Pork imports can ensure supply during Tet

Increasing pork imports is also one of the measures to help ensure supply and stabilize prices during the Lunar New Year.

December 23rd, live pig price Across the country, pork prices ranged from 63,000 VND/kg to 69,000 VND/kg, an increase of 1,000 VND/kg compared to the previous day and also the highest price at the end of this year. This increase is understandable due to the approaching Lunar New Year, when consumer demand for pork typically increases by 10-15%. Livestock businesses and cooperatives had planned early to ensure supply and prevent sudden price spikes during the Tet holiday.

Hoang Long Cooperative, with a herd of 4,000 pigs, produces 1,300-1,400 tons of pork per year. To meet the demand for pork during the upcoming Lunar New Year, the cooperative prepared breeding stock about six months ago. Unlike last year, this year they invested in high-quality breeding stock, which has helped increase production by up to 30%.

Mr. Nguyen Trong Long - Director of Hoang Long Cooperative said: "With the same number of pigs, last year we slaughtered them at a weight of 100 - 120kg, but this year we are slaughtering them at a weight of 130 - 150kg/pig".

Increasing output is also a way to help many businesses and cooperatives ensure supply and stabilize prices from now until Tet. According to the representative According to the Vietnam Animal Husbandry Association, the price of live pigs is expected not to increase sharply, fluctuating around 70,000 VND/kg.

Pork prices will not increase dramatically near Tet.

According to a representative of the Vietnam Livestock Association, both businesses and farmers should sell pork according to the scheduled time and date, and should not intentionally hold back to drive up prices, as this can create artificial price increases, affecting the market and the rights of consumers.

Mr. Nguyen Xuan Duong - Chairman of the Vietnam Animal Husbandry Association said: "In addition to domestic production, the volume of imported pork is very large, increasing on average 15 - 20% in recent years while domestic production only increases 2 - 3%, so the amount of imports will immediately compensate if we hoard goods and increase prices."

According to data from the General Department of Customs, in the first 11 months of this year, Vietnam spent nearly 38,000 billion VND to import meat and offal, an increase of 14.2% compared to the same period last year, reaching a record high. The increase in pork imports is also one of the measures to ensure supply and stabilize prices during the Lunar New Year holiday.

Source: https://baoquangninh.vn/co-the-nhap-khau-thit-lon-dam-bao-nguon-cung-dip-tet-3336243.html