Seed China News 1702 - Monthly Market Report
It is a monthly published newsletter, which can be downloaded in PDF format. The subscription period is yearly, grants the subscriber 12 issues in total.
Chinas seed industry is changing rapidly as the government struggles to create an industry ready to compete with the seed giants of the US and Europe. Accelerating M&A, increasing investment in R&D, strengthening new variety rights and the possible relaxation of restrictions on GMO are all trends that could transform the industry.
Seed China News will help you stay ahead of the game in this fast-changing market with real-time reporting on everything affecting Chinas seed market, from new research to fluctuations in the grain markets. This includes:
Breaking news from China and abroad
The latest market data, including price information, import/export data, production, consumption, operating rates, etc.
In-depth analysis of market trends, Chinese government policy, the performance of leading Chinese producers, M&A, new technologies, and more
Expert commentary from industry insiders, including regular guest articles and interviews with insiders at leading Chinese manufacturers, associations and government organizations"
Headlines
Yunnan Quchen made profits of USD2.32 million from corn seed business in 2016, accounting for 96.44% of its total income.
In 2017, Henan Qiule is planning to apply for a line of credit of USD47.97 million (RMB330 million) to support its business.
On 14 March, 2017, Beidahuang Kenfeng announced an investment in establishing a wholly-owned subsidiary, Huhan Kenfeng. The investment will be contributed in cash.
Hebei Wotu conducted its first stock issuance this year to enhance its overall operating capacity and competitiveness and to ensure its business expansion and sustainable development. On 23 Feb., 2017, Hebei Wotu announced that its first stock issuance in 2017 had completed.
On 28 Feb., 2017, Shandong Denghai published topline data of its 2016 financial report, revealing a favourable performance.
Shandong Denghai plans to increase fundings for its subsidiaries, in order to facilitate their business expansions and strategic developments and enhance their competitiveness.
Shandong Denghai plans to establish subsidiaries in order to strengthen its core competitiveness by integrating human and technology resources, speeding up technical innovations and breeding superior seeds that better meet the market demand and have independent intellectual property. It will also enlarge the Shandong Denghais sales market by making full use of its subsidiary advantages.
On 20 to 21 Feb., 2017, at training courses about how to accelerate the development of modern seed industry held by MOA, officials of the Bureau of Seed Management of the MOA interpreted QR codes on tags of crop seeds to representatives of seed businesses.
This article will present opinions of three key figures in Chinas seed industry about the development of the industry.
Up to 24 Feb., 2017, planting area of corn in non-corn-dominant areas declined obviously in China. Farmers in corn-dominant areas adopted a wait-and-see attitude, so the price of corn seeds decreased for its excessive supply in a slumped market .
Up to 24 Feb., 2017, Chinas rice seed market opened on schedule and has functioned well.However, in the middle and latter periods, the price of hybrid seeds may experience decrease and fluctuation.
Up to 24 Feb., 2017, Chinas cotton, soybean and peanut markets opened on schedule and have functioned well.
MOA recently issued the Notice on Seeds Market Supervision and Species Preservation, calling for cracking down on illegal production and sale of GM seeds. Insiders of the seed industry stated that the elimination of illegal production and sale of those seeds is an arduous task and some seeds, smuggled from Argentina, have been planted by some Chinese farmers over a large area.
Editors Note
1 Company Dynamics
1.1 Yunnan Quchen makes profit of USD2.32 million from corn seed business in 2016
1.2 Yunnan Quchen planning to distribute USD0.19 cash for every 10 shares
1.3 Henan Qiule applying for credit line of USD47.97 million in 2017
1.4 Beidahuang Kenfeng to establish wholly-owned subsidiary Wuhan Kenfeng
1.5 Hebei Wotu raises USD320,000 from its first stock issuance of 2017
1.6 Shandong Denghai publishes topline data revealing favourable performance
1.7 Shandong Denghai to increase fundings for its subsidiaries
1.8 Shandong Denghai to establish subsidiaries
2 Market Dynamics
2.1 Chinas corn seed production area reaches 0.27 million ha in 2017
2.2 Market size of Chinas seed market stabilises at USD11.67 billion
2.3 MOA: QR codes on tags on seed packing bags used as service instead of limitation
2.4 Opinions on development of Chinas seed industry
2.5 Prices and supply of corn seeds in China up to 24 Feb., 2017
2.6 Prices and supply of rice seeds in China up to 24 Feb., 2017
2.7 Prices and supplies of cotton, soybean and peanut seeds in China up to 24 Feb., 2017
2.8 Some Chinese farmers plant GM seeds smuggled from Agentina over large area
3 Variety Dynamics
3.1 China accelerating construction of molecular fingerprints of various crops
3.2 Six corn varieties become major corn varieties in Tianjin in 2017
3.3 Ten corn varieties become major corn varieties in Zhejiang in 2017
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