Pig prices are good but farmers are still worried

nuôi heo - Ảnh 1. — Demand for pork is low - Photo: N.TRI

The above information was shared by Mr. Phan Van Dung, Deputy General Director of Vissan Company, with Tuoi Tre Online, on the sidelines of Vissan's annual general meeting of shareholders, taking place on April 24.

According to Mr. Dung, the price of live pigs traded in the Southern market recently was around 74,000 VND/kg, which is high and brings good profits to farmers. However, due to the complicated developments of African swine fever and high prices of piglets, herd restoration is difficult for both small-scale farmers and large enterprises.

Sharing the same view, a representative of a livestock enterprise said that African swine fever not only occurs in pigs, but also in sows and piglets. This causes many large farms to lack supply to the market, forcing them to buy pigs from other places.

“At this time, if you want to rebuild your herd, biosecurity is the top priority, but there are still certain risks because the vaccine has not yet brought about the expected results. Therefore, despite the high price of pigs, many farmers are still hesitant to rebuild their herds,” he said.

According to Mr. Dung, the demand for pork has also decreased, so the supply shortage is not too large, leading to the price of pork after a period of sudden increase has turned down, and in the past few days has been maintained at a level relatively suitable to supply and demand. The price of imported pork is high but the demand is low, causing the profits of retail businesses to decrease.

Many retailers said that purchasing power has shown signs of improvement as the April 30 and May 1 holidays approach, but is still much lower than previous years. Similarly, demand for pork at wholesale markets in Ho Chi Minh City such as Hoc Mon and Binh Dien is also decreasing significantly compared to previous good levels.

Speaking to Tuoi Tre Online recently, Mr. Nguyen Kim Doan, vice president of Dong Nai Livestock Association, said that in addition to the epidemic, pig farmers are currently facing another difficulty: a shortage of piglet supply, even though the price is more than double the normal price, up to about 3 million VND/pig (7-10kg).

“If we raise the fish at this time, it will take more than 4 months to sell them. If the price is stable at over 70,000 VND/kg and there is no disease, the farmer will win big. Otherwise, we will lose money, and if there is an epidemic, we will lose heavily because of the high cost of raising them. This is a clear economic problem of gains and losses, but it is also quite a headache for the farmer,” said Mr. Doan.

Pork retailer reports falling profits

According to the report at the shareholders' meeting, Vissan Company said that total revenue in 2024 reached 3,182 billion VND; pre-tax profit reached 142 billion VND; fresh food output reached nearly 9,000 tons; processed food reached more than 20,000 tons.

With certain difficulties, Vissan aims to develop in 2025, shareholders have unanimously approved the 2025 production and business plan with specific goals: total expected revenue of 3,335 billion VND; pre-tax profit of 116 billion VND; fresh food output of nearly 9,200 tons and processing of more than 21,000 tons.

To achieve this goal, the company will synchronously deploy many key solutions such as proactively developing raw material sources, optimizing multi-channel sales systems, innovating products, optimizing costs...

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Source: https://tuoitre.vn/heo-gia-tot-ma-nguoi-nuoi-van-con-lo-lang-20250424163058952.htm