Pig price remains stable, Dong Nai and Long An are the highest in the country

The price of live pigs today, June 12, in the North, did not record any new price fluctuations, ranging from 57,000 - 59,000 VND/kg.

Pig price today June 12: Pig price remains stable, Dong Nai and Long An are the highest in the country. (Source: aFamily)

Pig price today June 12

* The pig market in the North has not recorded any new price fluctuations.

Currently, 57,000 VND/kg is the transaction price in Yen Bai and Nam Dinh - the lowest in the region.

Meanwhile, traders in Hung Yen, Thai Nguyen, Thai Binh and Hanoi are buying live pigs at the highest price of VND59,000/kg. The remaining provinces and cities have stable prices of VND58,000/kg.

Today's live pig price in the North is around 57,000 - 59,000 VND/kg.

* Pig prices in the Central and Central Highlands regions remained stable on the first day of the week.

In particular, the lowest transaction price in the region is 56,000 VND/kg, currently present in the two provinces of Quang Tri and Dak Lak.

Higher than one price at 57,000 VND/kg include Ha Tinh, Quang Binh, Quang Nam, Khanh Hoa and Ninh Thuan. Live pigs in the remaining provinces are purchased at around 58,000 - 59,000 VND/kg.

Currently, the price of live pigs in the Central and Central Highlands regions is around 56,000 - 59,000 VND/kg.

* In the Southern region, the price of live pigs also remained unchanged compared to last weekend.

Accordingly, the price of live pigs in Dong Nai and Long An provinces is 60,000 VND/kg - the highest in the region.

Except for Ca Mau and Ben Tre, which are both anchored at 59,000 VND/kg, the remaining provinces and cities maintain stable transactions in the range of 56,000 - 58,000 VND/kg.

The price of live pigs in the Southern region today fluctuates between 56,000 - 60,000 VND/kg.

* According to the UK Agriculture and Horticulture Development Board (AHDB), the UK pork industry has been severely affected by market forces over the past two years, leading to tight domestic supplies.

In Q1/2023, the UK exported 78,500 tonnes of pork (including offal), down 21% compared to the same period in 2022. This was the lowest export volume in the past five years, with February and March volumes falling sharply compared to the five-year monthly average (down 13% and down 24% respectively).

Fresh and frozen pork exports fell the most, down 39% year-on-year to 34,700 tonnes. This resulted in a drop in the export market share of fresh and frozen pork products to 44%, down from 66% five years ago.

In contrast, offal exports increased slightly by 3% year-on-year to 35,300 tonnes. This means that offal exports now account for the largest share of the market at 45%, up from 24% five years ago. Although offal remains a low-value product, market consumption has increased, leading to an increase in export value for whole pigs.

Source