Tridge summary
The article reports on the varying live hog prices across different regions in Vietnam, with figures ranging from 58,000 VND/kg to 71,000 VND/kg. It also highlights the challenges faced by Vietnam's animal feed industry due to its heavy reliance on imported raw materials, primarily corn and soybeans, with the majority coming from Brazil, the United States, and Canada. The article notes the impact of the COVID-19 pandemic and various global issues like the Russia-Ukraine conflict and policy decisions on food exports on the availability and pricing of these imports. Despite expectations of a slight decrease in feed ingredient prices in the latter half of the year, the potential effects of countries banning food exports could mitigate these reductions, affecting both the production costs for breeders and the prices of animal feed and livestock products in Vietnam.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Live hog prices in the North Specifically, in Hanoi, Hung Yen, Thai Binh, and Bac Giang, live hog prices ranged from 70,000 to 71,000 VND/kg. In Yen Bai, Lao Cai, Vinh Phuc, Ninh Binh, Tuyen Quang, Thai Nguyen, Phu Tho, Ha Nam, Nam Dinh provinces, live hog prices are at 65,000 - 69,000 VND/kg. Thus, the price of live pigs today in the North is fluctuating between 65,000 - 71,000 VND/kg. Live hog price in Central - Central Highlands Specifically, in Thanh Hoa, Nghe An, Ha Tinh, Quang Binh, Quang Tri, Quang Ngai, Hue, Quang Nam, Binh Dinh, Khanh Hoa, Lam Dong, Ninh Thuan provinces, live hog prices range from 64,000 to 67,000 VND/kg . In Dak Lak and Binh Thuan provinces, the price of live pigs was purchased at 58,000 VND/kg and 59,000 VND/kg. Thus, the price of live pigs today in the Central - Central Highlands is fluctuating in the range of 58,000 - 67,000 VND/kg. Live hog prices in the South Specifically, in Ben Tre and Can Tho provinces, live hog prices simultaneously increased by ...