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CP Group of Thailand appreciative of Vietnamese market

CP Group of Thailand appreciative of Vietnamese market
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Rich get richer in feed game as farmers toil over costs

While the daily rises in the price of animal feed are hurting local farmers, some husbandry companies nevertheless report huge profit for the last fiscal year thanks to the peak selling price of live hogs. ....

Dong Nai , Tinh Ha , Republic Of , United States , Hung Yen , Hung Yêvm , Khoai Chau , Department Of Livestock Husbandry , Trong Of The Department Livestock Husbandry , Samsung Electronics Vietnam , Ministry Of Agriculture , Vietnam Animal Feed Association , Dabaco Group , Rural Development , Tran Van Lap , Duc Binh , South America , Nguyen Van Trong , Livestock Husbandry , Japfa Comfeed Vietnam , Honda Vietnam , Animal Feed , Animal Feed Makers , Tcp Vietnam , டாங் நாய் , டின் எச்ஏ ,

Meat and dairy exporters up capacity to challenge rivals

With the meat and dairy sector in Vietnam suffering a trade deficit of $600 million last year, many exporters are now expanding performance to boost sales amid the country heading towards a rise in export of the products after the next few years. ....

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New feed groups attempt to outmuscle top performers

New feed groups attempt to outmuscle top performers
14:00 | 29/04/2021
In the fierce competition of animal feed, both local players and their foreign rivals are expanding Â performance, with the emergence of several newcomers.
Feed group sales are rising, but the competition is fierce with more farms outsourcing for husbandry companies. Photo: Le Toan
As the largest animal feed production country in Southeast Asia, the sector in Vietnam witnessed high growth of 13-15 per cent on average during the 2016-2020 period, according to Grand View Research, an India and US-based market research and consulting firm. Consumption output in 2019 and 2020 was around 20 million tonnes, and was as much as 30 million if including aquaculture feed. ....

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Rising material and feed costs bridle husbandry companies

Rising material and feed costs bridle husbandry companies
15:10 | 14/04/2021
Husbandry companies are being squeezed on two fronts, with prices for poultry and cattle stagnating and Â falling in some cases while animal feed material prices have been surging, pushing many to temporarily halt production or even declare bankruptcy.
The consecutive increases of animal feed prices over the last few months have caused a lot of challenges for farmers. In March, farmer Nguyen Van Hau in the southern province of Dong Naiâs Trang Bom district received notices of increased prices from all leading animal feed producers. Of these, Japfa Comfeed raised its asking price five times in the period, while others like C.P., Masan, Cargill, De Heus, Emivest, Greenfeed, and more are said to have adjusted prices six times. ....

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