Vietnam: The rapid increase in feed prices makes it difficult for farmers in Ha Tinh

Published 2021년 3월 15일

Tridge summary

Since the beginning of 2021, animal feed prices in Ha Tinh, Vietnam have significantly increased, causing distress for business households and breeders. The price hike, ranging from 5-7 thousand VND / bag, has resulted in a difficult business environment and hesitation for investment in re-herding and production expansion. The increase in feed prices has led to a 10-15% rise in production costs, exacerbated by the need for additional expenses such as vaccines, chemicals, hygiene maintenance, and worker hire to combat epidemics. The situation is further complicated by high breeding pig prices and disease challenges in livestock and poultry, leading to concerns about the stability of agricultural activities in the province.

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

Original content

From the beginning of 2021 up to now, the price of animal feed has continuously increased, causing business households and breeders in Ha Tinh to face many difficulties. The price of animal feed increased "dizzy" Mr. Nguyen Minh Tuan - owner of the first-level agent of Tuan Nga animal feed (Cam Binh commune, Cam Xuyen) said: “The price of animal feed poultry such as pigs, chickens, ducks ... has increased 4 times in a row since the beginning of the year, on average each increase is from 5-7 thousand VND / bag (25 kg). Currently, the difference is up to 20-25 thousand VND / bag depending on the product line compared to December 2020. The price is high, the business is difficult, so I also import less quantity ”. According to the survey, the price of 25 kg synthetic animal feed for piglets is fluctuating from 400-500 thousand VND / bag, feed for sows about 250 - 280 thousand VND / bag, feed for pigs. The price ranges from 260 to 330 thousand VND / bag, depending on the brand and the ...

Source: Baohatinh