Vietnamese live hog price today 11/1: Stalled at 50,000 VND/kg, farmers find it difficult to borrow capital to re-herd

Published 2021년 11월 1일

Tridge summary

The article reports on the stableization of live hog prices in Vietnam, with rates ranging from 49,000 VND/kg to 51,000 VND/kg in provinces such as Dong Nai, Ba Ria - Vung Tau, and Binh Duong. The price fluctuation is influenced by the disease's stability and the African swine fever outbreak, which affects pig herds and leads to variations in the number of pigs brought to market. Additionally, the cost of piglets has seen a significant decrease, now at half the price pre-pandemic, which helps offset production costs that remain high due to expensive bran. The high bran prices and limited financing options are challenges for farmers, limiting their ability to re-herd and maintain profitability in the face of declining pig breed numbers and pandemic-related market volatility.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

As noted by the reporter of Dan Viet Newspaper, the price of live hog live on 11/1 in Dong Nai province and some neighboring localities such as Ba Ria - Vung Tau, Binh Duong is leveling off at from 49,000 VND/kg to 51,000 VND. /kg. In which, the price of live pigs with a beautiful code from over 90kg - 105kg will be priced at 50,000 - 51,000 VND/kg. Worse pigs, overweight will only get about 48,000 VND - 49,000 VND/kg. Some traders said that today, the total number of pigs to Hoc Mon wholesale market (HCMC) is only about 1,350 heads, an increase of 250 heads compared to yesterday. Morning pigs sold at the wholesale market are priced from 66,000 to 68,000 VND/kg. Mr. Nguyen Binh, a farmer and specializes in trading and consuming pigs in Dong Nai province, said that because the epidemic is not completely stable, the purchase volume is not high, so if pigs go to the wholesale market with more than 1,000 heads, it will be difficult to consume. . After a period of adapting to the ...
Source: Danviet

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