Consumer focus on weight loss will likely lead to a decrease in global consumption over the next 15 years, says Rabobank.
Tag Archives | China
Ruud Schers, a lead author of a recent Rabobank report examining overseas agricultural acquisitions by Chinese companies, tells Agri Investor they are motivated by a mixture of economic and political goals.
The development is the first stage of the Chinese company’s plans for a 10,000 hectare agri development on Carlton Plains, which it acquired from Terra Firma-owned Consolidated Pastoral Company last year.
The World Bank’s private sector arm will provide equity and debt as a part of an effort to encourage a shift away from inefficient, environmentally harmful agricultural fertilizers in China.
The deal comes one year after CITIC Agri Fund Management was established together with Yuan Longping High-Tech Agriculture and two other listed agricultural companies.
Investors in the Kansas-based commodity trading and transportation company include Chinese private equity firm New Hope Group and Australian real assets giant Macquarie.
China will allow US beef imports as soon as possible but no later than July 16, 2017, while the US will publish a proposed rule by that same date that will allow imports of cooked Chinese poultry into the US.
With nearly 81 percent of Syngenta shares tendered and all regulatory approvals secured, the $44 billion dollar deal is on track to close in June.
The $44bn deal could close next month following ChemChina’s recent announcement that the public tender offer for Syngenta shares will end May 4.
Rabobank projects animal protein demand growth will be strongest for beef and says future investments by domestic animal protein firms will concentrate on technology transfer.