Genesus, overview of world markets. Southeast Asia. April 2024

Thailand

Thailand's pig industry plans to cut production by 450,000 piglets from March to August to boost the price of live pigs, which has been below production costs for more than a year.

The Thai Pig Breeders Association, a national group of pig producers, has called on pig farms with more than 2,000 sows to donate piglets weighing 3 to 7 kg (6.5 to 13 lb) to the association. These piglets will then be sent for processing and prepared as suckling pigs for sale.

Since March, approximately 20,000 piglets have been removed from farms. However, the price of live pigs is unlikely to increase. Despite the association's attempt to raise the price in the first week of April, the price remained unchanged, reflecting the fact that the glut of live pigs and smuggled frozen pork remains rampant.

Demand for pork in Thailand remains weak as the country's economy shows very little growth.

The price of live pigs in Thailand in the first week of April ranges from 58-66 THB/kg or $1.6-1.8 US/kg. Data from the Thai Pig Breeders Association shows that the average production cost is THB 80/kg or $2.2 US/kg.

Vietnam

Currently the price of pigs is 59,000 – 60,000 VND/kg in the north; 58,000 – 61,000 VND/kg in the central region of the country and 60,000 – 62,000 VND/kg in the south. The average price will be around VND59,800/kg live weight ($1.09 US/kg or $2.40 US/kg live weight). More detailed information can be found by following the link: vietnambiz.vn/gia-heo-hoi-hom-nay-206-dong-loat-dung-yen-trong-ngay-dau-tuan-2022619173038670.htm.

Pork consumption in Vietnam is 38.18 kg per capita per year (84 lbs), the highest among Asian countries.

Vietnam-China: Countries signed a memorandum of understanding to establish a FMD-free zone by introducing the use of appropriate vaccines (Source: nhachannuoi.vn/viet-nam-trung-quoc-ky-ban-ghi-nho-xay-dung-vung- sach-benh-lo-mom-long-mong-co-su-dung-vac-xin/).

THACO AGRI: By 2024 , the company will expand the herd to more than 136,000 sows, and the cow herd will exceed 150,000 heads (Source: nhachannuoi.vn/thaco-agri-nam-2024-se-phat-trien-dan-heo-tren- 136-000-con-dan-bo-tren-150-000-con/).

Conference on the implementation of rules for state quality control of imported animal feed (Source: cucchannuoi.gov.vn/tin-tuc-su-kien-tieu-bieu/hoi-nghi-trien-khai-quy-dinh-kiem-tra-nha- nuoc-ve-chat-luong-thuc-an-chan-nuoi-nhap-khau-288394).

Philippines

The first quarter of 2024 saw significant changes in the ongoing fight against African swine fever ( ASF) .) in the Philippines. Despite concerted efforts by government and industry stakeholders to control and prevent the spread of ASF, challenges remain, highlighting the importance of continued vigilance and preventive measures.

Ongoing ASF cases: In the first quarter of 2024, ASF outbreaks were reported in several regions of the Philippines. Despite efforts to contain this swine disease, intermittent outbreaks have occurred on both large commercial farms and small households, resulting in significant losses among pig farmers.

Impact on the Pork Industry: The new wave of ASF has had major impacts on the pork industry, resulting in decreased pork production, supply chain disruptions, and increased production costs. Small farmers in particular have been hit hard, many of whom are struggling to recover from the economic losses they have suffered. However, live weight pig prices remain stable and this trend is expected to continue in the coming months.

As the ASF situation in the Philippines remains fluid, stakeholders are urged to remain vigilant and proactive in their efforts to prevent and control the spread of the virus. Enhanced biosecurity measures and strict adherence to quarantine protocols are necessary to minimize the impact of ASF on the pig industry.

NEW GUINNESS RECORD

This year, the National Pig Federation (NATFED) organized the National Pork Industry Festival 2024, which set a new Guinness World Record for the most diverse menu with 313 pork dishes served. The festival also aims to promote food self-sufficiency, security, sovereignty of the local agricultural sector and promote the growth of food tourism.

The three-day pork industry festival opened at Araneta Center, Quezon City on March 1. A total of 341 pork dishes were presented on the exhibition site so that representatives of the Guinness Book of Records could carefully study, count and examine everything. The pork dishes were prepared by participating restaurants and culinary schools and then displayed in long rows of display booths. Of the 341 dishes, only 313 met Guinness Book recommendations. Official Guinness World Records judge Sonia Ushiroguchi, along with experts from the pork industry, judged the food on display and set a new world record, making the event a resounding success and bringing another major world record to the Philippines.

The 2024 National Pig Festival celebrates the resilience, ingenuity and cultural heritage of the Philippine pork industry in the face of complex challenges and challenges. it serves as a platform for farmers, stakeholders and enthusiasts to come together, exchange ideas and showcase their achievements. Through celebrations, education and camaraderie, the festival honors the vital role of the pork industry in the Philippines and promotes optimism for the future of the industry.

Hog Congress and Trade Show (HOGCON) 2024 - Iloilo, Philippines

Team GENESUS Philippines and I will be attending the Hog Congress and Trade Show at the Iloilo Convention Center in the Philippines from April 18 to 20, 2024. Come find out how Genesus genetics can improve the performance of your swine herd, maximize your profit over feed costs, and significantly improve the palatability of the pork you produce using the Genesus - Jersey Red Duroc Terminal Stud Boar to help increase consumption Pork: Per capita pork consumption in the Philippines is 14.51 kg compared to Vietnam at 38.18 kg. The Philippines has enormous potential to boost pork sales.

We will be sincerely glad to meet you again!

Sri Lanka

Genetics company Genesus makes first shipment of GGP breeding stock to Sri Lanka

Cargills, a leading food retailer and manufacturer in Sri Lanka, has taken steps to import GGP breeding stock of Yorkshire, Landrace and Duroc breeds to Genesus South East Asia from Genesus to upgrade his Chuti Duwa breeding farm in Marawila. The pigs arrived safe and sound in Sri Lanka on February 20, 2024.

Cargills, founded in 1844 as a free circulation warehouse, importers and wholesale operators in Ft. The high-end department store of yesteryear, which caters to a limited clientele, has been supplying and manufacturing since 1993, when it acquired a MEAT processing facility in Mattakulia. Since then, its wholly owned subsidiary Cargills Comfort Foods Limited has become the country's leading meat products manufacturer, operating brands such as Goldi, Sam's and Cargills Finest. These products are available at Cargills Retail stores, other modern supermarket outlets, and general retail stores.

By importing live pigs, the company aims to support livestock farms in Sri Lanka as a breeding farmChuti Duva will act as a central hub through which it will distribute animals with high Genesus genetic qualities to smallholder pig farmers in the country. The consignment, which will be flown by Sri Lankan Airlines, will also improve the quality and availability of meat in the country. This will further support Sri Lanka's hospitality industry by offering high-quality pork not only to local residents, but also to tourists. Cargills is also a leading exporter of prepared meat products such as bacon to India, bringing foreign exchange into the Sri Lankan county.

Cargills has decided to partner with Genesus Southeast Asia Inc., the exclusive distributor of Genesus genetics in Southeast Asia and Sri Lanka. Genesus has the world's largest registered population of purebred pigs with high levels of HEALTH due to their ability to adapt to the high temperatures of the Asian climate and ease of husbandry and management.

The project, led by Paul Anderson, General Manager of Genesus Southeast Asia Inc., provides Cargills technical support to the country's pig farmers not only on-farm, but also remotely, ensuring mutual success in introducing Genesus genetics to Sri Lanka. -Lanka. Simon Oxby, Genesus Technical Support Manager South East Asia will spend two weeks with the Cargills team before and after delivery to provide training and advice on how to get the best results when working with Genesus breeding stock.

Genesus' teams of geneticists and meat quality scientists have been the foundation that has enabled hundreds of our customers to produce over 25 weaned pigs per sow per year and increase pig weaned per sow per year on our top farms. Our terminal line genetics are based on scientific data that translates into real production results for you, the Genesus customer.