Monday, July 16, 2012

PIC, GreenFeed partner to capture Vietnam pig breeding market


    PIC and GreenFeed are expanding their Vietnam partnership to develop a complete pig breeding pyramid, with a portfolio of male and female PIC genetics for nationwide distribution. The two companies previously worked together in the production and distribution of genetically advanced swine semen.
    PIC and GreenFeed have registered a new company, GreenFarm, and plan to capture 18 percent of the projected commercial market in Vietnam by 2017, according to the two companies. Parent gilt production will be jump-started with the stocking of three multiplication farms, one in Hung Yen province in the north of the country and the other two in Binh Thuan and Dong Nai provinces in the south. The farms will be populated by the import of grandparents from PIC North America in late 2012 and early 2013, ahead of the stocking of the first 1,200 nucleus facility in mid-2013. In addition to the genetic seed stock, PIC will provide technical management and a complete suite of support services.
    “The new agreement builds on the success of PIC semen sales from GreenFeed’s 500-boar stud in Dong Nai," said Andrew Bateson, business development director for PIC in Asia. "PIC-sired slaughter pigs have exceeded the market’s expectations in growth rate, feed conversion, carcass yield and pork quality. By putting the female side of the equation in place, our partnership with GreenFeed will also set new standards for sow productivity."
    Vietnam’s national herd is estimated at around 3.5 million sows, which puts it second only to China in the regional rankings.

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