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Recently, Shanghai Pengxi signed an agreement with Anhui province. In the agreement, Pengxi pledges to invest RMB one billion to construct 40 high quality ranches. According to the agreement, the total investment will reach RMB 30 billion over the next five years. These projects will include feed processing, breeding, dairy processing, waste recycling and other industrial areas.

Several days ago, a shipment of New Zealand frozen beef weighing 11.9 tons successfully arrived in cold storage, where it was promptly examined by Ningbo Inspection and Quarantine. This is the first time New Zealand beef as been imported into China since the State General Administration of Quality Supervision, Inspection and Quarantine signed a bilateral agreement with the New Zealand Food Safety Authority. The date of arrival is said to be less 18 months following the castration of the cattle. In order to keep the meat tender, it will be kept in cold storage from import until sale.

Pakistan achieving prominence in seafood exports

The 2012 Chinese Grassland Industry Conference was held in Beijing on July 7

th . According to the conference, every year the government will invest RMB 500 million to set up approximately 34,000 hectares of alfalfa

www.allaboutfeed.net/news/betagro-to-invest-in-neighbouring-countries-1302

http://www.boyar.cn

2012 is expected to be a good year for pork in China. The pig inventory is expected to rise, and prices will drop slightly. Although this may result in earnings being slightly lower than 2011, they are still expected to exceed 2010, and profitability in the industry should remain good. Michael Boddington of Asian Agribusiness Consulting believes slightly lower pork prices will help drive the pork market forward with more affordable prices.

http://cn.linkedin.com/pub/michael-boddington/4/174/a80

http://www.dac.org.cn/view.php?articleid=1687385&sortid=61

China’s dairy industry is recovering from the 2008 with strong consolidation. The market is seen as having strong potential, with only 30kg of milk consumed per capita. This is quite low when compared to the world per capita consumption of 89kg, and the U.S.A’s per capita of 215kg.

China's 12th five year animal husbandry development plan proposes that by 2015 there will be 50 million tons of milk production per annum, with each cow producing at last 5.5 tonnes, with further integration and standardised management of the industry. Michael Boddington of Asian Agribusiness Consulting notes that this drive of the Chinese governments will strengthen growth, as well as increase opportunities within this rapidly consolidating industry.

http://cn.linkedin.com/pub/michael-boddington/4/174/a80

www.thefinancialexpress-bd.com
Foreign companies operating in the country's poultry sub-sector have emerged as tough competitors for their local counterparts riding on better banking and other benefits, industry people claimed. The entry of some nine foreign companies in Bangladesh has forced the local small, medium and large poultry enterprises into uneven competition.

Local poultry enterprises have urged the government not to allow foreign investment here as nearly 0.15 million local farms have the capacity to meet the country's total demand for poultry meat and eggs.

Viet Nam is the fastest growing feed market in Asia. Although Viet Nam mostly fills its corn needs with domestic and nearby country imports, the group still felt encouraged by the market potential. This is due to Vietnam seeing the US as a dependable system that provides transparency and risk management.

In 2010, Viet Nam became the 15th largest market for US agricultural products. US agricultural exports to Viet Nam grew fivefold from a mere $216 million in 2006 to $1.3 billion in 2010. Viet Nam is the 8th largest market for US feedstuffs, doubling over the past two years and valued at $151 million in 2010.