The Shanghai-based and Singapore-listed People's Food Holdings considers that the Chinese meat market, which currently has thousands of producers, will consolidate over the next five to 10 years and it aims to become one of the leading players. The company's statement coincided with its secondary listing on the Hong Kong Stock Exchange in October. Founded […]
Category: Agriculture
Herd mentality
China’s dairy industry is expanding fast but there will inevitably be casualties as inexperienced investors scramble to lap up the cream.
Cotton production revised downwards
At the end of August, the Cotton and Jute Bureau revised its forecast of China's total cotton crop this year to 4.5m tonnes, Reuters reported. This new forecast was 15.4 per cent less than 2001's record crop of 5.32m tonnes and 200,000 tonnes less than the 4.7m forecast earlier in the month. The bureau said […]
State-owned companies in Heilongjiang and Jilin provinces are building soybean-crushing plants that will add at least 9 per cent to China's crushing capacity, Bloomberg reported. The crushers will help process beans produced under a government programme to grow beans with a high oil content on 667,000 hectares in northeast China, and would help boost farmers' […]
Sumitomo Corporation has begun a consulting service to Chinese farmers exporting vegetables to Japan, advising them on how best to use chemicals. The move came amid mounting tension between the two countries following the Japanese claim that some Chinese vegetable exports contained unacceptable levels of agrochemicals. Nikkei said that, in addition to the consultancy service, […]