Hog price forecast in Vietnam on July 16: Will purchasing prices continue to go down?

Published 2021년 7월 15일

Tridge summary

Live hog prices have been adjusted down across Vietnam, with the lowest price recorded in Hanoi at 56,000 VND/kg. The central region and the Central Highlands saw prices drop by 1,000 to 3,000 VND/kg, while the South also adjusted its prices according to market trends. In contrast, Tay Ninh province is focusing on developing the high-tech livestock industry, seeking large-scale investment projects and providing ample food for livestock and poultry. A pig farm in the province is invested in cold barns and follows the VietGAP process, producing around 2,350 pigs per month and bringing in a profit of 600-700 million VND.

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

Original content

Live hog price today adjusted down across the country In the North, live hog prices decreased slightly today. Specifically, Thai Nguyen province adjusted the purchase price to 59,000 VND/kg, down 1,000 VND/kg. The lowest price is 56,000 VND/kg, witnessed in Hanoi. The remaining localities did not record any new changes in prices today. The central region and the Central Highlands saw live hog prices drop from 1,000 VND/kg to 3,000 VND/kg. Accordingly, Quang Tri reduced 3,000 VND/kg, now buying live pigs for 56,000 VND/kg. After slightly lowering the price, Khanh Hoa and Ninh Thuan provinces are trading at the same level of 58,000 VND/kg. The price of live hog in the South today also adjusted down according to the market trend. In which, Dong Nai province decreased by 1,000 VND/kg, currently buying live pigs for 52,000 VND/kg, the lowest in the region. Similarly, traders in Dong Thap province are trading at 57,000 VND/kg, a slight decrease of 1,000 VND/kg. Live hog price today in ...

Source: Vietnambiz