Chinese economy

January 2021 China dairy economic monthly report From Economic observation of dairy industry

The following is the January 2021 China dairy economic monthly report From Economic observation of dairy industry recommended by recordtrend.com. And this article belongs to the classification: Chinese economy.

1、 Overall situation analysis

1. Fresh milk market

Fresh milk prices continued to rise, corn prices rose, soybean meal prices were stable

According to the monitoring data of the Ministry of agriculture and rural areas, the price of fresh milk rose every week in December, which was higher than that in other months. It has risen for 25 consecutive weeks. The monthly average price in December was 4.15 yuan / kg, up 3.0% month on month and 8.2% year on year. The price in the last week reached 4.21 yuan / kg, up 0.7% from the previous week and 9.9% year on year. The monthly average price of corn was 2.62 yuan / kg, up 2.1% month on month and 25.1% year on year; the monthly average price of soybean meal was 3.46 yuan / kg, down 0.1% month on month and 5.0% year on year.

Fresh milk production increased by 9.7%

According to the monitoring data of the fresh milk purchasing station of the Ministry of agriculture and rural areas, in 2020, China’s dairy cattle stock increased by 9.8% year on year, and the milk production increased by 9.7% year on year, the largest increase since 2008. The quality of the dairy industry has been improved, the average annual yield of dairy cows is expected to reach 8.3 tons, and the benefit of dairy farming continues to improve, reaching about 6000 yuan per head, which is the best year since the 13th five year plan.

2. Dairy processing

From January to November 2020, the output of liquid milk in China was 23.5581 million tons, with a year-on-year increase of 3.13%

According to the data of the National Bureau of statistics, from January to November 2020, the national liquid milk output was 23.5581 million tons, with a year-on-year increase of 3.13%, of which the output in November was 2.2266 million tons, with a year-on-year increase of 6.71%.

From January to November 2020, the output of dry dairy products in China was 1.6683 million tons, a year-on-year decrease of 2.06%

According to the data of the National Bureau of statistics, from January to November 2020, the output of dry dairy products in China was 1.6683 million tons, a year-on-year decrease of 2.06%, of which the output in November was 1.633 million tons, a year-on-year increase of 5.84%.

From January to November 2020, the national milk powder output was 910400 tons, a year-on-year decrease of 10.11%

According to the data of the National Bureau of statistics, the national milk powder output from January to November 2020 was 910400 tons, a year-on-year decrease of 10.11%, of which the output in November was 93900 tons, a year-on-year decrease of 0.98%.

From January to November 2020, the sales revenue of the national dairy processing industry was 381.927 billion yuan, an increase of 6.67%, and the total profit was 32.730 billion yuan, a decrease of 1.96%

According to the data of the National Bureau of statistics, 572 enterprises entered the statistical range from January to November 2020, 4 more than the data from January to October, including 120 loss making enterprises, 13 less than the data from January to October, with a loss ratio of 21.0%; the main business income of dairy enterprises above designated size was 381.927 billion yuan, with a year-on-year increase of 6.67%; the total profit was 32.730 billion yuan, with a year-on-year decrease of 1.96%; the growth rate of total profit turned negative again, and the sales volume decreased The profit margin was 8.57%, 0.38 percentage point higher than the data from January to October.

3. Dairy Enterprise News

Yili Henan Zhumadian high-end intelligent dairy products processing base signed an investment cooperation contract; Mengniu plans to invest 3 billion yuan to hold miaolandou; new dairy acquires 60% equity of “a sour milk cow” of yogurt tea brand; children’s cheese brand “miaofei” has completed round B financing of nearly 100 million yuan.

4. Import of dairy products

In November 2020, the import of milk powder, condensed milk, yoghurt, cream and infant formula decreased year on year, while the import of other dairy products increased

According to the data of the General Administration of customs, in November 2020, the import volume of industrial milk powder, condensed milk, yoghurt, cream and infant formula powder decreased year-on-year, while the import volume of other dairy products increased year-on-year. The import volume of industrial milk powder was 75700 tons, down 13.9%, the import volume of infant formula powder was 29200 tons, down 15.7%, the import volume of fresh milk (pasteurized milk and UHT milk) was 104300 tons, up 31.5%, and the import volume of whey was 6.13% From January to November, the import of industrial milk powder was 901800 tons, a year-on-year decrease of 2.1%, the import of infant formula milk powder was 307000 tons, a year-on-year decrease of 4.1%, and the import of fresh milk was 921400 tons, a year-on-year increase of 13.0%.

5. International market

The price of milk powder rises in the international market

In December 2020, the price index of milk powder rose in two online auctions of GDT, with a higher rise for the first time. Compared with the last auction, in the 273rd auction held on December 1, the auction price of skimmed milk powder was US $2889 / T, with a price index increase of 3.6%; and that of whole milk powder was US $3182 / T, with a price index increase of 5.0%. At the 274th auction held on December 15, the price index of skimmed milk powder was 2930 US dollars / ton, up 1.2%; the price index of whole milk powder was 3210 US dollars / ton, up 0.5%.

2、 Milk production

1. Fresh milk production

Year on year increase of fresh milk production by 9.7% in 2020

It was learned from “the 7th China alfalfa & Oatgrass Symposium 2020” that China’s dairy cattle stock and milk production will achieve considerable growth in 2020. According to the monitoring data of the Ministry of agriculture and rural areas, in 2020, China’s dairy cattle stock increased by 9.8% year on year, and the milk production increased by 9.7% year on year, the largest increase since 2008. The quality of the dairy industry has been improved, the average annual yield of dairy cows is expected to reach 8.3 tons, and the benefit of dairy farming continues to improve, reaching about 6000 yuan per head, which is the best year since the 13th five year plan.

2. Fresh milk market

Figure 2-1 national weekly price monitoring of fresh milk by Ministry of Agriculture

2016.01-2020.12

Table 2-1 Ministry of Agriculture monitors 10 major dairy producing provinces (regions)

Average price of fresh milk

Hebei 2021 first quarter fresh milk trading reference price 4.04 yuan / kg

On December 25, Hebei Province’s raw and fresh milk price coordination meeting for the first quarter of 2021 issued that the reference price of raw and fresh milk trade in Hebei Province in the first quarter of 2021 was 4.04 yuan / kg, and the minimum price was 3.88 yuan / kg. Encourage high quality and good price.

The reference price of raw and fresh milk in the first quarter of 2021 in Heilongjiang Province is 3.90 yuan / kg

According to the requirements of the notice of the general office of Heilongjiang Provincial People’s Government transmitting the opinions of the provincial Price Supervision Bureau and other departments on further improving the price management of fresh milk purchase and sale (heizheng Ban Fa [2010] No. 31), the provincial raw and fresh milk price coordination committee determined the reference price of raw and fresh milk transaction for mechanized milk pressing in the first quarter of 2021 by calculating and widely soliciting opinions from all parties The price is 3.90 yuan / kg, the lowest is not less than 3.70 yuan / kg, which is the price settled by dairy enterprises to dairy farmers.

The purchase price of raw and fresh milk in Shanghai in the first half of 2021 is 4.03 yuan / kg

According to the provisions of Shanghai fresh milk price negotiation mechanism, the Shanghai Dairy Industry Association convened the representatives of dairy farmers and Guangming dairy industry to fully discuss and negotiate. In view of the current situation of milk prices and milk consumption market all over the country, dairy farmers and dairy enterprises reached an agreement: in the first half of 2021, the basic price of raw and fresh milk in Shanghai is 4.03 yuan / kg, with the original high quality, good price and high price The program of grade reward, psychrophilic bacteria, milk fat rate, milk protein rate capping, two disease detection and grading reward standard of original pasture linked with milk price remained unchanged. The total number of colonies was detected per vehicle. The implementation period of fresh milk price is from January 1, 2021 to June 30, 2021.

3. Feed materials

In December 2020, domestic corn price will rise by 2.1% month on month

According to the monitoring data of the Ministry of agriculture and rural areas, the monthly average price of corn in December 2020 was 2.62 yuan / kg, up 2.1% month on month and 25.1% year on year. The average price of corn in the three northeast provinces of the main production area was 2.47 yuan / kg, up 2.8% on a month on month basis; the price of corn in Guangdong Province was 2.78 yuan / kg, up 3.3% on a month on month basis.

In December 2020, the domestic soybean meal price dropped by 0.1% on a month on month basis

According to the rural monitoring data of the Ministry of agriculture, the monthly average price of soybean meal in December 2020 was 3.46 yuan / kg, a month on month decrease of 0.1% and a year-on-year increase of 5.0%.

three

three

Construction of milk source base

1. Large scale ranch construction project

Adopt a cow and sign a contract with Inner Mongolia kezuohou banner for 60000 head milk source base project

On December 21, Tongliao municipal government of Inner Mongolia, kezuohou banner government and Hebei adoptive yitouniu Dairy Co., Ltd. held the signing ceremony of strategic cooperation agreement of dairy industrial park project.

With a total investment of 5 billion yuan, the project is planned to build a dairy industrial park in kezuohou banner. The project is divided into three phases. It is planned to build a milk source base with more than 60000 cows in the first phase, a ruminant feed processing plant with an annual output of 200000 tons in the second phase, and a milk powder production model factory and demonstration base in the third phase to build a whole chain dairy industry and promote the revitalization of dairy industry in kezuohou banner and even Tongliao City.

Guangming animal husbandry invested in the construction of Zhongwei pasture in Ningxia and Funan pasture in Anhui, and expanded the rich pasture in Heilongjiang

Recently, Bright Dairy held the 51st meeting of the 6th board of directors by means of communication voting, deliberated and passed five motions, four of which are related to pasture.

1、 Capital increase of Jiangsu Yinbao Guangming animal husbandry Co., Ltd

It is agreed that Guangming animal husbandry Co., Ltd. will increase capital of 196 million yuan to Jiangsu Yinbao Guangming animal husbandry Co., Ltd. in cash according to the shareholding ratio. After the capital increase, the registered capital of Jiangsu animal husbandry changed from RMB 100 million to RMB 500 million, of which Guangming animal husbandry Co., Ltd. holds 49% and Jiangsu Yinbao Holding Group Co., Ltd. holds 51%.

2、 New Zhongwei dairy farm project invested by Guangming animal husbandry

It is agreed that Guangming animal husbandry Co., Ltd. will build a dairy farm in Shapotou District, Zhongwei City, Ningxia, with a total investment of about 461 million yuan. Company name: Zhongwei Guangming ecological demonstration farm Co., Ltd. (subject to the final industrial and commercial registration approval); registered capital: 250 million yuan.

3、 New Funan dairy farm project invested by Guangming animal husbandry

We agree that Guangming animal husbandry Co., Ltd. will build a dairy farm in Funan County, Fuyang City, Anhui Province, with a total investment of about 355 million yuan. Company name: Fuyang Guangming ecological demonstration farm Co., Ltd. (subject to the final industrial and commercial registration approval); registered capital: 170 million yuan.

4、 Expansion project of hachuan ranch in Fuyu County of Guangming animal husbandry

It is agreed that Guangming animal husbandry Co., Ltd. will expand hachuan ranch in Fuyu County, Qiqihar City, Heilongjiang Province, with a total investment of about 98.8132 million yuan.

four

four

Dairy processing

1. Dairy production

From January to November 2020, the output of liquid milk in China was 23.5581 million tons, with a year-on-year increase of 3.13%

According to the data of the National Bureau of statistics, from January to November 2020, the national liquid milk output was 23.5581 million tons, with a year-on-year increase of 3.13%, of which the output in November was 2.2266 million tons, with a year-on-year increase of 6.71%.

From January to November, five of the top 10 provinces with liquid milk output increased by 15.9969 million tons year-on-year, accounting for 67.90% of the total output of the country. Hebei Province produced 3.0718 million tons, a year-on-year decrease of 2.31%, accounting for 13.04% of the total output of the country, ranking first in the country. The total output of these 10 provinces in November was 1.5115 million tons, up 8.84% year-on-year, accounting for 67.88% of the total output of that month. The output of Hebei Province was 301 500 tons, up 3.30% year-on-year, accounting for 13.54%, ranking first in China.

Table 4-1 liquid milk production in China and major provinces from January to November 2020

Unit: 10000 tons

Note: according to the output statistics of dairy enterprises above Designated Size (with annual sales of 20 million yuan and above), the number of enterprises is different every year.

Figure 4-1 monthly output of liquid milk in China, 2019-2020

Figure 4-2 annual output of liquid milk in China, 2000-2019

From January to November 2020, the output of dry dairy products in China was 1.6683 million tons, a year-on-year decrease of 2.06%

According to the data of the National Bureau of statistics, from January to November 2020, the output of dry dairy products in China was 1.6683 million tons, a year-on-year decrease of 2.06%, of which the output in November was 1.633 million tons, a year-on-year increase of 5.84%.

From January to November, among the top 10 provinces of dry dairy products output, 6 provinces were increasing year-on-year, with a total output of 1.3448 million tons, a year-on-year decrease of 3.93%, accounting for 80.61% of the total national output. Heilongjiang province had the highest output, 368500 tons, a year-on-year increase of 2.09%, accounting for 22.09% of the total national output. The total output of these 10 provinces in November was 131100 tons, a year-on-year increase of 5.40%, accounting for 80.24% of the total output in November. The output of Heilongjiang was 37500 tons, a year-on-year increase of 31.15%, accounting for 22.94%, ranking first.

Table 4-2 the output of dry dairy products in China and major provinces from January to November 2020

Unit: 10000 tons

Note: according to the output statistics of dairy enterprises above Designated Size (with annual sales of 20 million yuan and above), the number of enterprises is different every year.

Figure 4-3 monthly output of dry dairy products in China, 2019-2020

Figure 4-4 annual output of dry dairy products in China, 2000-2019

From January to November 2020, the national milk powder output was 910400 tons, a year-on-year decrease of 10.11%

According to the data of the National Bureau of statistics, the national milk powder output from January to November 2020 was 910400 tons, a year-on-year decrease of 10.11%, of which the output in November was 93900 tons, a year-on-year decrease of 0.98%.

From January to November, among the top five provinces of milk powder production, there were three provinces with a year-on-year growth. The total output of the five provinces was 711500 tons, a year-on-year decrease of 10.67%, accounting for 78.16% of the total output of the country. Heilongjiang ranked first in terms of output, 360500 tons, a year-on-year increase of 0.11%, accounting for 39.60% of the total output. The total output of these five provinces in November was 75200 tons, a year-on-year increase of 0.20%, accounting for 80.04% of the total output in November.

Table 4-3 milk powder output of China and major provinces from January to November 2020

Unit: 10000 tons

Figure 4-5 monthly output of milk powder in China, 2019-2020

Figure 4-6 annual output of milk powder in China, 2008-2019

2. Economic indicators

From January to November 2020, the sales revenue of the national dairy processing industry was 381.927 billion yuan, an increase of 6.67%, and the total profit was 32.730 billion yuan, a decrease of 1.96%

According to the data of the National Bureau of statistics, 572 enterprises entered the statistical range from January to November 2020, 4 more than that from January to October, including 120 loss making enterprises, 13 less than that from January to October, with a loss ratio of 21.0%. According to the statistics of the National Bureau of statistics, the number of enterprises with annual sales of more than 20 million yuan has increased, indicating that more enterprises are getting better.

From January to November, the main business income of dairy enterprises above designated size was 381.927 billion yuan, up 6.67% year on year; the total profit was 32.730 billion yuan, down 1.96% year on year; the growth rate of total profit turned negative again, and the sales profit margin was 8.57%, 0.38 percentage point higher than the data from January to October.

Table 4-4 economic indicators of national dairy processing industry from January to November 2020

Unit: RMB 100 million

3. Key dairy enterprises

Yili Henan Zhumadian high end intelligent dairy products processing base investment cooperation signing

On December 7, 2020, Zhumadian Municipal Government of Henan Province and Yili Group held a signing ceremony for investment cooperation of processing base project, marking a new stage of strategic cooperation between the two sides. Suiping county and Xiping County signed project cooperation agreements with Yili Group respectively.

In April 2020, Yili Group and Zhumadian Municipal Government signed a strategic cooperation framework agreement to jointly build a demonstration project of high-end dairy industry cluster with an investment of nearly 3 billion yuan, which will achieve 100000 cows and an average daily milk yield of 1500 tons, so as to build a world-class high-end milk processing base.

On October 12, 2020, Zhumadian Yili Group high-end dairy industry cluster demonstration project and 100000 cows ecological breeding demonstration base project officially started construction in Xiping County.

Mengniu plans to invest 3 billion yuan to hold miaolandou

On the evening of December 13, the company announced that it plans to issue no more than 101 million shares in private, with an issue price of 29.71 yuan per share and a fund-raising of no more than 3 billion yuan. The issuing object is Inner Mongolia Mengniu, which will be subscribed in cash. After the completion of this offering, Mengniu will hold 23.80% of the shares in mclardo, and Chai Xiu, the original actual controller, and its subsidiaries will hold 15.95% of the shares in mclardo. Mengniu will take control of miaolandou and become the controlling shareholder of miaolandou.

New Dairy Co., Ltd. acquired 60% equity of yogurt tea brand “a sour cow” with 231 million yuan

On the evening of January 5, new dairy announced that it would purchase 60% of the equity of “a sour cow”, a pioneer and leader of domestic sour milk tea drinks, for 231 million yuan.

Luxehome is a popular yogurt tea drink popular among young people. “Sour cow” has more than 1000 stores in southwest, central, East, North China and Southern China. Its WeChat official account has millions of fans, small program members reach 800 thousand, Alipay word of mouth members are over 1 million 700 thousand, women under 30 years old are the main customers, and in 2019 only tens of millions of cups were sold. . After taking a stake in “a sour cow”, new dairy will enter its online and offline channels to further deepen the change of “fresh strategy” in the era of quality consumption.

According to the announcement, the brand of “a sour cow” has the attributes of new customers, new scenes and new consumption. It can enable the “three new” strategy of new dairy industry, which is fresh, trendy and new technology. It can promote the company’s layout in terminal channels, broaden the entrance of private domain traffic, realize users’ accurate operation and service, promote the company’s digital strategic transformation, broaden the layout in new retail, and improve the company’s competitiveness Long term value.

Cody filed for bankruptcy reorganization

On the evening of December 24, Henan Kedi Dairy Co., Ltd. announced that on December 22, the company received the civil ruling of Shangqiu intermediate people’s court forwarded by the controlling shareholder Kedi Food Group Co., Ltd. (hereinafter referred to as “Kedi group”), and the creditor Wei Junping said that Kedi group’s assets were insufficient to pay off all debts, obviously lack of solvency, and still had restructuring value The company filed an application for bankruptcy reorganization.

At present, the court has accepted the application and made the following ruling. According to the asset status, technology, production and sales, industry prospects and other factors of Kedi group, it can be basically recognized that Kedi group has the value of reorganization and the possibility of rescue, and Kedi group has certain feasibility of successful reorganization.

As a key leading enterprise of agricultural industrialization in China, Kedi group, with a history of more than 30 years, has achieved the achievement that the comprehensive strength of its subsidiary Kedi dairy ranked first in Henan Province, Kedi quick freezing ranked third in China, and Kedi noodle ranked second in Henan Province. However, in July 2019, Kedi dairy defaulted over 100 million milk payments to dairy farmers as the fuse, and the whole “Kedi Department” gradually presented problems such as operating difficulties, wage arrears, and tight funds. The crisis of Kedi group immediately surfaced and is now under investigation by the CSRC.

Children’s cheese brand “miaofei” completed round B financing of nearly 100 million yuan

It took miaofei only one year from the launch of the product to the completion of multiple rounds of financing. On December 29, tianyancha information showed that miaofei, a children’s cheese brand, has completed nearly 100 million yuan of round B financing. This round of financing is mainly led by hillhood venture capital, followed by Zhongding capital and its old shareholder Jingwei China. The amount of financing will be mainly used in capacity improvement and market investment. In the view of the industry, the reason why miaofei was quickly favored by the capital market is related to the fact that its founder once served as a senior executive in Yili cheese division and miaofei Landuo.

This is miaofei’s second financing this year. On July 2, miaofei completed a round of financing led by Jingwei China. Since its establishment, miaofei has obtained two consecutive rounds of financing in two years and is favored by the capital market.

Miaofei was founded in 2018, and its children’s cheese sticks, cheese bars and other products were launched in early 2019. As of November this year, miaofei has initially completed the nationwide offline layout, and has settled in more than 300 retail systems nationwide, including Yonghui, RT mart, Century Lianhua, Carrefour, China Resources Wanjia, Wumart and Jingkelong, covering 40000 outlets and mainstream e-commerce platforms.

Read more: October 2020 China dairy economy monthly report November 2020 China dairy economy monthly report dairy economy observation: May 2020 China dairy economy monthly report dairy economy observation: March 2020 China dairy trade Monthly Report July 2019 China dairy economy monthly report people’s Bank of China: questionnaire survey report of urban depositors in the first quarter of 2019 sharing opportunities: China International Import Expo Impact on commercial real estate market (download attached) China Bureau of Statistics: profits of Industrial Enterprises above designated size increased by 16.2% from January to August 2018 Ministry of Commerce: foreign investment absorption in China in 2017 people’s Bank of China: implementation report of China’s monetary policy in Q1 2018 (download attached) Ministry of Commerce: development report of China’s cocoon and silk industry in 2019 General Administration of Customs Total value of import and export in December 2020 (RMB value) General Administration of Customs: total value of import and export in December 2020 (US dollar value) General Administration of Customs: total value of import and export of major countries (regions) in December 2020 (US dollar value) General Administration of Customs: volume value of import of key commodities in December 2020 (US dollar value)

If you want to get the full report, you can contact us by leaving us the comment. If you think the information here might be helpful to others, please actively share it. If you want others to see your attitude towards this report, please actively comment and discuss it. Please stay tuned to us, we will keep updating as much as possible to record future development trends.

RecordTrend.com is a website that focuses on future technologies, markets and user trends. We are responsible for collecting the latest research data, authority data, industry research and analysis reports. We are committed to becoming a data and report sharing platform for professionals and decision makers. We look forward to working with you to record the development trends of today’s economy, technology, industrial chain and business model.Welcome to follow, comment and bookmark us, and hope to share the future with you, and look forward to your success with our help.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button