The price of live pigs in Vietnam today: Breeders in the North do not need to increase
Other Frozen Pork Cuts
Vietnam
Published Aug 7, 2022
Tridge summary
Live hog price decreased to reasonable level After increasing quite quickly, the price of live hog in the North has turned down today, ranging from 65,000 to 69,000 VND/kg, depending on the locality. According to the leadership of the Ministry of Agriculture and Rural Development at a recent interview with the press, based on the current cost of pig production, the price of live pigs is neither too high nor too low. With this price, both consumers and breeders benefit, because currently the production cost is about 60,000 VND/kg, depending on the pig production model.
Original content
Live hog prices have dropped to a reasonable level After increasing rapidly, the price of live hog in the North today has turned to decrease, ranging from 65,000 to 69,000 VND/kg, depending on the locality. According to the leadership of the Ministry of Agriculture and Rural Development at a recent interview with the press, based on the current cost of pig production, the price of live pigs is neither too high nor too low. With this price, both consumers and breeders benefit, because currently the production cost is about 60,000 VND/kg, depending on the pig production model. The report of the Ministry of Agriculture and Rural Development shows that, in July 2022, the price of live pigs increased in all regions of the country. The increase in live hog prices is due to the recent increase in the price of animal feed, the African swine fever causing damage in some localities, so the supply for the market decreased. In addition, restaurants, eateries, and tourist areas that reopened ...
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