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Vietnam: Take advantage of 156 million tons of by-products as animal feed

Meat
Vietnam
Published Mar 22, 2022

Tridge summary

It is estimated that from November 2020 to now, businesses have adjusted the prices of animal feed 10 times. Each time the average increase is from 200-400 VND/kg, the total adjustment period, the price of animal feed has increased by 30-40%, equivalent to 13,000 - 15,000 VND/kg depending on the type. Due to the influence of the Russia-Ukraine war, it is difficult to import raw materials for animal feed, so it is forecasted that the price of animal feed still has new "fever" waves.

Original content

It is estimated that from November 2020 to now, businesses have adjusted prices of animal feed 10 times. Each time an average increase of 200-400 VND/kg, calculating the total adjustment period, the price of animal feed has increased by 30-40%, equivalent to 13,000 - 15,000 VND/kg depending on the type. Due to the influence of the Russia-Ukraine war, it is difficult to import raw materials for animal feed, so it is forecasted that the price of animal feed still has new "fever" waves. Combined with the complicated Covid-19 epidemic and slow consumption, many farmers had to consider reducing their herds, or finding ways to reduce the cost of feed for their livestock. From the day the animal feed agent announced that the price of pig bran had increased by 10,000 VND/bag of 25kg, Mr. Nguyen Van Quy (Tien Lu district, Hung Yen) worried about "losing sleep and eating" when standing by the side. the brink of loss. With a herd of 130 pigs, Quy's farm uses nearly 10 bags of bran every day. ...
Source: Danviet
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