News, forecast of live pig price tomorrow 3/23/2025 will be difficult to recover immediately

Update news, pig price today 3/22/2025 latest

Updated live pig price today March 22, 2025 in the Northern region

Local	Price (thousand VND/kg)
North
Tuyen Quang	72
Ninh Binh	72
Hanoi	72
Vinh Phuc	72
Ha Nam	72
Peace	72
Phu Tho	72
Thai Nguyen	73
Nam Dinh	72
Hung Yen	73
Lao Cai	72
Yen Bai	72
Bac Giang	73

On the afternoon of March 23, 2025, the price of live pigs in the North continued to maintain stability, fluctuating between 72,000 - 73,000 VND/kg, similar to the previous day. Provinces such as Hanoi, Ninh Binh, Vinh Phuc, Ha Nam, Nam Dinh, Lao Cai, Yen Bai and Phu Tho all recorded prices of 72,000 VND/kg, while Thai Nguyen, Hung Yen and Bac Giang reached 73,000 VND/kg. Although the market has not fluctuated much, the current price is the lowest since the beginning of March, causing farmers to worry about profits in the coming time. Compared to other regions, the North still shows more stability, but the pressure from low prices may affect market sentiment if there are no positive signals in the coming days.

Updated pig price today March 22, 2025 in the Central Highlands region

Local	Price (thousand VND/kg)
Central Highlands
Binh Thuan	77
Ninh Thuan	77
Dak Lak	75
Lam Dong	78
Khanh Hoa	73
Pacify	73
Quang Ngai	73
Quang Nam	73
Thua Thien Hue	72
Quang Tri	71
Quang Binh	72
Ha Tinh	72
Nghe An	72
Thanh Hoa	72

On the afternoon of March 23, 2025, the price of live pigs in the Central and Central Highlands regions recorded a slight decrease in some localities, with Binh Dinh decreasing by 1,000 VND to 73,000 VND/kg, while Ninh Thuan and Binh Thuan both adjusted to 77,000 VND/kg. The remaining provinces such as Quang Tri, Quang Ngai, Quang Nam, Thua Thien Hue, Dak Lak, Khanh Hoa and Lam Dong kept prices stable at 71,000 - 78,000 VND/kg, with Lam Dong still leading at 78,000 VND/kg. This region continues to maintain high prices thanks to stable supply and good consumption demand from neighboring provinces, however, the slight decrease in some localities shows that market pressure may increase in the coming time if there are no supporting factors.

Updated pig price today March 22, 2025 in the Southern region

Local	Price (thousand VND/kg)
Southern
Soc Trang	78
Ben Tre	77
Tra Vinh	78
Bac Lieu	78
Tien Giang	77
Ca Mau	79
Hau Giang	78
Kien Giang	78
Can Tho	78
Vinh Long	78
An Giang	78
Dong Thap	77
Long An	77
Ba Ria - Vung Tau	77
Tay Ninh	77
Binh Duong	77
Ho Chi Minh City	77
Dong Nai	77
Binh Phuoc	77

On the afternoon of March 23, 2025, the price of live pigs in the South continued to decrease sharply, with many localities adjusting the purchase price down by 1,000 - 2,000 VND/kg compared to the previous day. Long An and Tien Giang recorded the deepest decrease, down to 77,000 VND/kg, while Hau Giang, Soc Trang and Bac Lieu also decreased to 78,000 VND/kg.

Provinces such as Binh Phuoc, Dong Nai, Ho Chi Minh City, Binh Duong, Tay Ninh, Dong Thap, Ben Tre, Ba Ria - Vung Tau and Tra Vinh fluctuated between 77,000 - 78,000 VND/kg, with many places decreasing by 1,000 VND/kg. Only An Giang, Can Tho, Kien Giang, Ca Mau and Vinh Long kept prices stable at 78,000 - 79,000 VND/kg, but the pressure to reduce prices is still present.

The main reason for this decline is the sharp increase in pork supply after the herd restoration period, while meat consumption has not shown any significant signs of recovery, putting the market under great pressure.

Pig price forecast for tomorrow, March 23, 2025, unlikely to recover immediately

The price of live pigs on March 23, 2025 is forecast to continue to decrease slightly, especially in the Central and Southern regions, due to the strong increase in supply from the herd restoration after Tet, while consumption demand has not shown clear signs of recovery. According to analysis from experts, the South may witness a decrease of 1,000-2,000 VND/kg in some provinces such as Long An, Tien Giang and Dong Thap, bringing the price to 76,000-78,000 VND/kg. Meanwhile, the Central region recorded downward pressure from localities such as Ninh Thuan and Binh Thuan, the price is expected to fluctuate between 76,000-77,000 VND/kg.

In the North, the market tends to be more stable, but some provinces such as Thai Binh or Hai Duong are still likely to decrease by another VND1,000/kg due to excess supply. However, the average price in the whole region is forecast to remain around VND72,000-73,000/kg. The main reason for the price decrease is due to high livestock costs combined with weak purchasing power from the domestic market.

Short-term forecasts show that the downward pressure on prices may last until the end of March, but the price of live pigs on March 23, 2025 is expected to be the bottom before the market recovers slightly in early April, thanks to increased demand from the Hung Kings' Commemoration Day and the consolidation of goods by distributors. Experts recommend that farmers closely monitor market developments to adjust their selling plans appropriately, avoiding losses due to price fluctuations.

Source: https://baoquangnam.vn/tin-tuc-du-bao-gia-heo-hoi-ngay-mai-23-3-2025-se-kho-hoi-phuc-ngay-3151155.html