Vietnam: Supply increased sharply, prices of pork and feathered chickens sank to the bottom

Information from the Ministry of Agriculture and Rural Development, in February, the "price of live hogs" across the country decreased due to low consumption, while the supply was abundant. Specifically, in the North, live pigs for slaughter decreased to 49,000-51,000 VND/kg; Central and Central Highlands ranges from 48,000-53,000 VND/kg; while the South is at 51,000-53,000 VND/kg. Report of PV. VietNamNet, live hog prices in the first days of March continued their downward trend to the lowest level within the past 1 year. Mr. Nguyen Cong Bac, Director of Loc Phat Breeding Joint Stock Company BLLT, said that in Son La area, the pig price was higher than on March 13 at 47,000-48,000 VND/kg. This price makes farmers lose about 1 million VND when selling 1 pig. In other localities, the price of live hog fluctuates between 46,000-52,000 VND/kg. In which, Yen Bai and Lao Cai are the two provinces that recorded the lowest hog price in the country, while Ho Chi Minh City and Ca Mau ...