Pork prices rise, Deputy Prime Minister directs handling

According to press reports, the price of live pigs in many provinces and cities has reached 80,000 VND/kg, the highest level in the past 5 years. The reason is said to be a local shortage of domestic pigs, which has pushed up the price of pigs with no end in sight.

According to experts, pig prices in the coming days are likely to continue to increase slightly, especially in the North and Central regions.

Mr. Nguyen Kim Doan - Vice Chairman of the Dong Nai Province Livestock Association said that African swine fever and foot-and-mouth disease have been quite complicated since last year, which has reduced pig production.

On farms, many newborn pigs and suckling pigs cannot grow fast enough, reducing the number of piglets and the herd, thereby pushing up the price of pork quickly, and farm owners have not had time to restock. The epidemic will soon be controlled, and meat production will soon stabilize again. However, the price and supply of pork will hardly recover completely as before soon.

In fact, the cost of investing in animal feed has started to increase compared to last year, so farmers are cautious when restocking. Authorities still have to strictly control the smuggling of pigs across the border...

In response to the above developments, Deputy Prime Minister Tran Hong Ha requested the Minister of Agriculture and Environment to preside over and coordinate with the Ministry of Industry and Trade, associations, and enterprises to assess the market situation; promptly direct and guide agencies and localities to deploy solutions to ensure supply and demand, focus on promoting livestock farming, herd restoration, and disease control, etc.; control intermediaries, strictly implement instructions on price management; and report to competent authorities on matters beyond their authority.

Thanh Ha

Source: https://baophapluat.vn/gia-thit-lon-tang-cao-pho-thu-tuong-chi-dao-xu-ly-post543693.html