Slight increase in all 3 regions; Forecast of pig farming in Vietnam in the period 2025-2030

In general, the price of live pigs last week continued to increase slightly in some provinces and cities in the North and Central regions, with mixed fluctuations in the South. Surveys show that the price of live pigs nationwide is currently trading in the range of 60,000 - 64,000 VND/kg; 8 forecasts for pig farming in Vietnam in the period 2025-2030.

Pig price today, November 10: Pig price increased slightly in some localities. Illustrative photo. (Source: Vincom)

Pig price today 11/10

*Pig price in the North:

The market for live pigs in the North increased by 1,000-2,000 VND/kg in many provinces and cities last week. Currently, live pigs in this area are being sold for around 62,000 - 64,000 VND/kg.

The highest transaction threshold nationwide is 64,000 VND/kg, which has appeared in many provinces and cities, including: Hanoi, Bac Giang, Hung Yen, Hai Duong, Thai Binh, Thai Nguyen, Phu Tho and Vinh Phuc. On the contrary, the lowest price in the region is 62,000 VND/kg, recorded in the two provinces of Ninh Binh and Lao Cai.

* Pig price in the Central Highlands region

The Central Highlands region also increased prices by 1-2 in the provinces: Thanh Hoa, Nghe An, Quang Binh, Ha Tinh, Dak Lak, Khanh Hoa, Quang Nam, Binh Dinh and Lam Dong.

Accordingly, there is currently no locality nationwide trading below 60,000 VND/kg. The live pig market in the Central region is trading at a difference of 60,000-63,000 VND/kg.

*Pig price in the Southern region

Last week, the price of live pigs in the South fluctuated up and down. Traders in this area are buying live pigs from 60,000 - 63,000 VND/kg.

Specifically, the provinces of Binh Phuoc, An Giang, Ben Tre and Can Tho City adjusted up 1,000 - 3,000 VND/kg. On the contrary, Hau Giang, Tra Vinh and Soc Trang are the provinces where the price of live pigs decreased from 1,000 - 2,000 VND/kg.

*According to Dr. Nguyen Xuan Duong, Chairman of the Vietnam Animal Husbandry Association, there are 8 forecasts for pig farming in Vietnam in the period 2025-2030.

1. Domestic market demand for pork is still large, but will gradually decrease, as consumers switch to other foods, such as poultry, shrimp, fish, red meat, and vegetable protein.

2. In addition to competition with other food products, domestic pig farming also has to increasingly compete with imported pork products that are increasing (an average of 15-20%/year).

3. Diseases, especially African swine fever, are still complicated, causing difficulties for farmers. ATSH livestock farming is still the decisive measure in controlling African swine fever.

4. Environmental and greenhouse gas control will increase pressure on the livestock industry, especially pig and cattle farming. The issue of whether greenhouse gas inventory in livestock farming is voluntary or mandatory will be a matter of debate. Without convincing grounds and real participation of farmers, associations, and unions, the State may put pig farms with a scale of 3,000 pigs/farm into the list of farms that must conduct greenhouse gas inventory from 2027.

5. The number of pig farming households will decrease, but the total domestic pig herd will still increase at 2-3%/year. The national pig herd size as of April 1, 2024 is 25.54 million (excluding piglets); 22.36 million pigs; 3.1 million sows (of which 2.4 million sows give birth). The national pig herd size may peak at about 28.5 million in 2028.

6. Domestic pig farming methods will follow 3 trends:

– Pig farming according to the chain link, the model of processing pig farming for large corporations and companies. The scale of pig herds in this farming area accounts for an increasingly high proportion. This farming model is stable and has low risks.

– Pig farming in large-scale households, farms that mix their own feed or order feed processing from feed processing facilities will appear more and more. This farming model is effective, but requires farmers to have capital and good management skills.

– Raising pigs according to the traditional farming model, utilizing by-products from collective kitchens. This farming model contains many risks, especially in terms of disease control and food safety.

7. Building new pig farms will face many difficulties, so existing pig farms will play an important role in stabilizing the size of the pig herd, meeting development requirements in the coming time.

8. The issue of creating breeds and hybrid formulas to have specific pork products to meet the needs of Vietnamese consumers and suitable slaughtering technology to popularize the habit of consuming chilled meat is an important solution to improve the competitiveness and self-defense ability of the Vietnamese pig farming industry in the trend of increasingly deep integration of the Vietnamese economy and livestock with the region and the world.

Source: https://baoquocte.vn/gia-heo-hoi-hom-nay-1011-tang-nhe-ca-3-mien-du-bao-ve-chan-nuoi-heo-tai-viet-nam-giai-doan-2025-2030-293237.html