Recently, COFCO signed agreements with WENS and TWINS GRAOP about supplying the raw material.

Currently, COFCO, the largest supplier of diversified products and services in the agricultural products and food industry in China, the annual sales of feed raw materials reached 22 million tons. Import feed ingredients are: corn, rice products, wheat products, oilseed products, lysine, DDGS, protein powder, protein feed (fish meal), germ meal, feed meal and so on.

Currently feed ingredient costs more than 70% of operating costs, feed raw material procurement become a top priority. The quality of feed ingredients is also very important. WENS as the leader of livestock farming, feed production reached 8,000,000 tons. TWINS GROAP as first corporate of pig feed industry; Feed production reached 8.5 million tons. Cooperating with WENS and TWINS GROAP, COFCO furthered expand their e raw materials market trade. The WENS and TWINS GROAP also can acquire more high-quality, low-cost feed ingredients after this cooperation.

Michael Boddington from Asian Agribusiness Recruitment Training Development (AARTD) has been involved in agribusiness in Asia since 2000. AARTD has office both in Vietnam Ho Chi Minh City and China Beijing. So AARTD 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: michael@boddingtonconsulting.com

Sourse:http://feed.aweb.com.cn/20141010/655806.html

According to General Department of Viet Nam Customs, the country’s goods exports to Australia in January 2014 reached USD 294.47 million, up 4.1% from the previous month and 24.1% from the same period of 2013. Seafood exports to the market hit USD 19.58 million, up 31.5% year on 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  michael@boddingtonconsulting.com

 http://www.seafood.vasep.com.vn/Daily-News/378_9191/Exports-to-Australia-growing-in-2014.htm

In 2014, Mekong Delta provinces target to raise shrimp export turnover, mainly black tiger shrimp, to USD 2.55 billion, USD 50 million higher than that of last year. Ca Mau province may take the lead in shrimp exports with project revenue of USD 1.1 billion in 2014.

To fulfill the target, Mekong Delta provinces are using 596,000 hectares of water surface for shrimp breeding; 580,000 hectares of which are used for black tiger shrimp farming and the rest is for whiteleg shrimp and giant freshwater prawn production. The coastal provinces of Ca Mau, Bac Lieu, Kien Giang, Soc Trang and Tra Vinh are Mekong Delta’s farming hubs with total area of 478,000 hectares.

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  michael@boddingtonconsulting.com

 http://www.seafood.vasep.com.vn/Daily-News/378_9213/Mekong-Delta-Shrimp-exports-aim-for-US255-billion.htm

In January, 2014, Vietnam seafood exports were USD552 million, increased by 13.9% year-on-year. The target of USD6.7 billion Vietnam seafood exports will expect achievement.

Currently, the price of black tiger shrimp has reached VND300, 000 per kilogram (type 30 pieces per kilogram), the price of whiteleg shrimp has reached VND170, 000 per kilogram (type 60 pieces per kilogram).

According to General Secretary of Vietnam Association of Seafood Exporters and Producers (VASEP), Mr. Truong Dinh Hoe, while the Vietnam shrimp exports had reached USD3.1 billion in 2013 and will expect to keep in sales in 2014, the Vietnam Tra catfish exports will estimate USD1.6 billion, decrease by 5% year-on-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 michael@boddingtonconsulting.com

 http://www.sggp.org.vn/kinhte/2014/2/339488/

The heat of merger and acquisition activity in the domestic dairy industry is expected to reach its peak in May, with time ticking for smaller and medium-sized enterprises to find buyers, an industry insider has observed. Industry analyst Song Liang estimates that China’s dairy industry will be further consolidated by this spring.

Since 2014’s start, large dairy companies already have taken action. Leng Youbin, chairman of Feihe Dairy, a subsidiary of Feihe International, said it’s time domestic infant formula companies merged. And on Jan 14, Feihe announced it would acquire Jilin Alfbeta Dairy Co Ltd.
After the acquisition, Alfbeta will keep its independent management in infant and children dairy formula distribution. Unique locations in Northeast China and advantages in dairy sources and distribution channels were said to be incentives for Feihe to make the acquisition.
Moreover, the move will facilitate Feihe’s goal to further explore the southern market to increase market share, according to the company.

In December, Biostime International Holdings Ltd, a pediatric nutrition and baby care products provider in China, announced its acquisition of Changsha Yingke Nutrition Products Co Ltd for 350 million yuan ($57.3 million). The Changsha company is engaged in the manufacture of infant formula products. The acquisition will expand Biostime’s production capacity for its new ADIMIL milk powder brand, which targets the high-end markets in fourth- and fifth-tier cities for business growth, according to Biostime. The acquisition of Changsha Yingke, to be earmarked for the production of ADIMIL, will boost annual infant formula milk powder production capacity by 30,000 tons to 50,000 tons, said Biostime. The move reflects Biostime’s “going back” strategy, said Song.

Though the company has grown its business by utilizing foreign milk sources, it is reportedly eager to become more localized and to partner with domestic producers. Analyst Song said the ball is now in the court of buyer companies. Small and medium-sized companies that raised prices last year may find themselves being left behind if they haven’t secured a buyer, he said. Companies with production permits and good dairy resources are being sought out. Song said that after this round of mergers and acquisitions, as well as the consolidation of manufacturing plants, product quality will greatly improve. Last year, the Ministry of Industry and Information Technology announced it would foster the growth of large dairy companies over the next two years and aims to cultivate 10 enterprises each with an annual sales revenue exceeding CNY 2 billion.

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 michael@boddingtonconsulting.com

 http://www.dac.com.cn/html/gndt-14012210062732015279.jhtm