BPEX Export Bulletin- 10 May 2013 (Week 19)
Some 40,000 visitors have attended Hofex, a regional food and hospitality tradeshow in Hong Kong. A record of 61 British food exporters are present which, incidentally, is the largest UK mission of any kind to the Special Administrative Region (China). These included 17 red meat companies at the 'Great' British Meat branded stand.
Two exporters also attended the fair
The large contingent included pork exporters, traders and further processors including some 'niche' producers. Among the highlights of the show was the reception at the fair, addressed by Consul General, Caroline Wilson, and Director General for Trade at the Foreign Office, Barbara Woodward.
Meanwhile, in Shanghai, six British exporters attended SIAL Shanghai, the largest Chinese food show. Despite the competition of Hofex, with both shows taking place during the same week, SIAL has seen a high attendance. In total, an astonishing 25 red meat exporters from the UK were present in Greater China this week. Exporters report brisk trade and a high level of interest.
In other developments, China was rocked by another major scandal this week.
France
The "Jambon-beurre"
Pork consumers
The profile of French consumers of fresh pork and charcuterie products has been analysed by IFIP across France. High income consumers only buy fresh pork 10.1 times per year compared with 12.3 times for lower income categories. For fresh pork, the penetration rate in the north of France is higher at 90.8% compared with the Paris region at 79.6%. Older couples consume more pork, with a penetration of 97.1% whereas, young single consumers consume lesser pork with 67% penetration. Charcuterie is much more popular with all consumer categories, with a penetration rate above 99% in all regions. There are cultural differences between regions; more cooked ham is consumed in both the North and West of France, whereas dry ham is preferred in the south.
Markets
Pigs
|
Pork prices RUNGIS week commencing 6 May 2013 | |
|
Cut name |
Price range (Euro/Kg) |
|
Back fat, rind-on |
0.60 |
|
Trimmings |
1.31 |
|
Leg |
2.34 |
|
Loin including chump |
3.02 |
|
Loin excluding chump |
2.71 |
|
Belly extra without trimmings |
2.84 |
Markets
There is some downward pressure on prices across European markets due, mainly, to lower German quotes. Demand remains weak, in particular for fore-end cuts, shoulders and bellies. Legs and loins are sold at similar prices on a sluggish market. On third country markets, exports to China are weak while demand from Russia and Japan remains unchanged.
|
Danish Slaughterhouses - payments week commencing 6 May 2013 | ||
|
Slaughterhouse |
Danish Crown |
Tican |
|
Slaughter pigs (70.0 – 86.9 kg) |
Euro 1.426 |
Euro 1.426 |
|
Difference to last week |
-0.04 |
-0.04 |
|
Sows (Above 129.9 kg) |
Euro 0.945 |
Euro 0.945 |
|
Difference to last week |
-0.027 |
-0.027 |
|
Boars (Above 109.9 kg) |
Euro 0.813 |
Euro 0.813 |
|
Difference to last week |
-0.027 |
-0.027` |
Aldi celebrates its hundredth birthday
|
Pork prices Hamburg Market Week commencing 6 May 2013 | |
|
Cut name |
Price range (Euro/Kg) |
|
Round cut leg |
2.20/2.40 |
|
Leg (boneless, rindless max fat level 3mm |
3.00/3.20 |
|
Boneless Shoulder |
2.40/2.60 |
|
Picnic Shoulder |
1.90/2.10 |
|
Collar |
2.75/2.85 |
|
Belly (bone in, ex-breast) |
2.25/2.45 |
|
Sheet Boned Belly (rindless) |
2.25/2.50 |
|
Jowl |
1.50/1.75 |
|
Half Pig Carcasses U class. |
1.94/2.02 |
CampofrÃo Food Group, S.A. (162.000 tonnes), ElPozo Alimentación, S.A. (104.555 tonnes), Casa Tarradellas, S.A. (103.000 tonnes), Ind. Cárnicas Loriente Piqueras, S.A. (50.355 tonnes, dedicated to Mercadona) and Grupo Alimentario Argal, S.A. (43.495 tonnes). (Source: Alimarket)
Record exports
Higher consumption
Spanish consumption of processed pork products reached a record 543,000 tonnes in 2012 (+1.9% end product weight). However, value rose only by 0.3% to US$5.9 billion as a result of a 1.6% fall in average prices. (Source, Alimarket)
Among the latest firms facing closure are Agroibéricos Deraza, Casa del Armiño, Famila, Jamones de Serón 1880, MartÃnez Barragán and Venancio Villanueva (Embutidos Kiliki). However, investment in the pork processing industry totalled US$257.4 million in 2012. New projects include Noel, with an investment of US$12 million, and Casademont, with US$4 million. (Source, Alimarket)
|
Pork prices Barcelona Market Week commencing 6 May 2013 | |
|
Cut Name |
Price range (Euro/Kg) |
|
Gerona Loin Chops |
2.38/2.48 |
|
Loin Eye Muscle |
3.23/3.26 |
|
Spare Ribs |
2.93/2.96 |
|
Fillets |
5.23/5.26 |
|
Round Cut Legs |
2.68/2.71 |
|
Cooked Ham |
2.47/2.50 |
|
Rindless Picnic Shoulder |
1.72/1.75 |
|
Belly |
2.43/2.46 |
|
Smoked Belly with Spare Rib Section Cut off |
2.86/2.89 |
|
Shoulder chap or Head Jowls |
1.13/1.16 |
|
Back Fat, Rindless |
0.73/0.76 |
Ukraine
According to the official website of the State Veterinary and Phytosanitary Inspection of Ukraine, the state temporarily banned pork imports and other meat products from Belarus, following the death of pigs in the Baranovichskiy region. African Swine Fever (ASF) is the suspected cause. (Source, PigUa.info)
Spanish pork fat detained
China
New major scandal
With consumer confidence already rocked by bird flu, the recycling of 'gutter' oil by restaurants and the use of rats and fox meat for lamb, a new major pork scandal has hit Mainland China. Two people, hired by a county government in Fujian province to destroy pig carcasses affected by infectious diseases, have been detained for processing the carcases and selling the meat in neighbouring provinces. Some 40 tonnes of pork are thought to be involved over a 3-month period. The accomplices bought dead pigs from farmers at low prices and also collected carcasses dumped at the roadside. They also leased a refrigerated warehouse for their expanding business and hired three workers who are now at large. The meat was mainly used for processing. A further 32 tonnes of meat has been seized. The news has sparked a national outcry. (Source, South China Morning Post)
Hidden subsidies
A new book by Usha and George Haley of West Virgina and New Haven Universities unveils the hidden subsidies behind the industrial dominance of a new superpower. Yurun Group, the pork processor, comes second on the list with subsidies of US$82.3 million in 2011, representing a third of net profits. A protected market, an undervalued currency, cheap labour and availability of credit also contribute to Chinese competitiveness. The major semi-private companies are in strong states and the removal of subsidies by the central government often results in provincial government increasing theirs. (Source, The Economist)
|
Chinese wholesale prices week commencing 6 May 2013 | |||
|
　 |
Price (RMB/Kg) |
£/Kg |
change on week |
|
Pig Carcase |
18.75 |
1.97 |
n/c |
|
Source: BOACL | |||
|
Prices collected from wholesale markets in 36 medium and large Chinese cities | |||
Argentina
The pork processor has opened a new abattoir and cutting plant in San Andrés de Giles, employing 470 people with a capacity of 10,000 pigs per week and 36,000 tonnes of fresh pork and processed products. (Source, Eurocarne)
