Monday, November 15, 2010

COFCO Empire

 286 a long line of trucks waiting outside the factory. Rice broker Ye Feng Wang said that probably his The most spectacular sight ever seen.
the annual summer and autumn, Jiangxi Jinxian Wenzhen a small town called, always lively exception. come and go are loaded with two thirty tons of rice large trucks, car owners are rushing dozens of miles to the town, in the Jiangxi, by the farmers, vendors, brokers and the Liangmi rice industry (established 2004) the composition of food trade chain has been in existence for 6 years. the harvest season, those vendors will be open the morning five or six points to the farmers at home farm tricycle receive food, and then sold to brokers such as Wang, Wang then sold in food grain. the food is great customer m2009, he will sometimes install a trip to the 42 car Wenzhen rice.
to sell grain COFCO does not look good to the business. from the profit point of view, a pound of rice sold to Wang Feng Ye COFCO cent gross profit, and no matter what the food co-operation with COFCO, the purchase price COFCO has more right to speak, bargaining room not.
However, Wang Feng Ye and co-operation in food 5 years in a row. Jiangxi not bid higher than small-scale rice mill,Bailey UGG boots, but Wang Ye Fengning would choose the food.
on the whole deal because if you know more a little further, you will find that he actually had no choice m state farms, and even local government departments is also true.
Jiang Jianhui is the Secretary of Food in Nanchang, Jiangxi, he is now the attitude of the food is Welcome to .
Bureau of the years not on the number of food bank loans, but also to Jiang Jianhui before the loss of credit in the bank. but he needed the money to buy raw grain m, he has to pay cash to farmers, if the food can not be sold immediately, or sold to local millet plants, they can not return money in the short term. This means that food chain of funding Council could break.
food only with the cooperation, Jiang Jianhui do not have to worry about money. in the food taken the day Results section system, as the Food Authority on such a big partner, completed the acquisition of the signing of the contract, the food and even all the funds required under the acquisition, pre-paid 10% of the income Liangkuan. because of the high credit in the food, as long as like, it can be a guarantor, to help Grain Bureau to bank loans.
Manager. Last year, he gave in the acquisition of more than 3,000 kg of grain in the raw grain.
those relationships and the strength of the far less grain bureau farmers, brokers and small-scale rice mill also needs a rich partner,UGG boots clearance, because they want loans only more difficult, only a higher interest in their food m dependence can only be stronger.
then, the benefits of Kerry coming, which makes Jiang Jianhui and Wang Feng Ye have one more choice. this company in Jiangxi voted to build a rice mill small package Arowana production this year. until the rice mill built, Jiang Jianhui to abandon those who intend to plant only, and the grain of millet, the benefits of Kerry cooperation. beneficial although Kerry is an international giant, but the new to the total requirement to comply with the old: I am afraid that is inevitable millet plants gradually die. Nanchang County in Jiangxi Province alone, small-scale rice processing plants have more than 100.
Wenzhen from the town 90 minutes outside of New County, Constant Lake Farm (State) Sales Manager Xiong Wenfeng also beneficial to the food and worrying about the competition Kerry. which also found him of communication began in 2008, but still did not make up their minds whether to Xiong Wenfeng now and the foreign companies. face two since 1995 on the rival in oil, and is now starting a small package meters on the old rivals, Xiong Wenfeng that such cooperation must be cautious. after all, and the cooperation in the food first, after all, the food state-owned enterprises.
orientation and more cooperation in the food.
large grain farm is holding a bag of rice Zoujin Gang, Ye Qi to recommend that this meter short maturity, high prices, he hoped that the food energy and farm signed orders for this species. Zou did not know to sell the grain of rice, will be delivered to any country, which city, in which sales, he did not even know by the food packaging, the name is Fook Lam Moon rice (domestic) and gold (export). But what does it matter, in the year to make the deal the ten million, it was enough. it all to be sufficient in grain, he need only care about their 300 acres of land that planted varieties of rice which will be more interested in food.
1949 COFCO founded, before the whole of China Cereals, Oils and Foodstuffs Import & Export Corporation called, more than 95% of China's food import and export business once its monopoly . and China Mobile, dominates the national grid companies such as executives of companies in the food also has a Since the economic and foreign languages.
1988 years of foreign trade management system, the end of the food grain and oil and food import and export rights for a long monopoly. At that time, the food and its place in the country's 49 foodstuff branch decoupling 120 000 workers, leaving only 438 people, the net assets of 2.43 billion yuan, sharply down from 66.25 million yuan. By 1995, with the decentralization of import and export right, directly under the Ministry of Foreign Trade from only 20 companies to import and export franchise the right to not only all over the foreign trade companies, industrial sectors, research institutes and foreign-funded enterprises have gained the right to m30 million companies with import and export trade m doing business in foreign trade in the food worse.
transformation imperative while the direction is from the food industry with a basis to do it with grain, wool, tea, flavors and fragrances, tomato, beet sugar and other products. in the exports of grain products, but also in the valley through the grain, livestock such as China and Turkey in the domestic procurement, production, processing, transport. 

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