Vietnam: Ha Giang border gate closed and opened erratically, buffaloes and cows reduced prices, pigs depreciated 8-9 times

Published 2022년 6월 7일

Tridge summary

The article highlights the challenges faced by farmers in Ha Giang province, Vietnam, in selling livestock and agricultural products due to the impact of the epidemic and China's no-Covid-19 policy. The prices of poultry, pigs, and buffaloes have significantly dropped, leading to substantial losses for farmers. The situation has led to the abandonment of livestock farming, with farmers shifting to raising chickens. The article suggests that the livestock industry need to restructure towards concentrated animal husbandry, processing, and consumption along the value chain. It also recommends the provision of livestock insurance by the state and province to support farmers.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

On the day of the countryside market, I turned around to see the scene of farmers buying and selling. The price of hens ranges from 120 to 125 thousand VND/kg; duck gourd from 75 to 80 thousand/kg; Grass carp from 4-5 kg are sold for 65,000 VND/kg. Poultry eggs of all kinds are bought and sold by people from 3,000 to 3,500 VND / fruit. Particularly, the price of live pigs for breeding is only from 350 to 400 thousand VND/head, down at least 8-9 times compared to the beginning of 2021. So my uncle was right, breeding for nearly half a year has done nothing. Households raising less have less losses, those raising more will lose more. They owe money for bran and medicine for epidemic prevention and control. Going to the house of some rural friends, I have heard that raising buffaloes and cows in cages brings good profits. See how true it is. We know: The average selling price of each buffalo in the first half of the year so far has suffered a loss of at least 10 – 12 million VND/head ...

Source: Danviet