Live hog price hits 60,000 VND/kg and big farm makes big profit in Vietnam

Other Frozen Pork Cuts

Vietnam

Published Jan 28, 2022

Tridge summary

Around the middle of Tet, the price of live pigs starts to increase by 9,000 - 13,000 VND/kg, ranging from 55,000 to 60,000 VND/kg. The price of pigs is high, farmers are excited because they are profitable, according to Nghe An newspaper. Mr. Bui Van Huynh, owner of a site in Thach Son commune (Anh Son, Nghe An) has a herd of about 1,500 pigs/year. Only about 300 pigs sold on this Tet holiday. "With the price of pigs increasing again, it helps me get a pretty big profit to reinvest in the barn.

Original content

Thanks to self-contained, proactive breeding and animal feed, even if the price of pigs goes down, we won't lose money," Huynh said. Not only raising the profit on the farm, but the scale of the household also started to be profitable, farmers are excited because the price of pig is still on the rise. Mr. Le Doan Xo, a farmer in Thach Ngan commune, Con Cuong district (Nghe An) said: "I have just sold a litter of 15 pigs for 54,000 VND/kg. At this price, people will be profitable. There are 100 more will be sold from now until the full moon of January. Hopefully, by the end of the year, the demand for food will increase, the price of pigs will increase further so that farmers can have more profit and cover expenses. In Con Cuong, many households are "buying" to close to Tet with the expectation of selling at a high price. Mr. Lo Van Ve, a livestock farmer in Mau Duc commune, said: "Currently, the pig has reached 85-90 kg/head. In the past few days, traders have come in and asked to ...

Source: Vietnambiz