According to the Ministry of Agriculture & Rural Development, in November, the pig herd size has estimated at 26.3 million in the country, equally 99.1%, in which the herd size of sows reached 3.9 million sows, equally 98% compared to the same period. The total of finisher pork production reached 3.3 million tonnes, a 2.1% increase year-on-year. In November, the value of imported feed animal and materials estimated at USD150 million, leading to the total of import value have been estimating at USD2.78 billion, a 25% increase in the eleven months of 2013 year-on-year.

In November, the volume of imported soybean meal reached at 19 thousand tonnes, equally USD12 million of the value. Estimated, the total of import volume of soybean have been accounting for 1.11 million tonnes, equally USD676 million of the value, a 0.9% decrease in eleven months of 2013 compared to the same period. Besides, the volume of imported corn reached 122 thousand tonnes, equally USD38 million of the value in November. Estimated, the total of import value of corn has been reaching at 1.63 million tonnes, equally USD523 million of the value, a 12.8% increase in eleven months of 2013 year-on-year.

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: The Information Technology and Estimate Center