The decline in live pig prices limited Shuanghui development
After the Shuanghui Development fell 5% in 24th Oct, the stock price intraday limited in 27th Oct. According to the report in the last half year, Shuanghui development occupies 30% in Wanzhou International business Company, and therefore Wanzhou International Company also has been dragged down. Stock prices washings fell 14% to a new low price.
According to the third season`s report about Shuanghui development, revenue of the third season is 12.111 billion Yuan, fell 0.69% year on year; Net profit is 9.65 million Yuan, fell 15.68%. 1-3 season`s revenue is 33.1 billion Yuan, increase 2%; Net profit is 31.6 billion, increase 11.5%. One of the important reasons for Wanzhou International shares fell is poor performance in the three seasons, and had a large gap between the industry’s growth expectations, or as the initiator of this Shuanghui Development.
ShuangHui development performance was remarkable in last half year,
Why crashed out in the third season? Some peoples think that the three seasons live pig prices down, cause Shuanghui performance as expected. On live pig prices, the pork price in the first half year, especially in the second season, not as good as the third season. Why second-season net profit increase up to 17%? Therefore, JingShu believes that live pig prices down is the main reason of ShuangHui development limited.
Michael Boddington from Asian Agribusiness Recruitment Training Development (AARTD) has been involved in agribusiness in Asia since 2000. AARTD has offices both in Vietnam, Ho Chi Minh City and China Beijing. AARTD has a thorough understanding of the Vietnam and China agribusiness 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
Source: http://www.feedtrade.com.cn/news/review/2014-10-27/2020336
China’s largest Baijiu company-Wuliangye Group enter the animal feed industry Cooperative with NewHope LiuHe
US “Forbes” website biweekly 21th October article, the original title: to feed China, first feed the animals. China’s largest Baijiu Company – Wuliangye Group made an unusual move – to enter the animal feed industry. Of course, the cattle will not drink Wuliangye. Wuliangye Group wants to scrap the distilled grain, make a commercially viable, high-protein feed.
National liquor brands enter the animal feed industry that could create a small programs for solution to China’s food safety problems, China need feed 1.3 billion people, but the first thing to do is to feed the animals which produce meat and milk. China’s pork and fish production respectively accounted for 50% and 70% of the world. Animals feed industry is very important for livestock and aquaculture crucial support.
What is the relationship between all of this and Wuliangye enter the feed industry? “NewHope LiuHe” cooperates with animal feed producers and comprehensive agribusiness-Wuliangye, occurred in China revalued its dependence on foreign animal feed imports time. In the United States, dried distillers grains accounted for 10% -30% of livestock or fish feed, while China hasn`t achieve the industrial production of dried distiller grains. China is the world’s largest importer of distillers dried grains, 2013 to buy about half of world trade dried distillers grains, was 28% in 2012.
Michael Boddington from Asian Agribusiness Recruitment Training Development (AARTD) has been involved in agribusiness in Asia since 2000. AARTD has offices both in Vietnam, Ho Chi Minh City and China Beijing. AARTD has a thorough understanding of the Vietnam and China agribusiness industry, 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
Source: http://www.feedtrade.com.cn/news/enterprise/2014-10-23/2020281.htm
Huishan Dairy and FrieslandCampina enter into first Chinese infant milk formula joint venture
China Huishan Dairy Holdings Company Limited (‘Huishan Dairy’) and Royal Friesland Campina N.V. (FrieslandCampina) have entered into a joint venture with the purpose of operating a fully integrated infant milk formula supply chain in the People’s Republic of China. The agreement, which follows talks held in May, was signed by the companies’ two CEOs: Yang Kai of Huishan Dairy and Cees ‘t Hart of FrieslandCampina. This joint venture is the first between a Chinese and a foreign dairy company that will locally manufacture, market and distribute infant milk formula. Both companies will own 50 percent of the shares in the joint venture while continuing to operate their existing infant formula businesses separately. As such, Huishan will carry on marketing its own brands and FrieslandCampina’s Friso brand will continue to be exclusively produced in the Netherlands and imported and marketed by FrieslandCampina in China.
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
Source: http://www.frieslandcampina.com/english/news-and-press/news/press-releases/2014-10-08-huishan-dairy-and-frieslandcampina-enter-into-joint-venture.aspx
COFCO expanding raw materials trade cooperating with WENS, TWINS GROAP
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
Beijing Sanyuan Dairy announces fundraising scheme
Chinese dairy firm Beijing Sanyuan Foods Co.,Ltd announced a private placement plan to raise CNY 4 billion ($645 million), the company said in a filing to the Shanghai Stock Exchange on Monday. The company will issue no more than 613 million shares at a price of CNY 6.53 per share to key strategic investors including Beijing Capital Agribusiness Group and two Shanghai-based investment management firms. However, Some industry expert analyzed that part of the capital may used for mergers and acquisition.
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://finance.people.com.cn/stock/n/2014/0304/c222942-24522580.html
Exports to Australia growing in 2014
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
De Heus builds new feed mill at Vinh Phuc province
De Heus Vietnam company held a ceremony to start the construction of feed mill in Binh Xuyen Industrial Park on March 3rd 2013. The area of new feedmill is 4.8 ha, a total investment of USD 30 million. This plant will produce animal feed for pigs, poultry, cow and aqua with a capacity of 150,000 tons/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 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 michael@boddingtonconsulting.com
http://baovinhphuc.com.vn/thoi-su/11105/khoi-cong-xay-dung-nha-may-thuc-an-chan-nuoi-tai-vinh-phuc.html
Shrimp exports aim for USD 2.55 billion in Mekong Delta
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
Vietnam’s buffalo cattle imports from Australia
The first shipment with 600 buffalo cattle will depart from Australia to Vietnam next week.
According to ABC News, in the North of Australia is expected export 60,000 buffalo cattle to Vietnam each year.
http://www.thesaigontimes.vn/Home/kinhdoanh/xuatnhapkhau/109605/Sau-bo-den-luot-trau-Uc-vao-Viet-Nam.html
Situation of Vietnam seafood in January and target of year 2014
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
