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Comments Off on Kenya thankful for China’s food donation

Kenya thankful for China’s food donation

Posted by | April 7, 2017 |

August 19, 2017

Kenya is the latest beneficiary of a series of food donations from China that have been provided to African countries to help the continent mitigate food insecurity resulting from changes in weather patterns.

Beijing has announced a donation of 21,000 metric tons of rice worth Ksh2.25 billion ($21.9 million; 20.5 million euros; 17.5 million) to be distributed to hunger-ravaged Kenyans in 23 counties. The first shipment of food is expected to arrive in Kenya in about a month.

According to Henry Rotich, Kenya’s treasury secretary, approximately 3 million Kenyans in both rural and urban areas are at risk of starvation.

The Chinese government responded to Kenyan President Uhuru Kenyatta’s appeal in February for food aid from the international community, after declaring drought in the country a national disaster.

According to the national treasury, approximately 3 million Kenyans in both urban and rural areas are affected. Children under 5 years and expectant and lactating mothers are highly vulnerable to malnutrition.

“I wish to thank the government of China for the quick response to the president’s appeal,” Rotich said. The grant will go a long way toward supplementing the ongoing government efforts addressing the food crisis.”

Rotich says the Kenyan government is working with the Chinese government on long-term mitigation measures like irrigation programs in drought-prone areas.

Liu Xianfa, the Chinese ambassador to Kenya, says the donated rice will be able to support 1.4 million people for a month on average.

“China has always paid attention to the drought situation in Kenya. For the past three years, we have been mobilizing the Chinese community in the country to support drought victims through food and water donations.

Since late last year, the Chinese government has donated rice to several African countries to help them mitigate the food crisis. Beneficiaries include Uganda, Zimbabwe, Malawi and Sierra Leone.

Toward the end of February, Beijing donated 5,983 tons of rice worth Ksh22 billion ($6.1 million; 5.7 million euros; 4.9 million) to Uganda to support drought-stricken people in the country.

About 10.9 million Ugandans are experiencing acute food shortages, while 1.6 million have no food at all, according to Uganda Food Security Outlook for June through January.

Food security is attributed to prolonged severe drought, which has affected crop production, leading to increased food prices.

In September, the Chinese government donated 19,000 tons of rice worth $24.6 million to Zimbabwe. About 4 million people in the country are in need of food aid.

It also promised to donate 10,000 tons of urea fertilizer to be distributed to the farmers who were to take part in a government maize production program to produce 2 million tons of grain.

Handing over the donation, Chinese Ambassador Huang Ping was quoted by Xinhua News Agency as saying the grant was a fulfilment of the drought-relief pledge made to affected African countries by Chinese President Xi Jinping at the Forum on China-Africa Cooperation (FOCAC) summit held in South Africa in December 2015.

“Today’s event testifies to the strong ties between China and Zimbabwe as all-weather partners, especially in the area of food security and agriculture,” Huang said.

Chinese Ambassador to Sierra Leone Wu Ping told Agriculture Minister Monty Jones recently that China will donate 6,300 tons of rice, equivalent to 126,000 50-kilogram bags of rice.

By the end of last year, China donated 6,000 tons of rice to be distributed to 271,266 households in 16 of 24 districts affected by drought in Malawi.

Comments Off on VIV 的第一天非常棒!感谢大家来和我们相见!

VIV 的第一天非常棒!感谢大家来和我们相见!

Posted by | September 7, 2016 |

August 19, 2017

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Comments Off on CMIA Capital Partners & China Merchants Technology back privatization of China Farm Equipment Ltd

CMIA Capital Partners & China Merchants Technology back privatization of China Farm Equipment Ltd

Posted by | November 18, 2012 |

http://www.digitaljournal.com/pr/1084189#ixzz2LXmKLBm7
August 19, 2017

CMIA China Fund IV L.P., a private equity fund managed by CMIA Capital Partners, and China Merchants Technology Holdings, a leading Chinese State-Owned Enterprise, have together invested US$23 million in the successful privatization of China Farm Equipment Limited, a company publicly listed on the Singapore Exchange.

CMIA Capital Partners is a private equity firm focused on investment opportunities in China and Southeast Asia. The CMIA China Fund IV L.P. is CMIA’s fourth private equity fund and is focused on control and growth capital investment opportunities in China, particularly in China’s agriculture, agribusiness and food sector.

CFE is a leading agriculture machinery manufacturer in China and engages in the design, development, production, and sale of farm equipment and diesel engines. CFE’s products include combine harvesters, rotary plough machines and components, and soil tillages, as well as air cooling and water cooling diesel engines. CFE sells its products through distributors in China, and also exports its products to Vietnam, Myanmar, Thailand, and Bangladesh.

“The farming equipment space is a fast-growing sector in China and will benefit from China’s drive to accelerate the modernization of its agricultural sector. CFE is a leading agriculture machinery manufacturer in China with an experienced and proven management team, a well-known brand, an established distribution network and a resilient R&D effort. CFE is also a leader for track-based harvesters in the Hunan and Jiangxi provinces. We look forward to a close partnership with CFE’s management as we work together to realize the potential of its business,” commented Mr. Lee Chong Min, Managing Partner of CMIA Capital Partners.

Mr. Wang Shu Ping, Group Founder, Chairman and CEO of CFE adds “I am pleased to be working in partnership with CMIA for this very important corporate milestone for our company. CMIA has a successful track record investing in and working with companies in China and has a good understanding of China’s agriculture sector. We look forward to leveraging on CMIA’s strong network and expertise in China to further develop our business.”

Ms. Zhu Jinhong, Investment Director, China Merchants Technology Holdings, added “China’s agricultural machinery industry is a high-growth sector in China and strategic to China’s efforts towards modernizing its agriculture sector. According to China’s Ministry of Agriculture, China’s agricultural machinery sector grew at a CAGR of 25% over the past four years and is expected to continue its robust growth in the foreseeable future, backed by favorable macroeconomic and industry trends such as China’s trend towards larger scale farming as well as favorable government policies and incentives. In particular, according to China’s 5-year Plan for the period 2010-2015, China forecasts its agriculture machinery industry to grow from RMB 280 billion in 2010 to RMB 400 billion by 2015”.

Full Story : ACN Newswire

Comments Off on Indofood buys 15 pct stake in China agriculture firm

Indofood buys 15 pct stake in China agriculture firm

Posted by | November 18, 2012 |

http://www.reuters.com/article/2013/02/18/markets-indonesia-stocksnews-indofood-idUSL4N0BI0Z920130218
August 19, 2017

PT Indofood Sukses Makmur Tbk, the world’s biggest instant noodle maker, is buying 14.9 percent stake in China-based fresh vegetable processor China Minzhong Food Corporation Limited, it said in a filing to the Indonesian stock exchange on Monday.

Indofood will buy 98 million shares of Singapore-listed Minzhong Food for S$89.67 million ($72.45 million) through right issuance. The share price transaction was at 9.9 percent discount to Thursday’s closing price.

“Looking at the company more detail, MINZ is a prominent player in the vegetable process industry in China integrated from up to downstream. MINZ has a various range of product portfolio from processed to fresh vegetables distributed for both domestic and export,” Jakarta-based Mandiri Sekuritas analyst Octavius Prakarsa said in a note on Monday.

“Yet, the acquisition may lift market confidence in the INDF outlook as such acquisition shows INDF’s continuing commitment in its growth onward.”

Shares of the food firm were down 1.49 percent at 6,600 rupiah. The broader Jakarta Composite Index was up 0.13 percent.

1051 (0351 GMT)

($1 = 1.2376 Singapore dollars) (Reporting by Andjarsari Paramaditha; Editing by Jijo Jacob)

Full Story : Reuters

Comments Off on UNL officials strengthen ties with Chinese agricultural universities

UNL officials strengthen ties with Chinese agricultural universities

Posted by | November 18, 2012 |

http://www.dailynebraskan.com/news/article_02be5f12-740c-11e2-916d-0019bb30f31a.html
August 19, 2017

Officials from the Institute of Agriculture and Natural Resources at the University of Nebraska-Lincoln recently returned from a trip to China, where they continued work creating a niche for the university and the state of Nebraska in a country fast becoming one of the world’s economic superpowers.

UNL Vice Chancellor Ronnie Green led the group of IANR officials that included Mark Doyle, IANR director of international programs, and Rolando Flores, head of the Department of Food Science & Technology.

Green, who made his third trip to China in 18 months, said the team of officials had several focuses while visiting the country. Those focuses included strengthening relationships with several Chinese institutions and working on UNL’s effort to increase engagement in three countries: China, India and Brazil.

“We have made the strategic decision to rapidly grow our efforts in these three key countries,” Green said in a press release. “When one considers the challenges ahead over the next four decades with global food and natural resource security, these three countries are at the center of addressing these issues.”

UNL’s efforts to increase engagement in China specifically, Green said, have put the university in good standing in that country.

“These collective efforts have placed us into a real leadership position in agriculture and natural resources collaborations in China moving forward,” he said.

During the visit, IANR officials worked on furthering UNL’s relationship with China’s Northwest Agriculture and Forestry University in Yangling, Shaanxi Province. It’s considered one of China’s leading agriculture and natural resources universities. UNL and NWAFU began a research undergraduate experience program last summer, according to the press release.

The team also made new joint research partnerships with the China Agricultural University in Beijing to advance food science and food engineering research.

Doyle said China’s quickly growing research industry makes it important to stay involved with the country.

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 

Full Story : The Daily Nebraskan

Comments Off on Asia at risk from intensive farming

Asia at risk from intensive farming

Posted by | August 17, 2017 |

A range of health and environmental risks associated with Asian meat production has the potential to significantly impact businesses and threaten investor returns in the region, a new report has warned.

Asia’s meat, seafood and dairy industries face a range of badly managed sustainability risks, from deforestation and greenhouse gas emissions to food fraud and the misuse of antibiotics, according to a new report by the Farm Animal Investment Risk and Return (FAIRR) initiative.

The report reviews risks around five issues that it says could result in greater regulatory controls, price volatility, weaker consumer demand and continuity problems in supply chains, all of which could impair businesses and jeopardise investor returns.

The issues highlighted are food safety and nutrition; public health risks due to antibiotic resistance and the outbreak of livestock viruses; the high environmental footprint of meat production; changing consumer views on animal welfare standards; and labour standards.

Asian meat demand is predicted to grow 19% from 2013 to 2025 to 144m tonnes.

FAIRR noted that a shift towards more intensive farming practices in China in particular is driving up antibiotic use, just as there is a global push to reduce usage in the face of antibiotic resistance. China already consumes almost half of the world’s antibiotics, and due to increased intensive farming, Asia is estimated to increase antibiotic usage in chicken and pigs by 129% and 124% respectively by 2030.

The report stated that threats in Asia also affect the global supply chain. In 2016, China’s demand for animal feed saw it import 35% of Brazil’s total soybean production – encouraging further deforestation in South America – with potentially enormous consequences for global carbon budgets.

Despite the focus on risk, the report said there are also excellent opportunities in Asian markets for more sustainable production. It highlighted that consumer concerns, particularly over health and safety, are resulting in increased demand for differentiated products such as organic meat, vegetarian and plant-based foods or higher welfare meats. Between 2012 and 2016, new product launches with vegetarian claims increased by 140% and new product launches with vegan claims increased by 440% in Southeast Asia.

Source: Footprint. Date: 2017-08-17

Comments Off on In India, an Uber for farm machinery aims to make a difference in rural areas

In India, an Uber for farm machinery aims to make a difference in rural areas

Posted by | August 17, 2017 |

Uber has inspired countless businesses to adopt its asset-light and on-demand approach to their industries. The examples are countless. Food delivery, dry cleaning, jet planes, home services rental bikes, or even phone chargers to name but a few — but how about farming equipment?

That’s the case in India, where a startup called EM3 AgriServices is helping rural farmers literally get their hands on specialist (and expensive) equipment and machines that would ordinarily be out of their reach. The goal is to help them earn their livelihood with cutting-edge tech without breaking the bank.

The concept is actually quite straightforward. EM3 works with farmers who own equipment like tractors, harvesters and other mechanical implements by allowing them to ‘rent’ out their assets to help pay off the purchase or generate additional revenue. Farmers, typically those in remote regional with small holdings and limited capital, then get access to quality implements and machines on a pay-as-you-use basis on either an hourly or acreage pricing.

That’s important when most farms in India are smaller than three acres. Tight economics, and a reliance on loans to make big-ticket purchases, are thought to be a key factor responsible for a high level of suicides among farmers over the past twenty years.

“The average Indian farm holding is just one percent of what you’d find in U.S., so farmers aren’t able to afford technology, even basic mechanization, because the capital load is too high,” EM3 founder and managing director Rohtash Mal (pictured above) told TechCrunch in an interview.

And he should know. Mal, a 63-year-old self-confessed “corporate world veteran,” started EM3 with his son Adwitiya Mal (CEO) in 2013 after a spell in charge of agriculture machinery manufacturer Escorts gave him a glimpse into the struggles of Indian farmers.

“In the farm equipment business one thing became clear, we did everything we could to help customers buy our products, but the fact is that the small farm could not afford the rate of technology,” Mal senior said.

“We’re inspired by what happens in tech world, but this hasn’t been done in agriculture before. The need wasn’t there in a lot of markets, such as the U.S., which were the foundation heads of technology, but the need is here in India,” he added.

The company calls its business farming-as-a-service — or Faas.

Unlike Uber, which has pioneered an online business model, EM3 is ‘tech-enabled’ rather than ‘tech.’ That’s to say that while it uses common on-demand tech to manage supply-demand, customer data and more, the majority of its business is offline. That’s because, quite simply, its customer base remains disconnected from the internet.

“The majority of farmers are not on smartphones,” Mal junior said. “The smartphone penetration is increasing but it isn’t at critical mass yet so we have a physical on the ground presence.”

So where there are apps for those ahead of the curve, EM3 operates call centers for handling requests from farmers — both inventory owners and prospective renters — and it deploys local representatives in the villages that it serves. But even the select farmers who are online and own smartphones find something comforting and secure about talking to a person on the other end of the phone when it comes to business matters that impact their life, the EM3 execs said.

To date, EM3 has focused on central parts of India where it claims to have worked with 8,000 farms through its 10 service centers. Mal senior explained that its platform covers machinery and services that span all seasons, but customer activity levels do vary during different parts of the farming calendar and based on location, crop type, etc.

The startup recently partnered with the local government of Rajasthan, India’s largest province by size and a major agriculture producer, to make a push into helping thousands more farmers. It is planning further forays, too, after raising significant funding from investors.

EM3 closed a $10 million in Series B financing led by Global Innovation Fund and VC firm Aspada which will be put to work expanding into more regions, increasing its inventory and developing tech. EM3 previously raised a $3.3 million Series A round led by Aspada in 2015.

Further down the line, Mal senior said he can envisage its business moving into other areas of a farmer’s business where it believes it can add value.

“There’s no other company [offering this service yet, but I’m sure there will be me-toos,” he said.

“We are still significantly ahead, but will have to add more and more to the menu of services to keep our lead. We want to become more dedicated to the farmer and look for more opportunities in farming and adjacent spaces.”

Already there is competition with Gold Farm and Trringo, a subsidiary of automotive conglomerate Mahindra & Mahindra, opening similar services over the past year.

Interest in agritech in India has heated up in recent years. Earlier in 2017, Accel backed AgroStar, a startup that offers a range of guidance and e-commerce services targeted at rural farmers, in its first deal in the sector. Plenty of other VCs in the country have expressed their interest about getting into the space, which has the potential to harness the power of technology to help many farmers in a profound way.

Source: Techcrunch. Date: 2017-08-17

Comments Off on Chinese authorities to visit Irish beef plants in the coming weeks

Chinese authorities to visit Irish beef plants in the coming weeks

Posted by | August 17, 2017 |

A group of Chinese inspectors is set to visit a number of Irish beef plants later this month.

Members of the Chinese Certification and Accreditation Administration (CNCA) are due to arrive in Ireland during the last week of August to inspect a number Irish beef processing facilities.

This visit is a step in the right direction for Irish beef exporters’ hopes of accessing the lucrative Chinese market. And, a successful outcome would further advance the process of opening the market to Irish beef.

This is particularly important as China was the second-largest importer of beef on the global stage in 2016. In addition, Chinese beef imports are expected to reach 1.2 million tonnes by 2025.

Back in April, the Minister for Agriculture, Michael Creed said it’s “a case of when, rather than if” when it comes to accessing the Chinese market with Irish beef.

He made the comments following a meeting with the the Chinese AQSIQ Minister Zhi Shuping, who has responsibility for the Chinese Quarantine and Inspection Service.

At the time, both minsters signed a formal protocol on beef exports to China. The protocol specifically focused on frozen beef under 30-months-of-age.

US Beef Moves A Step Closer To Accessing China

American beef exports to China are set to resume again after a 14-year absence, the US Department of Agriculture (USDA) announced in June.

The US has reached an agreement with Chinese officials on export protocols, which will allow for shipments to begin.

China’s beef imports have increased from $275 million in 2012 to $2.5 billion in 2016, according to the USDA. China was the second-largest importer of beef in the world last year, taking in 825,000t.

However, the US has been banned from China’s market since 2003. China implemented the ban on US beef amid concerns about BSE.

Following negotiations, it has been agreed that US beef exports to China must meet specified requirements under the USDA Export Verification (EV) Programme.

Source: Agriland. Date: 2017-08-17

Comments Off on Japan, South Korea Counter Weaker Chinese Pork Imports

Japan, South Korea Counter Weaker Chinese Pork Imports

Posted by | August 17, 2017 |

JAPAN, SOUTH KOREA & CHINA – Both Japan and South Korea have reported year-on-year increases in fresh/frozen pork imports during the first half of 2017, according to Bethan Wilkins, AHDB Pork analyst. 

With Chinese import demand slowing in the second quarter, these destinations have become increasingly important outlets for the global pork market.

During the first six months of 2017, Japan imported 459,000 tonnes of pork, 7 per cent more than in the same period last year. Shipments from Canada in particular were 19 per cent higher year-on-year.

Meanwhile, the other key suppliers, the EU and US, saw more modest increases of 3 per cent and 4 per cent respectively.

The expansion in EU shipments was largely driven by increasing imports from Spain in the second quarter. Conversely, US shipments actually fell 1 per cent on the year in Q2.

For South Korea, fresh/frozen pork imports increased 12 per cent on 2016 during the first half of the year, reaching 257,000 tonnes.

Disease outbreaks in both the beef and poultry sectors have reportedly boosted demand for pig meat this year.

EU shipments, which were up 25 per cent year-on-year and now provide over half of import requirements, drove the overall expansion.

Within this, volumes from Germany and the Netherlands were up 46 per cent and 58 per cent respectively.

The sharp increase in German shipments in particular is likely related to the temporary suspension of exports to China from a number of key plants earlier this year.

The UK also supplies pig meat to South Korea, albeit in small volumes (1,600 tonnes), but shipments were nonetheless 50 per cent higher than a year earlier.

 

Looking forwards, Chinese import demand is could remain behind 2016 levels in the latter half of the year.

Reports suggest there are expectations extensive farm closures could occur during Q3 under environmental regulations, leading to a temporary oversupply of pork on the market.

As such, how Japanese and South Korean import demand develops throughout the rest of 2017 could be key to global market balance.

Nonetheless, the outlook for South Korean demand at least seems positive, with pork likely to continue benefitting from disease pressures in the other protein sectors.

Source: The Pig Site. Date: 2017-08-17

Comments Off on Vietnamese forum promotes vegetables, fruits trade to China

Vietnamese forum promotes vegetables, fruits trade to China

Posted by | August 14, 2017 |

A forum promoting trade in Vietnamese and Chinese vegetables and fruits took place in the northern border province of Lang Son on August 11.

Speaking at the event, Vice Chairman of the provincial People’s Committee Ly Vinh Quang said Lang Son has an important geographical location in the Nanning – Lang Son – Hanoi – Hai Phong economic corridor, and has been a gateway for Vietnamese farm produce to access the Chinese market via Tan Thanh, Coc Nam and Huu Nghi border gates.

In 2016, Lang Son’s border gates allowed the export of nearly 478,514 tonnes of dragon fruit; 223,455 tonnes of watermelon; 240,345 tonnes of longan fruit; 81,198 tonnes of litchi; 8,135 tonnes of rambutan; and 17,837 tonnes of dried cashew nuts to China.

Over the past years, the province has opened additional auxiliary border gates such as Na Hinh, Co Sau, Binh Nghi, expanded roads leading to border gates, built infrastructure in border gates, and improved the capacity of goods transit and customs clearance.

Quang took the occasion to commit all possible support to enterprises.

Vice Mayor of Guangxi’s Chongzuo city said Chongzuo borders Lang Son province and shares similar customs and climate, adding that there remains room for bilateral cooperation in cultivation and farm produce processing.

Each year, Vietnam exports 1,866,000 tonnes of farm produce worth 6.89 billion CNY to China via Chongzuo’s border gates. Vietnamese fruits such as litchi, mango and dragon fruits are popular in China.

The Ministry of Industry and Trade’s Border and Mountainous Trade Department said farm produce, including fresh fruits are mostly exported to China via border gates, accounting for more than half of the total. Several commodities saw export growth such as rubber, cassava powder, fisheries, confectionary, coffee and tea.

According to the Ministry of Agriculture and Rural Development’s Plant Protection Agency, Vietnam shipped more than 2 million tonnes of fruits and vegetables worth 1.6 billion USD to China last year. In the past seven months of this year, the country earned over 1.3 billion USD from exporting roughly 1.2 million tonnes of fruits and vegetables to the neighbour.

Source: VNA. Date: 2017-08-14

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