Pig price "stands still", highest at 62,000 VND/kg

The price of live pigs today, August 1, in the Northern region did not record any fluctuations, fluctuating between 61,000 - 62,000 VND/kg.

Giá heo hơi hôm nay 15/10: (Nguồn: Meat Deli)

Pig price today, August 1: Pig price 'stands still', highest at 62,000 VND/kg. (Source: Meat Deli)

Pig price today 1/8

* Pig prices in the Northern region have no new changes.

Currently, the highest transaction price in the region is 62,000 VND/kg recorded in Thai Nguyen, Thai Binh and Hanoi.

The remaining localities maintained stable purchasing of live pigs at 61,000 VND/kg, the lowest in the region.

Today's live pig price in the North fluctuates between 61,000 - 62,000 VND/kg.

* The pig market in the Central and Central Highlands regions is moving sideways across a wide area.

Specifically, live pigs in Dak Lak, Ninh Thuan and Binh Thuan provinces are being traded stably with the lowest price in the region at 59,000 VND/kg.

Meanwhile, traders in Thanh Hoa province purchased live pigs at the highest price of 61,000 VND/kg. The remaining localities maintained the price of 60,000 VND/kg.

Currently, the purchase price of live pigs in the Central and Central Highlands regions is around 59,000 - 61,000 VND/kg.

* In the Southern region, pig prices also remained stable across the board.

Accordingly, 57,000 VND/kg is the current price of live pigs in Can Tho province. Slightly higher at 58,000 VND/kg are Tra Vinh, Ben Tre and Soc Trang.

Traders in the remaining localities purchased live pigs at a stable price of 59,000 - 60,000 VND/kg.

The price of live pigs in the Southern region today fluctuates between 59,000 - 60,000 VND/kg.

* According to the General Statistics Office, livestock and poultry farming in the first 6 months of 2023 developed stably, and diseases were controlled. However, farmers still need to closely monitor the market situation, authorities provide timely information, control the livestock situation in the locality, and should not increase the herd massively, leading to oversupply, and sharp price drops, causing losses for farmers.

For the livestock industry to develop stably and sustainably, management agencies need to provide directions and measures to remove difficulties from the short term to the long term.

Instruct businesses and people on the conditions for biosafety livestock farming, disease control capabilities, and output product consumption; research and propose policies to support breeding stock production and credit incentives for livestock farmers.

Mr. Pham Quang Anh, Director of the Vietnam Commodity Information Center, said that compared to livestock enterprises, small-scale farmers will have more difficulty in restocking due to limited capital.

"Although pig prices have improved in the second quarter of 2023, it will take a long time for livestock demand to recover. In addition to the supply shortage, expectations of improved meat prices in the world market also support domestic pig prices," he emphasized.

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