Rendering Aquafeeds

8/10/2019 Rendering Aquafeeds

1/27

Latin America

German DavalosNRA Convention

Naples, Oct. 2013

National Renderers Association


2/27

Mexico


3/27

Mexico

27.5

28.1

28,5 28,4 28.4

2009 2010 2011 2012 2013*


4/27

Mexico - Poultry


5/27

Mexico Poultry

63% of total livestock production Consumes 15 MMT of feed / year

Avian Influenza 2012:

During the second half of the year Mexico suffered an!"#$%&'( !* +,-+./ 0'#+!-&1,2 34,'1 516."&17'89:; ,1 2!


6/27

Mexico Poultry

@+& 2!=# !* #+,= !"#$%&'( *%!< ?"1& #! #+& &1A !*BCDB E'= F9GC H,..,!1 *%!< #+&

3= !* P2#J BCD;I QGN !* .'/,1- +&1= 1"


7/27

Mexico Poultry

Avian Influenza 2013:

A new outbreak at the beginning of the yearaffected breeding hens in the state of Guanajuato(Bachocos farms were affected), with a cost of$170 million

It caused the loss of more than 4 million birds Almost one million were heavy breeders (fertile

egg producers) The rest: broilers


8/27

Mexico Poultry

Avian Influenza 2013: In July, Bachoco announced it was buying U.S.

based Morris Hatchery reproduction farms, locatedin Arkansas

This strategic acquisition immediately bolstered itssupply of incubated eggs for its operations inMexico and the U.S.

As of Oct. 2013, chicken production is back atnormal levels


9/27

Mexico - Aquaculture


10/27

Mexico Aquaculture

Aquafeed Production (TMT)

232.0 213.8172.8

36.0 41.341.9

0.0

50.0

100.0

150.0

200.0

250.0

300.0

2010 2011 2012Shrimp Fish


11/27


12/27

Mexico Shrimp

The states of Nayarit, Sinaloa, and Sonoraaccount for 80% of farmed raised shrimp

production of approximately 120 TMT undernormal circumstances

Shrimp production for 2013 predicted todecrease by at least 60%

Price of Shrimp in the international marketdoubled driven by additional demand fromChina


13/27

Asia Shrimp (FAO 2013)

Shrimp Production Growth 08/11 vs. 11/15


14/27

Latin America Shrimp (FAO 2013)

Production 2008 - 2015


15/27

Latin America Shrimp (FAO 2013)

Production 2008 - 2015


16/27

World fish production


17/27

World - Aquaculture

Fish for direct human consumption isincreasing as a smaller share of captures isdestined for ! sh meal production. On a percapita basis, ! sh consumption is approaching

20kg

By 2022, almost 50% of fish meal will comefrom rendering tissues of the fish processingindustry

More ash / Less protein


18/27

Mexico - Petfood


19/27

Mexico - Petfood

Petfood Market TMT 2008 - 2013

Production for domesticconsumption & export Imports: 86% from U.S.


20/27

Mexico Petfood

The Fiscal Reform plan unveiled inSeptember aims to increase taxes in variousareas of the economy petfood is in the

radar due to high rates of growth in the lastfew years

Mistakenly, the Government sees petownership as a luxury and it plans to add a16% sales tax to petfood


21/27

Mexico Petfood

50% of Mexican homes have at least one pet 64% of those pets belong to low income

households

The Feed Manufacturers Association isleading a media campaign opposing theadded taxes


22/27

Mexico

U.S. Exports of Animal Protein MealsYear Metric Tons Value US$

2011 92,705 52,648,206

2012 99,049(+7%)

60,604,000(+15%)


23/27

Mexico

U.S. Exports of Animal Protein MealsYear

Jan-AugMetric Tons Value US$

2012 62,030 35,881,000

2013 57,420(-7.4%)

36,765,000(+2.5%)


24/27

Chile


25/27

Chile - Aquaculture

950

1,000

1,050

1,100

1,150

1,200

1,250

1,300

2011 2012 2013*


26/27

Chile PAP Imports

Total: 47,354 - USA: 56


27/27

Rendering Aquafeeds

Documents

Transcript of Rendering Aquafeeds