Analysis: Japan’s Focus On Global Solutions To Food Shortages

Posted in: Agribusiness Firms

Analysis: Japan’s Focus On Global Solutions To Food Shortages

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For decades, major Japanese trading house, is of concern Oil, Metals and minerals. Today, they are turning to agricultural products. Out of national and global food security concerns, the Government of Japan to actively support this change. Japanese general trading companies (ie, general trading company) to make such a time of change, the Japanese government is preparing to launch this month plans for overseas investment to finance food production. Japan is the world’s largest net food importer, total imports more than 40 billion U.S. dollars. Japanese officials said that from 2007 to 2008 of Food crisis, Is the lack of agricultural investment for decades due to the Group of Eight (G8) have agreed to this view. Japanese government believes that with national trading house and other companies to expand public-private partnership approach to food production will help reduce future risk. Five major trading house in Japan, Mitsui Bussan (Mitsui & Co), Itochu Corporation (Itochu) and Marubeni (Marubeni) is to enter the soybean, palm oil, wheat and corn and other agricultural areas. Industry observers said that Mitsubishi (Mitsubish) and Sumitomo (Sumitomo) seems to be more cautious. HighQuestPartners in St. Louis Philippe? Germany? Lapuluosi (PhilippedeLapérouse) said: “The Japanese trading house, is more boldly into agriculture, especially in investment and export terminals and other assets of the barn.” HighQuestPartners is a US-based agribusiness consulting firm. This may lead to the U.S. agricultural giant ADM (ArcherDanielsMidland), Bunge (Bunge), Cargill (Cargill), and France’s Louis Dreyfus (LouisDreyfus) friction between. The four companies in the industry known as the “ABCD” (according to four companies made an acronym). Chicago, head of commodities research brokers MFGlobal Richard? Feiertesi (RichardFeltes), said the new entrants must be in a difficult market to provide more appropriate price and more efficient logistics, in order to prove their competitiveness. “They can do this,” Feiertesi said, “but they face very strong competition, the rivals for generations, has been engaged in agricultural trade.” Japan to South Korea and Saudi Arabia and other countries with different access to resources, which is to support its own population. The Japanese government and Japanese trading house hopes that, by seeking opportunities to expand the global supply overseas. Industry observers said the Japanese trading house, paying attention to those outside the grain and oilseed demand is relatively stable country, trying from China and other Asian countries (especially Vietnam, Thailand and the Philippines) or Saudi Arabia and other Middle East soybean and grain state’s strong interest in profit. To enter the Chinese market, Itochu has the largest grain processing group COFCO (Cofco) alliance with Marubeni is also responsible for last year’s reserves of grain and oilseed Chinese state-owned enterprises?? China Grain Reserves Corporation (Sinograin) formed a joint venture. The second largest Japanese trading house Mitsui & Co., is investing in overseas farmland, including two years in Brazil to buy 10 million hectares of farmland, to protect their own agricultural sources. Japan’s fourth-largest trading house Itochu plan, the Pacific coast in the U.S. after the completion of an export terminal, to the grain and oilseed processing capacity from the current 11 million to 12 million tons in 2011 to double, to 20 million tons. <<<See more exciting content Recommended hot:

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Content Tags: japan agriculture investment overseas mitsui, japan grain reserves, marubeni palm oil, price control of oil seed in china and other asian countries, technological solutions to food shortages

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