从业者奖(AASV)。

高登•思邦克博士给我们介绍了今年工作中遇到的最大的三个挑战。(详细采访内容稍后发布,请您持续关注!)

webwxgetmsgimg-13

刘爱民(Frank Liu),美国明尼苏达大学兽医学院中国项目主任。他在兽医学院的其它工作经历包括8年兽医诊断实验室和1年动物健康和食品安全中心。刘博士在美国明尼苏达大学有5年的博士后研究经验,并发表了近40篇论文,摘要、书籍章节和编辑书籍。从2004年到2006他是一家生物技术公司的创建人并担任CEO。1998到2001年,他在总部在东南亚的UNCTD下属国际组织担任农业部门负责人和地区项目协调员。刘博士积极参与养猪相关的教育和推广活动,并为中国养猪生企业提供顾问咨询和与国外先进技术搭建桥梁。他于2012年把李曼大会引进中国,负责组织召开中国李曼养猪大会。并以李曼大会为平台,为中国养猪行业提供高质量和结合生产的培训内容,把李曼中国培育成行业知名品牌。他还在中国组织开展其它兽医继续教育相关的项目。

刘博士给我们介绍了在中国发展第三方兽医诊断实验室需要的支持以及国外的新理念和新思维。(详细采访内容稍后发布,请您持续关注!)

webwxgetmsgimg-15

闫之春(Jason Yan), 现任新希望六和首席科学家,曾任美国谷物协会北京办事处技术主任,技术工作的重点是现代养猪企业的生产效率和健康管理,同时兼顾现代饲料生产的加工过程控制和质量管理。

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专家们给我们分享了很多宝贵的行业信息,让我们学习到了猪业的相关知识,并对养猪行业有了更深的了解和认识。我们将用这次在李曼大会上收获的财富来更好地为大家服务。

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Comments Off on Food safety management ineffective

Food safety management ineffective

Posted by | September 29, 2016 |

September, 23/2016

 

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Veterinary officials check food at a traditional market in the central province of Khánh Hòa’s Nha Trang City. The Ministry of Agriculture and Rural Development will also continue strict surveillance of the trade and use of chemicals to protect plants and vegetables.- VNA/VNS Photo Đình Huệ

HCM CITY —  State management of food safety and hygiene should be reorganised as it remains ineffective in monitoring unsafe food sold in the market, experts have said.

The suggestion was made at a food-safety policy forum that ended yesterday in HCM City held by the Office of the National Assembly.

Under the 2010 Food Safety Law, the Ministry of Health, Ministry of Trade and Industry, and Ministry of Agriculture and Rural Development are all responsible for management of food safety and hygiene.

“Overlapping management is the consequence of this,” said Nguyễn Tử Cương, former head of the National Agro-Forestry-Fisheries Quality Assurance Department.

Cương said that consumers were at a great disadvantage because food safety was still not ensured.

Trần Quang Trung, former head of the Việt Nam Food Administration, said that an independent agency from the central to grassroots level should be set up to improve management.

HCM City is planning to pilot this kind of agency, which should be expanded to other locailties, he said.

He said the law and other regulations on food safety were in conflict with each other, and did not even include the same standards set by many other countries.

Nguyễn Thanh Phong, head of the Việt Nam Food Administration, said that improved interdisciplinary co-operation among government agencies would ensure food safety and hygiene at public places.

The agencies are creating safe food chains to ensure that safe food is used, especially at schools and industrial park kitchens.

Although food poisoning is closely monitored by agencies, the risk remains high, he said.

Between 2011 and 2014, the Food Administration agency conducted inspections of more than 2.6 million food establishments.

Around 20 per cent of the establishments violated regulations on food safety and hygiene, Phong said, adding that these establishments were fined VNĐ75.5 billion (US$3.3 million).

In 2011, 148 food poisoning cases occurred, increasing to 194 in 2014. The figure fell by 179 last year.

Twenty-five cases were recorded in the first quarter, with two people dying from food poisoning.

The causes were contamination from microorganisms and chemicals, but the cause of many food poisoning cases was difficult to determine.

Losses caused by food poisoning in 2011 were estimated to be US$239,550, increasing to $270,436 in 2014 and $283,874 in 2015.

Dr Phạm Duy Tường of Hà Nội Medical University’s Nutrition Faculty said that illegally imported food was difficult to control.

Phong said the Ministry of Industry and Trade and provincial people’s committees, especially those in border provinces, would ensure closer monitoring of illegal imports.

The Ministry of Agriculture and Rural Development will also continue strict surveillance of the trade and use of chemicals to protect plants and vegetables.

Phong said the Government should allocate sufficient funds to meet the goals of the national programme on food safety and hygiene. In 2014, the fund was cut by 60 per cent.

Allocation of other funds, including one to build a national experimental institute for food safety and hygiene, should also be done soon, according to Phong. —VNS

Source: http://vietnamnews.vn/

Comments Off on Việt Nam, UK to boost coffee trade

Việt Nam, UK to boost coffee trade

Posted by | September 29, 2016 |

September, 23/2016 – 15:44

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LONDON – Vietnamese and British coffee enterprises are keen on doing more business together, Việt Nam Coffee and Cocoa Association (VICOFA) Chairman Lương Văn Tự said on Wednesday.

Tự was speaking to a Vietnam News Agency correspondent at a roundtable discussion on the coffee business in London.

The seminar, jointly held by VICOFA, British Coffee Association and the Embassy of Việt Nam in the United Kingdom, aims to boost coffee trade between the two countries.

Participants discussed measures to develop and promote coffee production standards in line with the principles of sustainable development. They also talked about the quality of coffee and how export supply chains are organised in producing countries such as Việt Nam.

At the seminar, Vietnamese Ambassador to the UK Nguyễn Văn Thảo pledged his strong support to facilitate Vietnamese market access to UK enterprises. Deputy Minister of Agriculture and Rural Development Lê Quốc Doanh said Việt Nam encouraged foreign investors to pour capital into agriculture, including the coffee processing technology.

Việt Nam is the largest coffee producer in Asia and second in the world after Brazil.

Every year, Việt Nam exports 90 per cent of what it produces with a volume of some 1.3 million tonnes, earning over US$3 billion. In recent years, Việt Nam has increased the export of processed coffee — roasted, ground and 3 in 1.

The Vietnamese coffee industry is focusing more on processing instant coffee, which generates higher profits for the national coffee sector.

Domestic consumption is also increasing rapidly. In 2015, Việt Nam had 17,300 coffee shops nationwide. There are several coffee shop chains in the country, such as Highland Coffee, Trung Nguyên, Mê Trang and Vinacafe. The Starbucks chain has developed at a very rapid pace in Việt Nam.

In 2015, bilateral trade turnover between the United Kingdom and Việt Nam reached $5.4 billion, an increase of 25 per cent against the previous year. The United Kingdom’s investment in Việt Nam was valued at $4.7 billion, ranking second among European Union investors.

Việt Nam export turnover to the United Kingdom has been increasing at an average of 20 per cent per year. The main export products include seafood, vegetable, fruits and cashew, as well as coffee, tea, pepper and rubber, along with garments, textiles and shoes. In terms of coffee, the United Kingdom is among the top 10 largest coffee importing markets of Việt Nam. In 2015, the United Kingdom imported some 32,000 tonnes worth $65million.

Coffee exports exceed expectations

Việt Nam’s coffee exports in August reached 2.54 million bags (152,678 tonnes), a growth of 9.2 per cent from July, according to the General Department of Customs’ statistics.

This number is significantly higher than the market’s expectation of 100,000 to 120,000 tonnes, as well as the Government’s estimated 140,000 tonnes.

Việt Nam’s coffee exports from the beginning of the 2015-16 crop has yielded 1.61 billion tonnes, as of today, an increase of 33 per cent compared with the same period last year.

Experts said Việt Nam’s increase in coffee exports in August has contributed to balancing the market in the context of decreasing supply from Brazil, one of the largest coffee producers in the world.

According to the August 2016 monthly exports report by the Brazilian Coffee Exporters Council (Cecafe), the country’s export of Robusta coffee in August had declined by 90 per cent compared with the same period last year to a mere 39,327 60kg bags.

Brazil’s yield of Robusta coffee was severely affected by the drought in the state of Espirito Santo – Brazil’s main Robusta-producing region. Its coffee exports (both Arabica and Robusta) in August reached 2.4 million bags, down by 7.4 per cent from the same period last year.

Nonetheless, compared with July, coffee exports still increased by 46 per cent – the smallest amount in a year.

Nelson Carvalhaes, president of Cecafe, predicted a gradual and sustainable growth recovery for Brazil’s coffee exports. – VNS

Source: http://vietnamnews.vn/economy/

Comments Off on Food corporation faces huge losses

Food corporation faces huge losses

Posted by | September 29, 2016 |

Vietnam Southern Food Corporation Limited (Vinafood 2), one of Vietnam’s two biggest food corporations, has racked up USD47.6 million in losses.

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Vinafood 2 claimed its rice export value sharply dropping , which is partially attributed to the losses

Vinafood 2 has reported its operations to the Ministry of Agriculture and Rural Development, saying that it has faced losses for three consecutive years.

According to the report, the firm made a loss of VND268 billion (USD12.7 million) in 2013 and the figure was VND900 billion in 2014 and VND9 billion in 2015, raising its total losses to roughly VND1 trillion to date.

Regarding the losses, Vinafood 2 claimed it was due to its rice export value sharply dropping to USD546 million in 2015 from USD1.05 billion in 2012, which was attributed to the strong competition from Thailand and India. Vinafood also added that tighter credit policies of some banks had caused difficulties for the firm to access loans.

Meanwhile, its subsidiaries had posted ineffective operations, which was partially responsible for Vinafood’s debt. An Giang Food and Foodstuff Company made a loss of VND18 billion. Other subsidiaries such as Binh Dong flour plant; Dong Thap Food and Foodstuff Company; Bac Lieu Food and Foodstuff Company made losses of tens of billions of VND.

To help deal with the difficulties, Vinafood 2 has asked the government to remove the firm from the list of businesses being closely supervised for ineffective operations so that Vinafood 2 could access loans from banks more easily.

By the end of 2015, Vinafood 2 had incurred a total debt of more than VND7 trillion to banks with the majority being short-term loans.

Vinafood 2 is just one example among a range of Vietnam’s state-owned enterprises which operate ineffectively and have made gigantic losses.

Source: http://english.vietnamnet.vn/

Comments Off on Pouring money into agriculture: a gamble for Vietnamese tycoons

Pouring money into agriculture: a gamble for Vietnamese tycoons

Posted by | September 29, 2016 |

20/09/2016

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VietNamNet Bridge – Though they followed methodical production methods, many Vietnamese tycoons, who have succeeded in their core business fields, have harvested bitter fruit in the agricultural industry.

In 2015, Vingroup, Hoang Anh Gia Lai and Hoa Phat Groups, the three richest Vietnamese stock millionaires, surprised the public when announcing plans to pour money into agricultural production.

Hoang Anh Gia Lai’s owner decided to develop cow farms, while Hoa Phat’s owner makes animal feed and Vingroup is growing clean vegetables.

Other large conglomerates, including TH, Vinamilk (dairy producers) and T&T Group also have injected money into agriculture projects. Local newspapers commented that a new wave of investment in agriculture had started.

However, the movement seems to be fading. This is attributed to the huge debt of VND3 trillion incurred by Hoang Anh Gia Lai, which decided to give up real estate projects to focus on agriculture.

The group’s H1 finance report showed that its payable accounts had reached VND32.995 trillion, which included VND26.683 trillion in loans.

Hoang Anh Gia Lai is not alone. Nguyen Kim, a home appliance distribution chain, after pouring money into food companies in Mekong River Delta, has seen unsatisfactory business results.

Duc Long Gia Lai, another powerful conglomerate, stated that once the maize growing project brings high profit, it would join forces with Vinamilk to develop a project on breeding 80,000 milk cows and 45,000 meat cows. However, the project has remained on paper over the last two years.

Only Vingroup still works with with farmers in many projects. On September 1, Vingroup kicked off a program on supporting agriculture production under which it would invest VND300 billion a year to support 1,000 cooperatives and households to grow clean vegetables, distribute products and develop brands.
The need for high investment because of dependence on weather and the world’s price fluctuations partially explain the unsatisfactory business results of the projects.
This is also why investment capital into agriculture only accounts for one percent of the total investment in the national economy, according to the Ministry of Agriculture and Rural Development (MARD).

Meanwhile, according to the deputy director of MARD’s Planning Department Nguyen Thi Hong, there are two other problems: the small agricultural land fund and outdated technologies.

She said that Vietnam needs to change its thinking about production, especially in the context of influences from nature and climate change. Ninety percent of agricultural enterprises are ‘small’ or ‘tiny’.

There are 16.3 million farming households in Vietnam. It is estimated that each farmer has 1,150 square meters of land for cultivation.

Source: http://english.vietnamnet.vn

Comments Off on Vietnam shrimp sales to US rose

Vietnam shrimp sales to US rose

Posted by | September 29, 2016 |

September 20, 2016

In Jan-Jul 2016, Vietnam shrimp exports to the U.S. reported the continuous growth except for the slight reduction of 1.5% in June; sales in Feb saw the sharpest growth of 52.3% from Feb 2015; sales in Jul saw the highest value in Jan-Jul 2016.

After the reduction in June, Vietnam’s shrimp sales to the U.S. in July rose by 29.4% to US$65.9 million. The figure in Jan-Jul this year reached US$364.8 million, up 16.3% year on year.

The U.S. remained the growth in importing shrimp from Vietnam thanks to its higher demand for shrimp while other suppliers to the U.S. like India, Indonesia, Ecuador, Thailand saw the decline in shrimp production, leading to the rise in export price. Demand for black tiger shrimp from the U.S. rose while the harvest production of this species in India and Indonesia fell. Currently, the restaurants and retailers in the U.S are launching trade promotion program in order to boost domestic consumers’ shrimp consumption.

Raising black tiger imports from Vietnam

In the early 2015, the U.S. tend to raise importing black tiger shrimp from Vietnam. In Jan-May 2015, the proportion of black tiger exported from Vietnam to the U.S. was 24% and 69% for white leg shrimp sales. In Jan-May 2016, the share of black tiger was 27% and 70% for white leg shrimp.

Through June 2016, shrimp imports into the U.S. reached 264,772 MT, worth by US$2.4 billion, down 1% in volume and 8% in value from the same period of last year. Indonesia took the lead with the share of 22.5%; followed by India and Thailand with 21.2% and 13.2%, respectively. Vietnam ranked the fourth with 12.2%.

Out of top 5 largest shrimp suppliers to the U.S.; only Vietnam raised volume of 9% and value of 1% of shrimp exported to the U.S. Shrimp exports from Ecuador to the U.S. reported the sharpest decline of 18% in volume and 17% in value. The U.S. tend to reduce importing from Ecuador and raised importing from Asian suppliers like Vietnam, India, Thailand, China because these suppliers can meet the U.S.’s demand of shrimp skewers with reasonable price.

Forecast

The U.S.’s economy showed many positive signs like lower unemployment rate, low gas price, boosting consumers’ spending. Demand for peeled shrimp of restaurant chains in the U.S. are surging. It is expected that shrimp demand for year-end festivals in the U.S. will continue to rise.

 

Shrimp imports into the U.S., Jan-Jun 2016
Suppliers Volume (MT) Value (thousand US$)
Jan-Jun 2015 Jan-Jun 2016 Variations (%) Jan-Jun 2015 Jan-Jun 2016 Variations (%)
World 268,068 264,772 -1 2,624,109 2,402,108 -8
Indonesia 59,045 58,509 -1 599,237 542,566 -9
India 55,225 54,126 -2 551,291 511,615 -7
Thailand 31,135 33,605 8 339,611 318,627 -6
Vietnam 25,109 27,424 9 292,319 295,160 1
Ecuador 45,065 37,176 -18 341,336 283,263 -17

Source:  seafood.vasep.com.vn

Comments Off on Fierce battle in dairy market anticipated

Fierce battle in dairy market anticipated

Posted by | September 29, 2016 |

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VietNamNet Bridge – The dairy market is expected to become hot as more free trade agreements (FTAs) take effect, bringing more foreign producers to the Vietnamese market.

Analysts say powdered milk is now a playing field for foreign producers, who hold 70 percent of the market share. The liquid milk market segment is led by Vinamilk, a Vietnamese producer which holds 50 percent of market share.

Pham Thi Kim Oanh, director of DFB Hanco Nutrition, said that 3 percent milk material tax cut would have no significance to producers, but 7-10 percent tax cut on finished products will attract foreign firms.

Euromonitor, a market analysis firm, commented that the ‘heat from FTA has caused Vietnamese enterprises to transpire’. The production cost of dairy products in Vietnam is $1.4 per liter, which is higher than $1.2 per liter in New Zealand and Australia. Vietnamese dairy producers would find it difficult to compete with imported products once the import tariff is removed.

Meanwhile, according to Bloomberg, New Zealand’s dairy industry would be able to save $102 million a year once TPP (Trans Pacific Partnership) Agreement takes effect thanks to the tax cuts.

However, analysts think the Vietnamese dairy market, with high annual growth rate of 17 percent in 2011-2015, is large enough for Vietnamese producers to find advantages and compete with imports.

Increasing the investments in liquid dairy products is the choice of the majority of Vietnamese producers, who dare not enter the powdered milk market segment as it is impossible to overthrow foreign producers.

Analysts commented that fresh milk is the ‘cure-all’ for Vietnamese enterprises.

Vietnamese enterprises still have reason to be optimistic. The prospects of the dairy industry in Vietnam are bright because of the high population, increasingly high income per capita and improved living standards.

Analysts estimated that the industry would see an annual growth rate of 9 percent in the time to come with average consumption level of 27-28 liters per head per annum by 2020.

Since liquid products are the only ‘weapon’ for Vietnamese enterprises, they have been trying their best to develop herds of milk cows. Most dairy producers now develop farming to take initiative in the material supply.

However, dairy producers have been warned about risks with their current farming model. Some agricultural experts from Israel said that the farming method followed in Vietnam (breeding in cages) may increase farming costs by four times more than grazing.

In Vietnam, fresh raw material milk is collected for VND13,000 per liter on average. The price is just VND8,000 in Australia, New Zealand and Ireland.

Comments Off on Australia considers import of Vietnam fresh shrimp

Australia considers import of Vietnam fresh shrimp

Posted by | September 29, 2016 |

VNA Wednesday, September 14, 2016

Processing shrimps for exports (Photo: VNA)

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Sydney (VNA) – Australia is willing to consider the import of fresh shrim
p from Vietnam, which is expected to start in early 2017.
The Australian Department of Agriculture and Water Resources expressed the willingness at a working session with Vietnamese Deputy Minister of Agriculture and Rural Development Vu Van Tam during his working visit to Australia from September 8-10.
This constitutes a brilliant opportunity for the shrimp sector as shrimp is consumed most among seafood products in Australia with up to 50,000-60,000 tonnes per year.
As such, Australia must import an average of 30,000 tonnes of shrimp each year. However, strict regulations, especially those on disease control and biological safety, make it difficult for Vietnamese shrimp to enter the market.
Director of Animal Health Department under the Ministry of Agriculture and Rural Development Pham Van Dong said the department has built an action plan on disease control in order to ensure no disease-plagued shrimp is present in Australia.
In recent year, seafood diseases have been put under control thanks to the Government’s investment in human resources and testing equipment, he said, adding that Vietnam is capable of meeting Australia’s requirements on fresh shrimp exports.
Deputy Managing Director of the Vietnam – Australia Group Dang Quoc Tuan stressed the importance of ensuring biological safety in the production value chain to trace the origin of the product.

Therefore, the group has cooperated with leading national and global universities and institutes to establish the Standard Operating Procedure (SOP) to ensure maximum biological safety, he said, adding that the post-examination procedure also receives special attention.

To satisfy the Australian market’s requirements, businesses need appropriate investment and professional management to develop a national brand name for Vietnamese shrimp, thus promoting its value, he suggested.
The Vietnam-Australia Group also pays heed to controlling diseases in separate stages of production while conducting daily, weekly and monthly inspections, he noted.
He expressed his confidence that the group will have an opportunity to export fresh shrimp to Australia in the coming time after Australian competent agencies come to Vietnam for evaluation and testing in the fourth quarter of 2016.
Australia is ranking fourth among countries with high demand for shrimp imports from Vietnam, he said.
That Vietnam could become the first exporter of fresh shrimp to Australia will help businesses increase exports to other markets as Australia is one of the countries with high requirements on biological safety as well as food hygiene and safety, he added.-VNA

 

Source: http://en.vietnamplus.vn

Comments Off on Agricultural Vietnam relies on imports to feed livestock sector

Agricultural Vietnam relies on imports to feed livestock sector

Posted by | September 29, 2016 |

September 6, 2016

“Vietnam is an agricultural nation, but feed for pigs and chickens must be imported.”

During the first seven months of this year, Vietnam spent $1.8 billion on animal feed imports, the equivalent of 40 percent of the country’s revenue from rice exports, data from Vietnam Customs showed. That figure hit $2 billion in August, and shows no signs of slowing. The United States Department of Agriculture (USAD) forecasts that nearly half of Vietnam’s animal feed will be imported this year.

In recent years, approximately 45 percent of Vietnam’s demand for animal feed has been met by imports of soybean meal, corn and wheat. Local sources mostly provide bran rice and cassava.

“Vietnam is an agricultural nation, but feed for pigs and chickens must be imported,” said Le Ba Lich, chairman of the Vietnam Breeding Association..

Most of Vietnam’s imported animal feed comes from Argentina, accounting for 45 percent of the total value, followed by China and the U.S.

Vietnam has been looking to expand its corn and soybean plantations to minimize its reliance on imports since 2015. In March 2015, the country’s Ministry of Agriculture and Rural Development approved three genetically modified corn varieties for commercial planting, which were then planted a month later, making Vietnam the 29th country in the world to commercialize a biotech crop. However, local corn production still faces challenges from competitive prices offered by India, Argentina and Brazil.

Experts said that Vietnam does not have the best conditions for cultivating animal feed crops like corn, wheat and soybean, and emphasized that Vietnam’s livestock sector is facing many challenges due to market competition in the context of international integration.

Source: www.talkvietnam.com

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