Vietnam: Raising eels without dense mud, when eel prices plummeted, Hau Giang farmers suffered heavy losses

Published 2023년 10월 29일

Tridge summary

The model of raising mud-free eels in Hau Giang province has become popular due to its simplicity and potential for high income. However, oversupply and increasing food prices have resulted in low commercial eel prices, leading to no profit for farmers after over 15 months of care. The current eel price has decreased by more than 10,000 VND/kg compared to the previous period, posing a risk of heavy losses for farmers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In recent years, the model of raising mud-free eels in tarpaulin tanks and cement tanks has developed strongly in Hau Giang province. Because it does not require too complicated techniques, it is suitable for many people, including poor households and households with little land. production but still gives high income. Eel prices are low, people raising mud-free eels in Hau Giang are waiting for prices to increase. Massive development leads to oversupply, while increasing food prices cause farmers to incur additional costs, while commercial eel prices remain low. Information from a trader said that type 1 eel is currently priced at 84,000 VND/kg, while type 2 eel is priced at 80,000 VND/kg. With the current price of commercial eels, minus all costs, farmers have no profit after more than 15 months of care. Mr. Tran My Ty, in Long My town, (Hau Giang province) said: "Animal feed, including food for eels, is still increasing to nearly 700,000 ...
Source: Danviet

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