farmers squeezed out by feed giants

Farmers squeezed out by feed giants

Spiralling prices for animal feed are forcing livestock farmers to abandon their own production and shift towards becoming contract-based suppliers of husbandry companies, raising doubts over their plans to dominate the market.
material prices strike domestic feed groups

Material prices strike domestic feed groups

Supply shortages, with global uncertainties including the Russia-Ukraine clash escalating, are driving Vietnam’s animal feed production sector into bigger difficulties as a large part of raw materials are sourced from these two markets.
pressure on to develop feed materials

Pressure on to develop feed materials

Struggling with the sharp increase in the price of animal feed materials, the husbandry industry has a headache figuring out solutions for long-term, sustainable development.
resorting to tax policy to mitigate burden on agriculture sector

Resorting to tax policy to mitigate burden on agriculture sector

The agriculture sector is experiencing unprecedented challenges owing to a considerable increase in input costs and a drop in sales prices. Duong Manh Hung, head of Agriculture, Forestry and Fisheries Statistics Department of the General Statistics Office, talked with Manh Bon about the need for tax policy to temporarily resolve the agricultural sector's difficulties, combined with the long-term goal of reducing reliance on imported materials.
raw material import necessity squeezes feed groups

Raw material import necessity squeezes feed groups

While Vietnam is traditionally a strong producer and exporter of rice and other produce, animal feed producers largely depend on overseas imports of raw materials, leaving them vulnerable to price fluctuations and global incidents like climate change and the ongoing pandemic.
animal feed producers find fault in ruling

Animal feed producers find fault in ruling

Animal feed producers are demanding removal of a regulation on conformity declaration for animal feed and supplements only weeks after it came into effect, saying the new rules are needless and wasteful.
mard proposes price stabilisation measures for animal feed to protect small farmers

MARD proposes price stabilisation measures for animal feed to protect small farmers

Increasing animal feed prices and declining livestock and poultry selling prices will shut down small household farmers, leaving their market share to giants, unless regulatory intervention is made in time.
japfa vietnam donates 1 million to covid 19 vaccine fund

Japfa Vietnam donates $1 million to COVID-19 Vaccine Fund

Japfa Comfeed Vietnam Co., Ltd. (Japfa Vietnam), one of the leading companies in Vietnam specialising in feed and animal agriculture, has presented over $1 million to the Central Committee of the Vietnam Fatherland Front to contribute to the national COVID-19 vaccine fund, joining hands with the Vietnamese government to accelerate vaccination and economic recovery.
rich get richer in feed game as farmers toil over costs

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.
animal feed groups travel demand driven ma route

Animal feed groups travel demand-driven M&A route

Animal feed producers are stepping up their mergers and acquisitions in Vietnam as they are pinning their hope on the resilience of the market.
masan denies mobilising investment in animal feed segment

Masan denies mobilising investment in animal feed segment

Local food giant Masan denied news about its $1 billion capital mobilisation in animal feed published on Bloomberg recently.
new feed groups attempt to outmuscle top performers

New feed groups attempt to outmuscle top performers

In the fierce competition of animal feed, both local players and their foreign rivals are expanding  performance, with the emergence of several newcomers.
rising material and feed costs bridle husbandry companies

Rising material and feed costs bridle husbandry companies

Husbandry companies are being squeezed on two fronts, with prices for poultry and cattle stagnating and  falling in some cases while animal feed material prices have been surging, pushing many to temporarily halt production or even declare bankruptcy.
animal feed imports soar in first two months

Animal feed imports soar in first two months

In the first two months of this year, the total import turnover for animal feed and materials reached $650 million, signifying an increase of 26.2 per cent on-year, according to statistics published by the Ministry of Industry and Trade.
animal feed exports increase in 2020

Animal feed exports increase in 2020

Vietnam acquired $800.7 million in export turnover from animal feed in 2020, up 16.98 per cent on-year, according to statistics published by the General Department of Vietnam Customs.