Due to AFS case re-emerged, pork prices drop in Vietnam

Published 2021년 10월 20일

Tridge summary

Record low pork prices in Vietnam for the past three years, ranging from 36-40 thousand VND/kg, are due to the Covid-19 epidemic, consumer fear of African swine fever, and high animal feed costs. The province's total pig herd has increased by about 40,000 heads over the same period in 2020, but the market for pigs going to provinces and cities has decreased. To stabilize pork prices, localities need to control and extinguish African swine fever, and farms need to apply biosecurity and veterinary hygiene measures to prevent diseases.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The market is seeing a record drop in pork prices in the past 3 years, ranging from 36-40 thousand VND/kg depending on the breed and pig raising process. Luong Xuan Ky, owner of Ky Trang pig farm, Dong Bao village, My Bang commune (Yen Son) shared, the Covid-19 epidemic has been complicated, many provinces and cities have implemented distance, and the pork consumption market meat has shrunk, now African swine fever has re-emerged, and consumers are more afraid, causing pork prices to drop. According to Mr. Ky, last month, his family sold 10 tons of pork, priced at 40,000 VND/kg, but this time traders only pay 34 -36 thousand VND/kg. At this price, even if it can produce seeds, it will also suffer a loss. According to Mr. Ky and many pig farmers and households, the price of live pork has been low, but the price of animal feed is still high. Currently, a bag of bran for pork meat costs 350-360 thousand VND, an increase of nearly 350,000 VND. 100 thousand compared to the end of 2019. ...

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