Zhongpin's new facility starts operations
[7 January 2009] Zhongpin commenced production at its new chilled and frozen pork facility in Yongcheng City, eastern Henan Province on January 3. This has allowed the company to increase its annual production capacity for chilled and frozen pork to 498,760 tonnes. Zongpin invested approximately USD 17 million in this facility which has a total annual production capacity of 80,000 tonnes. Approximately 75% of the facility's production capacity is dedicated to the production of chilled pork and 25% to the production of frozen pork. Zhongpin expects the new facility to achieve an over 60% utilization rate by the second quarter of 2009.
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China's agriculture insurance sees triple-digit growth
[7 January 2009] China's agriculture insurance income soared 112% to CNY 10.54 billion (USD 1.54 billion) as of November last year, according to China Insurance Regulatory Commission (CIRC). CIRC Chairman Wu Dingfu said China will further develop agricultural insurance in 2009, which was extended to 16 provinces last year and the crop insurance will be exxtended to all major producing regions this year.
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Myanmar to export corn to China
[7 January 2009] Myanmar will export 200,000 tonnes of corn to China in the 2009/2010 financial year according to a deal made at a recent meeting of the Myanmar-China Border Trade Joint Committee. China-Myanmar bilateral trade rose 40% from USD 1.46 billion in 2006 to USD2.057 billion in 2007. The bilateral trade in the first 11 months of 2008 stood at USD 2.038 billion USD, up 30.3%.
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Grain output rises in Vietnam
[7 January 2009] Vietnam's total grain output rose 7.5% in 2008 to 43.16 million metric tonnes, said the government of Vietnam. Of the total, the country's unhusked rice output rose 7.5% to a record 38.6 million tonnes. Vietnam earned USD 6.2 billion from exporting agricultural products and seafood in the year, up 22.7% on year. Vietnam targets to export 4 million tons of foodgrains in 2009.
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Indonesia to achieve meat self-sufficiency in 2015
[6 January 2009] The Indonesian Farmers Association has predicted that Indonesia will only be able to achieve meat self-sufficiency in 2015, instead of 2010 as the government has targeted.Chairman of the association’s advisory council Siswono Yudhohusodo said from 2002-2006 the average increase in meat imports was recorded at 26.65% per annum while that of innards reached 111.8%. Mr Siswono said that in 2002 Indonesia’s beef imports were only 11,474 tonnes but in 2006 it reached 25,949 tonnes while that of innards were respectively recorded at 80.8 tonnes and 470.6 tonnes.
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Live bird price hike in India
[6 January 2009] The live bird price remained high in South India in the last week of December as producers cut back parent stock and broiler placements. The live bird price was quoted at INR 56-58/kg (USD 1.2-1.26), while the production cost ranged from INR 39-42/kg (USD 0.85-0.91). High production cost of broilers was also a result of soybean meal prices that went up to INR 16,000/tonne (USD 347.

. Corn price however, dropped by 15% from December's average to INR 7650-7700/tonne (USD 166.3-167.4) in the last week of the month.
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Vietnam needs better plan for agriculture
[6 January 2009] Vietnam’s Prime Minister Nguyen Tan Dung has instructed the country’s agriculture sector to improve forecasts and use statistics to boost production and exports of agricultural products in 2009. He said 2009 will be harsh for Vietnam’s agriculture sector. The premier praised the agriculture sector for its remarkable growth in 2008, despite difficulties brought on by rising input costs and bad weather conditions.
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Cheaper chicken for lunar new year
[6 January 2009] A glut in the market will ensure that Malaysian consumers are able to buy chicken at between MYR 6.50 - 7.50 (USD 1.80- 2.08) per kilo right up to the lunar New Year celebration. The 10-15% excess has been attributed to lower demand from restaurants, hawkers and consumers.
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Beijing Huadu’s cooked chicken exports grow
[5 January 2009] Despite the global financial crisis, cooked chicken meat exports from Beijing Huadu Group, one of China’s top broiler integrators, rose 40% for the fourth quarter last year to 5000 tonnes. Beijing Huadu General Manager Mr She Feng attributed the growth to the efforts in traceability and food safety. The actual slaughter capacity during the fourth quarter remained at 100,000 chickens with the operation of its newly established processing plant in Hebei province. The group exported about 10,000 tonnes of cooked chicken meat in 2007, mainly to Japan, Korea and Central Asia.
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CPI predicts good revenue for 2008
[5 January 2009] Charoen Pokphand Indonesia (CPI) predicts that its net profits will grow by more than two fold on the back of more sales and higher selling prices in 2008.The company was confident that it would book IDR 450 billion (USD 47.52 million) in net profits, up from IDR 187 billion (USD 16.8 million) last year.Another factor that is likely to boost net profits was the higher prices for animal feed and for day-old chicks this year, as well as cost efficiency.
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China exports rabbit meat to Korea
[5 January 2009] South Korea’s Ministry for Food, Agriculture, Forestry and Fisheries recently approved the Shandong-based Haida Foods as the first qualified rabbit meat exporter to Korea. Haida Foods has a total slaughter capacity of 18 million rabbits per year and used to export 40% of its whole rabbit meat to the EU and it now exports mainly boneless rabbit meat to South Korea.
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Kedah to venture into meat trade
[5 January 2009] Malaysia's Kedah Corporation hopes to venture into the meat trading business in Australia, starting with the export of Halal beef throughout Southeast Asia, with particular interest in Indonesia. The Corporation has a client in Indonesia, who needs 200 tonnes of fresh beef a day from Australia.Industry insiders say the sovereign funds of Asia are strong but the meat trade is a tough trade.
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Vietnam moves ducks into shed
[2 January 2009] Vietnam is supporting owners of free range ducks in the Mekong Delta to raise them in closed farms to improve biosecurity and prevent them from the bird flu. Livestock authorities in An Giang said the province has over 2.2 million ducks, 13% of which is farmed in sheds. An Giang aims to increase the number of farmed ducks to 50% by the end of 2008. The Ministry of Agriculture and Rural Development said the delta used to have 18-20 million ducks in its 10 provinces and most of them are raised in the open and feed on rice left-over from the paddy fields. But since the bird flu hit Vietnam in 2004, the ministry reported that over 10 million ducks in the Mekong Delta were killed by the disease or culled to contain the outbreak.