China Premier Li Keqiang earlier this week signed two agreements with Romanian to import 500,000 cattle and three million pigs from Romania over the next few years. On a visit to Bucharest, Premier Li Keqiang said China also wanted to import sheep and possibly other food produce.”We can buy all you can deliver,” Li said after talks with Romanian counterpart Victor Ponta. Fast-paced urbanisation and development of a middle class have radically changed the Chinese diet, with meat increasingly replacing or complementing rice and vegetables.

The first group cattle will be shipped to China around January, 2014. And also Romanian official said that their country’s husbandry can’t satisfy China’s need, now submit proposal to China to set up joint venture farms.

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

Source:  http://www.21food.cn/html/news/39/1092544.htm

In the South of Vietnam, the price of live pig reach VND 50,000 per kg, a VND 1,000-2,000 per kg increasing compared with the previous week and this is the highest price from the beginning of the year. With this price, the closed farms profit VND 10,000 per kg, equivalent of VND 1 million/finisher pig (100kg).
In contrast with the pig, the poultry farmers is continuing unprofitable in the long time. In 15th Dec., the price of egg increase VND 50 per egg to VND 1,550 per egg, but the farmers still loss VND 50 per egg. The price of chicken (white feathers chicken) was deeply decreasing, averaging VND 24000-25000 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 emailmichael@boddingtonconsulting.comThis email address is being protected from spambots. You need JavaScript enabled to view it.

Source:  http://m.tuoitre.vn/tin-tuc/Kinh-te/Kinh-te/212588,Gia-heo-hoi-cao-nhat-trong-nam.ttm

According to MOA’s 4000 monitoring points shows that live pig stock increased by 0.2% compared with October, an increase of 0.7% year on year. Sows stock decreased by 0.5% compared with October, a decrease of 2.3% year on year. This year the number of live pigs has been gradually increased from the March beginning and declined slightly for nearly three months.

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

Source:  http://www.chinabreed.com/pig/develop/2013/12/20131217614875.shtml

CJ Vina, a major Korean feed miller and breeder in Vietnam, has started to sell commercial poultry. “This month we sold 500,000 birds,” Kieu Trong Nhan of CJ Vina told Asian Agribiz. The company started selling broiler in June. CJ Vina’s entry to the broiler business has worried other players as the already-low price situation will worsen with the hike in supply. “This is a hard time for us with the entry of new big players,” said Au Long Thanh, Director of Duy Cuong Livestock Company, which also produces about 500,000 chickens per month. Thanh told Asian Agribiz that with the current price of USD 1.13/kg, he is losing USD 0.23 for every kilo of chicken sold. CJ Vina has plans to expand its broiler operations in southern Vietnam and will start broiler farms in the north. It is reportedly in discussions with Green Feed, one of the top five feed millers in Vietnam, to start a venture that will create a full integration in Vietnam.

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

source: http://www.asian-agribiz.com/display.aspx?PageID=0&MemberID=0&screenheight=900&screenwidth=1600#

Korean beef imports during October totaled 27,795 tons (up 12% year-on-year), assisted by improved imports of both chilled beef, at 3,528 tones (up 11%) and frozen beef, at 24,267 tons (up 13%) (on a customs cleared basis, Korean International Trade Association).
Imports from Australia during October were up 7% year-on-year, at 14,466 tons. This comprised of a 4% increase in chilled product, to 2,625 tons and an 8% rise in frozen beef, at 11,842 tons. Imports from the US during October increased to 10,806 tons (up 28% year-on-year) – the highest volume since January 2013. The volume of US chilled beef lifted 36% year-on-year, to 900 tons , with frozen product lifting 27%, at 9,907 tons.
While Australia’s market share during October was down 3% year-on-year, at 52%, Australia held 54% of the Korea’s imported beef market share for the year-to-October. In contrast, US market share during the first ten months of this year was 35% – down 2% year-on-year.
Short rib imports during October was up 7% year-on-year, at 9,843 tons, primarily assisted by a substantial (26%) year-on-year increase in supplies from the US, at 6,908 tons – the largest quantity since August 2010 (on a customs cleared basis, Quarantine and Inspection Agency). However, the total volume of US short rib imported for the first ten months are 9% lower than the corresponding period last year, at 48,356 tons.
With a greater volume of US short rib imported by Korea during October, the monthly volume of Australian short rib was down 9% year-on-year, at 2,433 tons. In contrast, imports of Australian chuck roll reached a record volume, at 4,042 tons, supplying 82% of Koreas chuck roll imports for October. Along with chuck roll, imports of Australian brisket registered the second highest volumes, at 2,148 tons, which represented 79% of total imports.
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

Source:  http://www.mla.com.au/Prices-and-markets/Market-news/Korean-beef-imports-improve-during-October