Vietnam: Pork for the Lunar New Year is quite abundant

Currently, in some northern provinces such as Hanoi, Ha Nam, Hung Yen, Thai Nguyen, Vinh Phuc and Tuyen Quang, live pigs are priced from 48,000 - 53,000 VND/kg. The price of live pigs in the Central region and Central Highlands such as Binh Thuan, Thanh Hoa, Quang Binh, Thua Thien Hue and Lam Dong ranges from 48,000 - 51,000 VND/kg. Similarly, the price of live pigs in the Southern region fluctuates around 49,000 - 54,000 VND/kg. Currently, pork products in traditional markets cost about 100,000-130,000 VND/kg; In which pork belly has the highest price of 130,000 VND/kg, lean tenderloin costs 120,000 VND/kg, lean rump costs 100,000 VND/kg, and tenderloin ribs costs 100,000-110,000 VND/kg. People's demand for pork is still low. Currently, the cost of live pig production ranges from 45,000-52,000 VND/kg. With the above price, for each kilogram of pork sold, the farmer makes almost no profit. Although the price of pork has decreased, the livestock situation of businesses and farms is ...