Vietnam: Pig bran, chicken bran company just reported a record-breaking price increase, livestock farmers heard that people were lost
Other Frozen Pork Cuts
Vietnam
Published Jul 4, 2022
Tridge summary
In a notice sent to customers, CJ Agri Vina Co., Ltd., Kyodo Sojitz Company (Long An) specializing in providing animal feed said that an increase of 300-400 VND/kg of animal feed from all kinds from 1/7. Thus, this was the 16th price increase since November 2020 and pushed bran prices to a record high. With the above increase, the current price of bran for piglets learning to eat is about 40,000 VND/kg, bran for small pigs is 20,000 VND/kg, and large pig bran is 15,500 VND/kg.
Original content
In a notice sent to customers, CJ Agri Vina Co., Ltd., Kyodo Sojitz Company (Long An) specializing in providing animal feed said that an increase of 300-400 VND/kg of animal feed from all kinds from 1/7. Thus, this has been the 16th price increase since November 2020 and pushed bran prices to a record high. With the above increase, the current price of bran for piglets learning to eat is about 40,000 VND/kg, bran for small pigs is 20,000 VND/kg, and large pig bran is 15,500 VND/kg. The price of pork bran above has increased by 2,500 VND/kg compared to the beginning of 2022 and increased by 7,000 VND/kg compared to October 2020. The increase in the price of pork bran is a heavy blow "hit" on farmers, because animal feed accounts for 60-70% of the cost of production. Meanwhile, the price of live pigs is at 55,000-60,000 VND/kg, most farmers are not profitable or even at a loss. According to the explanation of suppliers of pork bran and chicken bran, the price of input materials has ...
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