Northern live pig prices slightly decrease, overall situation remains difficult

The price of live pigs today, May 27, in the Northern region recorded a decrease of 1,000 VND/kg in some places. According to the Dong Nai Province Livestock Association, the recovery of pig prices at the present time helps farmers maintain production motivation in the context of general difficulties.

Pig price today, May 27: Pig price in the North decreased slightly, the general context is still difficult. (Source: Eva)

Pig price today 5/27

* The live pig market in the North recorded a decrease of 1,000 VND/kg in some places.

Specifically, Bac Giang and Phu Tho both adjusted the transaction price down to 59,000 VND/kg.

Similarly, the price of live pigs in Hung Yen province decreased to 60,000 VND/kg compared to yesterday.

Today's live pig price in the North is around 58,000 - 60,000 VND/kg.

* According to records, pig prices are moving sideways across a wide area.

Of which, 55,000 VND/kg is the lowest live pig price recorded in Quang Tri province.

Traders in the remaining provinces are purchasing live pigs at a stable price from VND 58,000/kg to VND 59,000/kg.

Currently, the price of live pigs in the Central and Central Highlands regions is around 55,000 - 59,000 VND/kg.

* In the Southern region, the price of live pigs decreased slightly by VND 1,000/kg in Vinh Long province, currently hovering at VND 60,000/kg, along with Dong Nai, Vung Tau, Hau Giang, Tra Vinh and Ben Tre.

The highest transaction price in the region is 61,000 VND/kg, present in Long An province.

The remaining provinces and cities have stable prices in the range of 56,000 - 59,000 VND/kg.

The price of live pigs in the Southern region today fluctuates between 56,000 - 61,000 VND/kg.

* The sideways trend in recent days shows that the increase in live pig prices has slowed down and established a new price level. Pig farmers can ease the burden of losses while the current price has not had a strong impact on consumers.

Some retailers said that purchasing power in the markets is still very weak so they cannot increase prices at this time.

According to the Dong Nai Province Livestock Association, the current recovery of pig prices helps farmers maintain production momentum in a general context that is still difficult, such as high feed costs and difficulty in accessing loans with low interest rates to maintain production...

It is worth mentioning that due to the stagnant pork prices that have lasted for more than half a year, many people do not dare to restock their herds, so even if the price increases at this point, many farms will have no pigs left to sell.

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