Live hog prices in Vietnam on November 17, 2022 continue to decrease in the North and the South

Published 2022년 11월 17일

Tridge summary

The article provides an overview of the fluctuating live hog prices across different regions in Vietnam, with prices ranging from 51,000 to 55,000 VND/kg. It also highlights the trends in meat import and export activities in the country, revealing a slight increase in the third quarter of 2022. Despite the growth in export volume and value, there's a discrepancy between production and export figures, attributed to processing limitations and market regulation challenges. The article points out that high production costs and dependency on imported feed, which account for a significant portion of pig-rearing expenses, result in pork prices that are less competitive on the global market. Additionally, the article notes a shift in import preferences towards poultry, beef, and buffalo meat, while pork imports have seen a decline compared to the previous year.

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

Original content

In the North In Vinh Phuc, Ninh Binh, Tuyen Quang, and Nam Dinh, live hog prices all decreased by 1,000 VND/kg to 54,000 VND/kg; in Thai Binh province also decreased by 1,000 VND/kg to 55,000 VND/kg, the remaining localities remained unchanged, in Thai Nguyen, Yen Bai, Lao Cai, Bac Giang, Hung Yen, Ha Nam, the price was 54,000 - 55,000 VND/ kg, in Phu Tho province, Hanoi 53,000 VND/kg. Thus, the price of live pigs today in the North is fluctuating from 53,000 to 55,000 VND/kg. In the Central - Central Highlands In the provinces of Quang Tri, Quang Binh, Hue, Quang Nam, Binh Dinh, Khanh Hoa, Binh Thuan, live hog prices reached 55,000 VND/kg; in Quang Ngai and Ninh Thuan provinces 54,000 VND/kg, the remaining localities such as Thanh Hoa, Nghe An, Dak Lak, Ha Tinh, Lam Dong cost 53,000 VND/kg. Thus, today's live hog price in the Central - Central Highlands ranges from 53,000 to 55,000 VND/kg. In the South In Long An province, live hog price decreased by 3,000 VND/kg to 52,000 ...

Source: Vinanet