Beef prices in Vietnam fell sharply because foreign cows were smuggled massively, making it difficult for people to distinguish foreign beef

Published 2023년 8월 29일

Tridge summary

The domestic beef price in Vietnam has remained low at around 80,000-85,000 VND/kg, causing concern for livestock farmers. The drop in prices is attributed to the importation of too many cows to Vietnam, making domestic cattle uncompetitive. The situation is worsened by the restriction of exporting beef to China and the uncontrolled importation of live cattle and slaughtered products, which poses a risk to food safety and competition with domestic beef.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

On August 28, sharing with Dan Viet online newspaper, Mr. Lai Van Soan, a fattening 3B cattle farmer in Binh Luc district (Ha Nam), said that the domestic beef price has been anchored at a constant level in the past time. low 80,000 - 85,000 VND/kg, making livestock farmers like him worried. Used to be the owner of a "terrible" fattening 3B farm with 800 - 1,000 cows, the second largest in Ha Nam province, but now Mr. Soan's thousands of square meters farm is sparse. Currently, the whole farm only maintains 200 animals. According to Mr. Soan, the reason for the sharp drop in domestic beef prices is that in recent years, too many imported cows have been imported to Vietnam, making domestic cattle uncompetitive. There is one more reason, according to Mr. Soan, a few months ago, the price of imported breeding cows was over 130,000 VND/kg, while the price of beef cattle was only 82,000 VND/kg, plus the high feed price, the farmers were sure. sure to lose. Due to the sharp drop in beef ...
Source: Danviet

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