Vietnam: Live hog prices increased simultaneously, approaching the milestone of 60,000 VND/kg

Published Apr 17, 2022

Tridge summary

Live hog prices in Vietnam have increased due to reduced supply and increased consumption, with prices ranging from 53,000 to 58,000 dong per kilogram in different regions. The price increase is more significant in the South, especially in the Mekong Delta, due to higher feed prices affecting livestock farmers' interest in re-herding. Despite a decrease in pork imports, the Ministry of Agriculture and Rural Development expects domestic live hog prices to continue increasing in the near future, with a forecast of 60,000 dong per kilogram.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

On April 17, as noted by Tien Phong, after a series of continuous increases from the beginning of the week, live hog prices in the North went flat, ranging from 53,000 to 56,000 dong. In which, Vinh Phuc recorded the highest price in the region at 56,000 VND/kg. The remaining provinces are maintaining the purchase price around the average level of 54,000 VND/kg. In the Central - Central Highlands, the price of pigs for slaughter continued to increase slightly in some places, bringing the general price of the whole region to fluctuate between 54,000 - 58,000 VND/kg. In the South, high prices from 57,000 to 58,000 VND appear quite common in many provinces in the Mekong Delta, bringing the overall price of the region to about 54,000 to 58,000 VND/kg. This is the area with the highest increase in recent days. Mr. Nguyen Kim Doan, Vice Chairman of Dong Nai Breeding Association, said live hog prices have shown signs of increasing in provinces and cities due to reduced supply and ...
Source: CafeF

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