Vietnam: The place that accounts for 15% of the country's total goat herd has difficulty in consumption

Published 2023년 10월 4일

Tridge summary

The price of live goats in Vietnam is currently 95,000 VND/kg, but there have been fluctuations in prices with a range of 50,000 - 120,000 VND/kg in the past months. Goat farmers are facing challenges due to weak market consumption and unstable prices. Many farmers have reduced their goat herds and are struggling with slow output and the difficulty of selling goats.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The price of live goats is 95,000 VND/kg. Goat farming is currently facing many difficulties and challenges due to weak market consumption and unstable output prices. According to farmers, in the first months of the year, goat prices range from 50,000 - 70,000 VND/kg. Four months ago, the price of type 1 goats (male goats, fat) increased to about 120,000 VND/kg. Currently, grade 1 goats are reduced to 95,000 VND/kg. Particularly, old female goats and skinny goats have the lowest price, just over 40,000 VND/kg. Breeding goats are 100,000 VND/kg. At this price, goat farmers following the semi-industrial, fattening model only have a small profit due to having to invest money in bran. The cost of a breeding goat weighing about 15kg is 1.5 million VND. People invest in 3 more bags of bran to fatten them within 4-5 months at a cost of about 900,000 VND. When the goats reach a weight of 40kg, they will be sold. With the current price of grade 1 goats, minus all costs, the profit can be ...
Source: Agriculture

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