Pig price in the North is the highest in the country

The price of live pigs today, October 26, in the North recorded an increase in some provinces and cities, fluctuating between 52,000 - 55,000 VND/kg.

Pig price today October 26: Pig price in the Northern region is the highest in the country. (Source: Meat Deli)

Pig price today October 26

* The live pig market in the North recorded an increase in some provinces and cities.

Specifically, traders in Ha Nam, Vinh Phuc and Thai Nguyen are purchasing live pigs at 53,000 - 54,000 VND/kg after an increase of 1,000 VND/kg, depending on the locality.

The highest transaction level in the region was 55,000 VND/kg, recorded in Bac Giang and Hanoi, up 2,000 VND/kg - along with Hung Yen and Phu Tho.

Today's live pig price in the North is around 52,000 - 55,000 VND/kg.

* Pig prices in the Central and Central Highlands regions increased slightly in some places.

Specifically, after increasing by 1,000 VND/kg, the provinces of Quang Tri, Thua Thien Hue, Lam Dong and Binh Thuan all raised the transaction price to 52,000 VND/kg.

With the same increase, the price of live pigs in Ninh Thuan and Quang Binh is 50,000 VND/kg and 53,000 VND/kg, respectively.

Currently, the price of live pigs in the Central and Central Highlands regions is around 50,000 - 53,000 VND/kg.

* In the Southern region, the price of live pigs increased by 1,000 VND/kg.

Specifically, the price of live pigs in Dong Thap and Ben Tre was adjusted to 51,000 VND/kg.

Similarly, provinces and cities including Dong Thap, Vung Tau, Long An, Ca Mau and Tien Giang adjusted the price of live pigs to about 52,000 - 54,000 VND/kg, depending on the region.

The price of live pigs in the Southern region today fluctuates between 50,000 - 54,000 VND/kg.

* According to the Ministry of Agriculture and Rural Development, there are currently 269 facilities nationwide producing complete mixed industrial animal feed.

Of these, 90 factories are owned by FDI enterprises and 179 factories are owned by domestic enterprises. The total demand for concentrated feed of the entire livestock industry is about 33 million tons/year, mainly used for pig and poultry farming.

To meet this demand, Vietnam needs a huge amount of concentrated feed ingredients, but domestic production capacity can only meet about 13 million tons/year (accounting for about 35% of total demand), the rest comes from imported sources (accounting for about 65%).

For additives and main food supplements (vitamins, amino acids, etc.), our country has to import up to 80%, due to lack of production technology, small consumption market, and failure to attract investment.

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