China Mengniu Dairy Company Limited invested 360 million RMB to YST Dairy Farm Limited to solve raw mil
Following the cooperation between Yili Group & Huishan Dairy, Mengniu Dairy announced their plans to invest in YST shares with a total value of 60 million USD.
According to the prospectus of YST Dairy Farm, beginning from the end of June 2013, the group currently owns and operates two oversize pastures as well as two large scale pastures with a breeding stock capacity of 38,788 cattle; while as of the end of 2012, the Group began running a total of four pastures feeding 37,000 cows and producing 460 tons of raw milk. The group’s average annual milk production of dairy cows per head amounted to 8.9 tons, 62% higher than average of the industry.
On the 13th of November, Yili Group and Italy’s largest milk producers (Sterilgarda Alimenti S.P.A) officially announced that they reached a strategic cooperation in Shanghai. Now, Mengniu Dairy also has new plans of expansion with experts from the industry claiming those moves will solve the raw milk shortage situation in Chinese markets.
According to the data from the Ministry of Agriculture, during the first three weeks of October, the price of raw milk from the top 10 major producing provinces continue to rise at a small increment, the average price arising at 3.77 RMB/kg, rose 14.23% comparing with the same period of last month.
Source: http://www.aastocks.com/sc/stocks/analysis/china-hot-topic-content.aspx?id=200000283860&type=21&catg=3
Vietnam to boost waterfowl sector
Vietnam plans to increase the meat output of waterfowl by 8-10% a year in coming years, said the Animal Husbandry Department. The waterfowl sector, which breeds mostly ducks, also targets the volume of waterfowl bred by industrial farming to reach 50% by 2015 and 65% by 2020. The country produces 280,000 tonnes of ducks and more than 2 billion duck eggs a year. Nguyen Van Trong, Deputy Head of the department under the Ministry of Agriculture and Rural Development (MARD), said the selection and development of breed stocks would be improved. MARD now manages waterfowl purebred stocks and grandparent breed stocks, he said. These are bred at the Hanoi-based Dai Xuyen Duck Research Centre, the Binh Duong Province-based Ben Cat Duck Centre and the Hai Duong Province-based Cam Binh Duck Centre.
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://asian-agribiz.com/display.aspx?PageID=0&MemberID=0&screenheight=900&screenwidth=1600#
Strong growth for Vietnam’s agribusiness sector
Vietnam’s agribusiness sector is expected to experience strong growth, with output increasing more than 10% between 2013 and 2017. Promising segments include rice, poultry and pork, and the dairy industry. “The livestock sector is benefiting from ongoing industrialization in the feed industry,” revealed the report from the Business Monitor. The Vietnamese government is calling for foreign investment in agriculture, which currently accounts for about 1-3% of the country’s FDI.
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.vietlinh.com.vn/library/news/farmer_agriculture_rural_news_show.asp?ID=3325
Vinamilk’s Dairy farm has achieved the ISO 9001:2008 standard
Bureau Veritas (France) has achieved certification to ISO 9001:2008 for two dairy farms of Vinamilk in the provinces of Tuyen Quang and Nghe An. That makes Vinamilk one of the first companies in the Vietnam dairy industry to successfully apply the quality management system ISO 9001:2008. Vinamilk is now continuing to apply to other international standards in dairy farming activities such as Global GAP, ISO 22000 and HACCP to further improve its quality standards.
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 michael@boddingtonconsulting.com
http://vtc.vn/1-461388/kinh-te/trang-trai-chan-nuoi-bo-sua-cua-vinamilk-dat-chuan-iso-90012008.htm
China’s countrywide Agricultural Trade Markets of livestock and feed prices list
News from the Ministry of Agriculture: based on sentinel surveillance of 480 agricultural trade markets during the first week of November, the prices of livestock products and feed were recently listed:
The average price of hogs nationwide is 15.70 RMB/kg, the national piglet average price is 26.87 RMB/kg, and the national average pork price is 25.07 RMB/kg;
The average price of eggs nationwide is 9.96 RMB/kg, the national average price of chickens is 17.18 RMB/kg, stripped feather off chicken average price is 17.40 RMB/kg; the average price of an egg chick is 2.99 RMB, and the average price for a meat chick is 2.56 RMB;
The average price of beef nationwide is 61.25 RMB/kg, and the mutton national average price is 64.18 RMB/ kg;
The average raw milk price of the 10 main dairy provinces including Inner Mongolia, Hebei ,etc, is 3.93 RMB/kg;
The average price of corn feed nationwide is 2.43 RMB/kg, the national average price of soybean meal is 4.52 RMB/kg, fattening pigs feed average price is 3.36 RMB/kg, and broiler chicken feed average price is 3.45 RMB/kg while tha average layer chicken feed price is 3.17 RMB/kg.
Source: http://gsnmb.gansudaily.com.cn/system/2013/11/23/014775592.shtml
Northern Vietnam: Volatile hog price “fever” due to increased Chinese purchases
Over this week, the prices of hog in Northern Vietnam increased from VND 45,000 to VND 50,000 per kg, while the price of good pigs reached VND 52,000 per kg. According to farmers, the cause of this price “fever” is due to increased Chinese imports of pigs along with a more favorable domestic consumption. According to the traders, Chinese will continue to import pigs from now until the Chinese New Year.
Source: http://heo.com.vn/?x/=newsdetail&n=4500&/c/=48&/g/=1&/22/11/2013/cac-tinh-mien-bac–gia-lon-%E2%80%9Csot%E2%80%9D-vi-trung-quoc-tang-mua–north-vietnam–volatile-hog-price-fever-because-chinese–increase-buy.html
Vietnam’s shrimp price reaches record number
Vietnam fisheries authority stated recently the country’s shrimp production farms affected by EMS have been reduced by 80% compared to the area affected last year. The country reported nearly 5700 hectares affected by EMS. Meanwhile, local shrimp prices have increased significantly, by 150% year-on-year in some provinces. In Long An, one of the main shrimp production center in Vietnam, white leg stands at USD 7.9 for 60-70 prawns/ Kg and black tiger at USD 12.4 for 40-50 prawns/ Kg. Vietnam’s revenue from shrimp exports has reached about USD 2.4 billion so far this year, a 30% year-on-year increase. It is expected to exceed USD 2.8 billion in 2013.
http://baodientu.chinhphu.vn/Thi-truong/Gia-tom-tang-ba-con-thang-lon/186311.vgp
Meiji Co. to sell local milk and yogurt in China starting in December
Japanese confectioner and dairy products maker, Meiji Co., will sell locally produced pasteurized milk and yogurt in China beginning in December, following its recent baby formula pullback from the Chinese market. It is the first time that a foreign dairy company will mass-produce pasteurized milk and yogurt for the Chinese market. According to China Business News, the company will purchase milk from a farm in Hebei province and process it in Suzhou, Jiangsu province. Meiji does not plan to establish a dairy farm in China. Meiji-branded pasteurized milk and yogurt will be priced higher than similar domestic products.
Source: : http://www.aastocks.com/sc/stocks/analysis/china-hot-topic-content.aspx?id=200000283860&type=21&catg=3
Shrimp price continued to soar in Vietnam
In the mid November 2013, in Ca Mau province, the price of black tiger shrimp sized 20 pieces per kilogram was VND 290,000 per kg, up VND 10,000 per kg over the previous week. Shrimp with size 30 pcs/kg was priced at VND230,000 per kg (up VND5,000/kg) and VND205,000/kg for size of 40 pcs (up VND10,000/kg).
The price of white shrimp was on the upward trend in all sizes. The price of shrimp count 100 pcs/kg was up VND10,000 to VND125,000/kg. VND142,000/kg was for size 90 pcs/kg (up VND9,000); VND159,000/kg for size 80 pcs (up VND15,000); VND165,000/kg for size 70 pcs (up VND11,000) and VND172,000/kg for size 60 pcs (up VND14,000).
http://www.seafood.vasep.com.vn/Daily-News/51_8650/Shrimp-price-continued-to-soar.htm
Meat imports win a vantage position in Vietnam market
According to the Department of Animal Health, from the beginning of 2013 to now, Vietnam imported about 81,000 tons of meat cattle and poultry. Expected by 2013, the total meat imports will gain 90,000 tons. Including, the poultry imports account for 70%, equivalent to 57,000 tons; the total cattle imports estimate about 151,611 cows this year. The Vietnamese consumers prefer foreign meat than domestic meat because the prices are equal or cheaper than domestic meat while higher quality. The current situation is a big challenge for Vietnam’s livestock industry.
http://vietnamnet.vn/vn/kinh-te/150946/thit-ngoai-lan-thit-noi.html
