What’s next in Asian livestock production? A group of experts will share new findings, trends and future standards at the Pig, Poultry & Dairy Focus Asia 2010 - - Asia’s largest technical livestock conference. This will take place on March 1-3, 2010 in Bangkok, Thailand.
N.C.C. Exhibition Organizer Co., and Positive Action Publications, the co-organizer of ‘Pig, Poultry & Dairy Focus Asia 2010’, which will take place on March 1-3, 2010 at the Imperial Queen’s Park Hotel in Bangkok, Thailand, are confident that Asia’s largest international, technical livestock conference will prove to be a superb education forum for Asian professionals to learn trends in Asia’s livestock production industry.
“Although Asia’s livestock production has been negatively impacted by the global economic crisis, the setback is not as deep as Europe’s or America’s. The USDA is forecasting broiler meat production to recover in 2009. Sales prices may decline, but margins have been somewhat protected by declines in freight rates and grain prices which have offset losses. From a technical perspective, animal health and food safety issues will be top priorities as a result of growing concerns over food-borne illnesses and food security,” said Mr. Teerayuth Leelakajornkij, Senior Project Manager, N.C.C. Exhibition Organizer Co., Ltd.
“Pig, Poultry & Dairy Focus Asia 2010 is a perfect education forum for industry professionals to find answers and solutions in regard to technical trends for livestock production in Asia. Some 90 international speakers from Europe, the Americas and Asia will share their vision and knowledge and technical perspectives that will have definite influence on the Asian livestock industry,” said Mr. Leelakajornkij.
The conference will focus on coming trends in pig, poultry and dairy production. There will be a look into the entire supply chain: from superior genetics, to nutrition, to veterinary care, to housing, and to handling. “In addition to gaining technical knowledge, networking opportunities are available at a reception and gala dinner. There, participants can discuss issues with their peers and pick the brains of industry experts,” he said.
Registration for the Pig, Poultry & Dairy Focus Asia 2010 is now open. Any registrants who register and pay before January 15, 2010, will merit an ‘Early Bird’ discount special offer.
More information about special rates, booking details and other concerns can be sourced from www.positiveaction.co.uk or www.nccexhibition.com
Saturday, November 21, 2009
Wednesday, November 11, 2009
CPF LOOK TO BALANCE FEED, FOOD AND FARMS IN FIVE YEARS
Charoen Pokphand Foods hopes to balance its business portfolio evenly among feed, food and farms within five years as part of its long-term development plan to reduce operating risk while increasing profits and dividends.
"CPF's future is really focused on two core businesses - feed and food," Adirek Sripratak, president and CEO, said yesterday.
Today feed accounts for 34-35 per cent of CPF's sales, followed by food at 19 per cent, while farms control the lion's share of 47 per cent.
The company eyes sponsoring a leading soccer team in a European league in a few years when food hits 20 per cent of total revenue. The move would help CP become a global brand.
The five-year plan has been drawn to avoid business risks mainly from the farm sector, which would easily suffer damage from unexpected environmental events.
However, the company has to adopt outsourcing through contract farming to guarantee raw-material supplies.
The plan was also designed to generate steady earnings, with net profit margins improving to 5 per cent so the company can carry on with its policy of paying out 50 per cent of net profit as dividends.
"We don't want to focus on total sales growth anymore. The most important thing for us is to increase net profit for the good of our shareholders and business development," he said.
The company also reported that its net profit had skyrocketed 197 per cent year on year to Bt4.11 billion in the third quarter, while its operating profit set a new high of Bt8.08 billion and earnings per share reached Bt1.20.
Its total revenue is projected to increase 3-5 per cent to Bt160 billion this full year.
Adirek pointed to growing investments overseas as the major contributing factor to the record net profit. It realised revenue from its joint venture CP All, the operator of 7-Eleven - the country's biggest convenience-store chain - as well as CP Vietnam.
Domestic business accounts for 68 per cent, followed by business abroad (17 per cent) and exports (15 per cent).
To support continued growth, the company will focus on expanding abroad, particularly in Russia and the Philippines. It will invest US$30 million (Bt1 billion) on a pig farm in Russia and $65 million on shrimp- and fish-feed mills in Manila.
The company has set investment for next year at about Bt4 billion for both here and abroad.
The stronger baht has not hamstrung the company's operations, as it is offset by its foreign-exchange income.
Forex earnings have amounted to $800 million, while imports cost $600 million. The company has also purchased foreign exchange forward to avoid currency risk.
"We're not worried about the exchange rate, just the political turmoil," he said.
"CPF's future is really focused on two core businesses - feed and food," Adirek Sripratak, president and CEO, said yesterday.
Today feed accounts for 34-35 per cent of CPF's sales, followed by food at 19 per cent, while farms control the lion's share of 47 per cent.
The company eyes sponsoring a leading soccer team in a European league in a few years when food hits 20 per cent of total revenue. The move would help CP become a global brand.
The five-year plan has been drawn to avoid business risks mainly from the farm sector, which would easily suffer damage from unexpected environmental events.
However, the company has to adopt outsourcing through contract farming to guarantee raw-material supplies.
The plan was also designed to generate steady earnings, with net profit margins improving to 5 per cent so the company can carry on with its policy of paying out 50 per cent of net profit as dividends.
"We don't want to focus on total sales growth anymore. The most important thing for us is to increase net profit for the good of our shareholders and business development," he said.
The company also reported that its net profit had skyrocketed 197 per cent year on year to Bt4.11 billion in the third quarter, while its operating profit set a new high of Bt8.08 billion and earnings per share reached Bt1.20.
Its total revenue is projected to increase 3-5 per cent to Bt160 billion this full year.
Adirek pointed to growing investments overseas as the major contributing factor to the record net profit. It realised revenue from its joint venture CP All, the operator of 7-Eleven - the country's biggest convenience-store chain - as well as CP Vietnam.
Domestic business accounts for 68 per cent, followed by business abroad (17 per cent) and exports (15 per cent).
To support continued growth, the company will focus on expanding abroad, particularly in Russia and the Philippines. It will invest US$30 million (Bt1 billion) on a pig farm in Russia and $65 million on shrimp- and fish-feed mills in Manila.
The company has set investment for next year at about Bt4 billion for both here and abroad.
The stronger baht has not hamstrung the company's operations, as it is offset by its foreign-exchange income.
Forex earnings have amounted to $800 million, while imports cost $600 million. The company has also purchased foreign exchange forward to avoid currency risk.
"We're not worried about the exchange rate, just the political turmoil," he said.
Betagro adopts new system
Betagro Group, one of Thailand's leading integrated agribusiness enterprises, expects its new quality management system will lead to strong market expansion and drive sales to 55 billion baht next year.
Betagro Quality Management 24/7 (BQM 24/7) will not only ensure the group's entire supply and production chains from farming and processing to markets but also exceed international food safety standards, said Vasit Taepaisitphongse, chief operating officer.
"We developed a system that complies with new food safety regulations set by import countries and foreign big buyers and retailers, which normally outline tougher standards," he said.
Stringent standards from the British Retailers Consortium and Tesco Foods were fully complied with, enabling Betagro chicken products to be available at Tesco outlets in Britain this year.
Betagro implemented a trial version of BQM 24/7 for its poultry business starting in October 2008 and the programme had impressive export growth in the first half of this year. It led to sales of 4.5 billion baht, or 15% growth over the same period last year, he added.
He said the system would allow the group to expand to new export markets,particularly those with restricted food safety regulations. Revenue from exports contribute 20% of the group's total sales,which are estimated at 50 billion baht this year and 55 billion in 2010.
The system also allows Betagro to shift its focus to higher value or premium products, which he expects will account for 75% of shipments with the balance commodities."Premium products mean higher unit prices of about US$4,500 per tonne compared with $4,000 a tonne,drawing us to concentrate more on the segment," he added.
Betagro expects to export 46,000 tonnes of chicken this year from Thailand's total of 380,000 tonnes. This comprises 365,000 tonnes of processed meat, and 15,000 tonnes of frozen chicken products, said Sanon Liawpairoj, commercial director for the poultry business of Betagro.
The group plans to export 55,000 tonnes of chicken next year because of market expansion from its three subsidiaries: Better Food Co, Ajinomoto Betagro Frozen Foods (Thailand) Co,and BFI Broiler Farm.
The group has had success in the EU the past decade.
"Our highlighted export product is the Yakitori line, which is Thailand's largest in this area in the EU with an annual export volume of 2,000 tonnes,"said Mr Sanon.
The company will showcase the BQM 24/7 at the Anuga food and beverage trade event in Cologne, Germany, which runs from this weekend through Oct 14.
The system has also been applied to its swine business. Betagro controls about 60% of the country's processed pork exports.
Suthep Tirapipattanakul, executive vice-president of the group, said more effective management would reduce operating costs by about 100 million baht a year.
"In farming, the new quality management system helps reduce rejected chicks, increases the survival rate and ultimately lowers consumer complaints,"Mr Suthep said.
Betagro Quality Management 24/7 (BQM 24/7) will not only ensure the group's entire supply and production chains from farming and processing to markets but also exceed international food safety standards, said Vasit Taepaisitphongse, chief operating officer.
"We developed a system that complies with new food safety regulations set by import countries and foreign big buyers and retailers, which normally outline tougher standards," he said.
Stringent standards from the British Retailers Consortium and Tesco Foods were fully complied with, enabling Betagro chicken products to be available at Tesco outlets in Britain this year.
Betagro implemented a trial version of BQM 24/7 for its poultry business starting in October 2008 and the programme had impressive export growth in the first half of this year. It led to sales of 4.5 billion baht, or 15% growth over the same period last year, he added.
He said the system would allow the group to expand to new export markets,particularly those with restricted food safety regulations. Revenue from exports contribute 20% of the group's total sales,which are estimated at 50 billion baht this year and 55 billion in 2010.
The system also allows Betagro to shift its focus to higher value or premium products, which he expects will account for 75% of shipments with the balance commodities."Premium products mean higher unit prices of about US$4,500 per tonne compared with $4,000 a tonne,drawing us to concentrate more on the segment," he added.
Betagro expects to export 46,000 tonnes of chicken this year from Thailand's total of 380,000 tonnes. This comprises 365,000 tonnes of processed meat, and 15,000 tonnes of frozen chicken products, said Sanon Liawpairoj, commercial director for the poultry business of Betagro.
The group plans to export 55,000 tonnes of chicken next year because of market expansion from its three subsidiaries: Better Food Co, Ajinomoto Betagro Frozen Foods (Thailand) Co,and BFI Broiler Farm.
The group has had success in the EU the past decade.
"Our highlighted export product is the Yakitori line, which is Thailand's largest in this area in the EU with an annual export volume of 2,000 tonnes,"said Mr Sanon.
The company will showcase the BQM 24/7 at the Anuga food and beverage trade event in Cologne, Germany, which runs from this weekend through Oct 14.
The system has also been applied to its swine business. Betagro controls about 60% of the country's processed pork exports.
Suthep Tirapipattanakul, executive vice-president of the group, said more effective management would reduce operating costs by about 100 million baht a year.
"In farming, the new quality management system helps reduce rejected chicks, increases the survival rate and ultimately lowers consumer complaints,"Mr Suthep said.
CPF foresees 5-10% sales growth next year
Charoen Pokphand Foods (CPF) forecasts its sales will grow by 5-10% next year with operating profits stabilising in light of a business restructuring to focus more on ready-to-eat food and animal feed.
"We are still upbeat about maintaining the growth momentum next year, with sales growth of about 5-10%on par with this year's growth," said Adirek Sripratak, president and CEO of the SET-listed flagship of Charoen Pokphand Group (CP), the country's agribusiness conglomerate.
"We also project more stabilised profit in the year to come, as we have restructured our business model from heavily depending on commodities, particularly meat for which prices are volatile, to [ready-to-eat] food and animal feeds and CP brand development."
He said CPF expected a record profit this year as overseas sales and ready-to-eat food under the CP brand increase and raw material costs have been lower than last year.
Performance has also been helped by aggressive distribution unit expansion, mainly through CP Fresh Mart and Five Star Chicken.
Currently, there are more than 500 CP Fresh Mart outlets operating, with the figure expected to expand to at least 2,000 in the future.
CPF's sales are projected to expand by 5% to 10% this year from 156.23 billion baht in 2008.
According to Mr Adirek, the company expected profits in the third quarter would be higher than in previous quarters, with profit in the final quarter probably easing as production of aquatic business will by nature drop because of cold weather.
CPF earned a record-high net profit in the second quarter of 3.19 billion baht, a year-on-year gain of 224% and up from 770.5 million in the first quarter.Sales for the second quarter increased nearly 4% to 40.6 billion baht. Six-month net profit rose to nearly 4 billion baht on sales of 75.4 billion.
Mr Adirek said earlier that CPF was aiming for a net profit of about 8 billion baht this year, from 3.12 billion in 2008.
His projection matched research by Kim Eng Securities which has recently revised up CPF's 2009 and 2010 earnings forecasts by 26% and 16% to 8.04 billion and 5.71 billion baht respectively, to reflect higher margins fuelled by low raw material costs and strong growth of the high-margin food business.
The brokerage expects CPF's results in the third quarter should increase year-on-year and even better the second-quarter result, supported by lower costs of materials, favourable meat prices, the peak export season and the ongoing growth of overseas operations.
Raw material prices, especially for corn in the harvest season, have slipped to around 6.30 baht a kilogramme from 10 baht in the third quarter in 2008.Domestic meat prices remain favourable at broilers and eggs remain at favourable levels of 56 baht a kilogramme for swine,41 baht/kg for broilers and 2.60 baht per egg.
CPF shares closed down 10 satang yesterday on the Stock Exchange of Thailand at 8.70 baht, in trade worth 401.49 million baht.
"We are still upbeat about maintaining the growth momentum next year, with sales growth of about 5-10%on par with this year's growth," said Adirek Sripratak, president and CEO of the SET-listed flagship of Charoen Pokphand Group (CP), the country's agribusiness conglomerate.
"We also project more stabilised profit in the year to come, as we have restructured our business model from heavily depending on commodities, particularly meat for which prices are volatile, to [ready-to-eat] food and animal feeds and CP brand development."
He said CPF expected a record profit this year as overseas sales and ready-to-eat food under the CP brand increase and raw material costs have been lower than last year.
Performance has also been helped by aggressive distribution unit expansion, mainly through CP Fresh Mart and Five Star Chicken.
Currently, there are more than 500 CP Fresh Mart outlets operating, with the figure expected to expand to at least 2,000 in the future.
CPF's sales are projected to expand by 5% to 10% this year from 156.23 billion baht in 2008.
According to Mr Adirek, the company expected profits in the third quarter would be higher than in previous quarters, with profit in the final quarter probably easing as production of aquatic business will by nature drop because of cold weather.
CPF earned a record-high net profit in the second quarter of 3.19 billion baht, a year-on-year gain of 224% and up from 770.5 million in the first quarter.Sales for the second quarter increased nearly 4% to 40.6 billion baht. Six-month net profit rose to nearly 4 billion baht on sales of 75.4 billion.
Mr Adirek said earlier that CPF was aiming for a net profit of about 8 billion baht this year, from 3.12 billion in 2008.
His projection matched research by Kim Eng Securities which has recently revised up CPF's 2009 and 2010 earnings forecasts by 26% and 16% to 8.04 billion and 5.71 billion baht respectively, to reflect higher margins fuelled by low raw material costs and strong growth of the high-margin food business.
The brokerage expects CPF's results in the third quarter should increase year-on-year and even better the second-quarter result, supported by lower costs of materials, favourable meat prices, the peak export season and the ongoing growth of overseas operations.
Raw material prices, especially for corn in the harvest season, have slipped to around 6.30 baht a kilogramme from 10 baht in the third quarter in 2008.Domestic meat prices remain favourable at broilers and eggs remain at favourable levels of 56 baht a kilogramme for swine,41 baht/kg for broilers and 2.60 baht per egg.
CPF shares closed down 10 satang yesterday on the Stock Exchange of Thailand at 8.70 baht, in trade worth 401.49 million baht.
CPF looking to record profits in third quarter and full year
Charoen Pokphand Foods, Thailand's biggest producer of meat and animal feed, expects to post a record profit for the third quarter and the full year on lower costs and higher overseas sales.
"We will see historically high sales and profit this year," president Adirek Sripratak said yesterday, without providing details. The company will maintain its target for sales growth of between 5 and 10 per cent this year.
Sales and also forecast to increase between 5 and 10 per cent next year, Adirek said.
Charoen Pokphand plans to sell Bt8 billion of bonds in November, he said, with the debt likely to have maturities of between three and five years.
"We will see historically high sales and profit this year," president Adirek Sripratak said yesterday, without providing details. The company will maintain its target for sales growth of between 5 and 10 per cent this year.
Sales and also forecast to increase between 5 and 10 per cent next year, Adirek said.
Charoen Pokphand plans to sell Bt8 billion of bonds in November, he said, with the debt likely to have maturities of between three and five years.
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