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TheMeatSite Newsletter - 23 October 2013

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TheMeatSite
Wednesday 23rd October 2013.
Chris Harris - TheMeatSite Editor in Chief

Chris Harris
Editor in Chief


Zoetis

China Growing Demand in World Meat Market

China’s role in the development of the global meat market is continuing to grow.

The increasing demand for meat and other forms of protein were highlighted at the recent Grain Outlook Conference in London.

The country’s meat consumption is expected to rise by 35 per cent by 2020 while rice and flour consumption will fall by five per cent each.

Consumption of cooking oil is also expected to rise by 35 per cent while sugar consumption will go up by 52 per cent and consumption of dairy products will rise by 116 per cent.

The reason for the sharp change in eating habits is the change in the Chinese population to a wealthier more urban people, according to Sylvia Ren.

Speaking at the Conference in London, Ms Ren, the China Markets Manager at FCStone said that at present 55 per cent of the Chinese population lived in towns.

However, while disposable incomes are increasing, China still lags behind the US on what is spent on food. In China on average $530 is spent per capita each year on food, while in the US the figure is $2010.

While China’s gross domestic product is continuing to increase rapidly – at present at an estimated 7.5 per cent the gap between the US and China is closing, with China’s GDP falling and the US GDP rising.

Ms Ren said that the change in the population and eating habits, with a growing demand for meat is seeing China as the leading pig producer in the world – producing more pigs than the next 43 nations. The growth in the pig population to satisfy the growing demand for meat also means that a rise in meal consumption in feed of just 10 pounds per head will mean that China would require an additional 3.25 million tonnes of meal.

However, China has the highest corn and wheat prices in the world, which means the country relies heavily on imports.

Ms Ren said that domestic demand for protein feed is climbing higher with an annual growth of 8.5 to 8.9 per cent over the last five years and the demand for meat, poultry, eggs and aquatic products has grown by three per cent over the same time.

The outlook is for a growth in the demand for protein to be between four and five per cent over the next five years although demand for meat and eggs will only rise by one or two per cent.

With the growth in the demand for protein, soybean imports are expected to rise by three or four million tonnes over the next five years and there is also expected to be a growth in the consumption of vegetable oils over the next five years, although not at the high rate that has been experienced over the last five years.

Ms Ren said there is a need for greater transparency in the market and the country needs to connect with the global market to be able to import more raw materials – soybean, wheat and corn meal as well as being able to import more meat especially beef and lamb.


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This Week's Articles

GLOBAL POULTRY TRENDS 2013: Faster Chicken Uptake Outside the EU
Between 2000 and 2009, average per-capita poultry meat consumption rose faster in Europe than in any other region but most of the increases took place in countries outside the European Union, observes industry watcher, Terry Evans.

Adding Citrus Fibre to Meatballs Improves Nutritional Quality
Many American diets fall short of meeting nutritional guidelines resulting in burgeoning obesity rates and health problems across the nation.

Should You Move to the Cloud?
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Adding Antibiotics to Animal Feed a Risk to Human Health?
As fears rise over resistance, some countries have banned the routine use of antibiotics in animal feed.

Asia to Demand More Meat and Dairy Imports
Over the past 20 years, food consumption patterns in Asia have shifted from traditional grain-based diets to incorporating more protein-rich, higher value foods, such as meat and dairy.


Market Reports

Portland Fish Exchange Prices - 22 October 2013
China Wholesale Prices - 23 October 2013
USDA GAIN: Brazil Dairy and Products Annual 2013
USDA International Egg and Poultry: Colombia
USDA Cold Storage - 22 October 2013
Portland Fish Exchange Prices - 21 October 2013
China Wholesale Prices - 22 October 2013
USDA GAIN: New Zealand Dairy and Products Annual 2013
Sri Lanka Fish Prices - 22 October 2013
China Wholesale Prices - 21 October 2013
USDA Milk Production -21 October 2013
Portland Fish Exchange Prices - 20 October 2013
EBLEX Cattle Weekly - 18 October 2013
USDA GAIN: India Dairy and Products Annual 2013
USDA GAIN: Australia Dairy and Products Annual 2013
USDA GAIN: EU - 27 Dairy and Products Annual 2013
BPEX Export Bulletin - Week 42
NAB Australian Rural Commodities Wrap - 18 October 2013
Dairy Australia - Fortnightly Update 18 October 2013
Portland Fish Exchange Prices - 17 October 2013
China Wholesale Prices - 18 October 2013
Portland Fish Exchange Prices - 16 October 2013
China Wholesale Prices - 17 October 2013
AHDB Pig Market Weekly - 17 October 2013
USDA National Dairy Sales Products - 17 October 2013
UK Slaughter Statistics - September 2013

Global Meat Industry News

   Denmark

Expansion Plans for Danish Pig Industry
Deadline for Danish Government to Help Pig Sector
Monitoring Food Loss and Waste Essential to Hunger Fight
Truck Washing System to Protect Denmark from African Swine Fever

   United States

First-Ever Export Seminar at IPPE
Experts Highlight Centre for Livable Future’s Inaction
Wayne Farms’ Albertville Poultry Processing Facility Celebrates 50th Anniversary
Closure of House of Raeford Plant by December Announced
Animal Ag Groups Collaborate on Report Highlighting Advancements
Market Observations Post-USDA Return
Cargill Food Distribution Teams up with Teys Australia
Northern Beef Sets $12.75 Million Minimum Auction Price
CME: Pork Supplies Stay Lower Than a Year Ago
Listeria Concerns Extend Chicken and Ham Product Recall
Strike Threat at JBS Beef Plant
Meatless Mondays’ Success Disputed
Politicians Applauded over Progress on Farm Bill

   Mexico

Meat Industry Show Starts in Mexico City

   Poland

Strong Sales Growth Reported by Morpol

   Norway

Strong Third Quarter Results from Marine Harvest

   United Kingdom

Authority Rejects Pork Advertising Complaint
Consumers Encouraged to Make Most of Whole Roast
Farmgate Prices Remain Strong
HSA Dorothy Sidley Memorial Scholarships Open
Yorkshire Leads Way in Putting Goose on Autumn Menus

   Global

Iowa and Hebei Conclude Signing of MoUs
Chile Concludes Investigation on US Pork
China’s Festival Season Drives Elevated Pork Market, Reports Rabobank
EU-Canada Free Trade Deal - Only Benefits
Hopes for Farm Deal at Bali Trade Talks
Pork Council Welcomes Canada-EU Trade Agreement
What is Driving Grain and Animal Feed Markets?
Canada-EU Trade Deal Opens Way for Meat Exports
Nutreco Sees Revenue Rise

   Switzerland

Difficult Issues Addressed by International Poultry Council in Geneva

   China

Slight Rise in Chinese Farm Produce Prices
How Can China Meet Growing Demand for Meat?
Chinese Food Prices Fall Slightly

   Ukraine

MHP SA Considers Increasing Poultry Sales to EU

   Canada

Pork Council Applauds Tentative Canada-EU
Trade Agreement

Government Boost for Western Canadian Poultry Sector
Ground Beef Recalled over E.Coli Fears

   European Union

EU Pig Prices: South European Price Decrease Goes Down Slightly
Changes to Food and Feed Law Monitoring Across Europe

   Ireland

Trade Deal No Basis for Negotiations with US

   New Zealand

Strong New Zealand Dollar Concern for Meat Exporters
Silver Fern Chairman to Retire

   Philippines

Call for Lower Retail Chicken Prices in Phillippines

   France

Tighter French Cow Beef Supplies Boost Imports
French Farmers Speak Out Against Food Waste

   Russian Federation

Cherkizovo Completes Hog Raising Project in Voronezh
Brazilian Processors Prepare to Sell to Russia
Good Harvest Helps Russian Hog Profits

   South Africa

Zico Buys Stake in Seeman’s

   Italy

Organized Small Farmers Become Entrepreneurs

   Australia

Slow Market not Reflecting Large Beef Shipments to US
Australian Red Meat Shipments to Middle East Up
Baiada Chicken Factory Workers Claim to be 'Underpaid'

   Dominican Republic

Dominican Republic Increases Food Production

   Brazil

Management Shake-up at BRF
Brazilian Pork Exports Down

   Kazakhstan

Poultry Processing Plant Opened in Kazakhstan

   India

Indian Challenge over Cheaper Beef Exports

   United Arab Emirates

UAE Free from Salmonella-Contaminated Chicken

Events/Promotions

Global Poultry Trends 2011

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