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| Pig price today, July 7: Pig price is flat across the board, purchasing power in the market is gradually improving. (Source: Eva) |
Pig price today 7/7
* Pig prices in the Northern region remain stable across the board.
Accordingly, Thai Binh province continues to purchase live pigs at the highest price in the region of 67,000 VND/kg.
64,000 - 66,000 VND/kg is the price range recorded in the remaining localities.
Today's live pig price in the North is around 64,000 - 67,000 VND/kg.
* Pig market prices in the Central and Central Highlands regions have stagnated.
Accordingly, 59,000 VND/kg is the lowest transaction price in the region, continuing to be recorded in Dak Lak province. Live pigs in Thanh Hoa and Nghe An provinces are both purchased at 63,000 VND/kg.
The remaining localities buy live pigs at prices ranging from 60,000 - 62,000 VND/kg.
Currently, the purchase price of live pigs in the Central and Central Highlands regions is around 59,000 - 63,000 VND/kg.
* Pig prices in the South have not recorded any new fluctuations.
Specifically, Vung Tau City continues to purchase live pigs at 62,000 VND/kg - the highest in the region.
61,000 VND/kg is the transaction price recorded in Dong Nai, Binh Duong , Long An and Can Tho. The remaining localities maintain purchasing live pigs at 59,000 - 60,000 VND/kg.
The price of live pigs in the Southern region today is between 59,000 - 61,000 VND/kg.
* Dong Nai Livestock Association assessed that the reason for the sharp increase in pork prices is that in the first months of the year, pork prices were low, causing farmers to suffer heavy losses, so they had to reduce their herds or scale their farming, causing supply to tend to decrease.
In addition, since the first half of the year, the epidemic has been raging, affecting many small-scale livestock farmers.
The gradual improvement in pork purchasing power in the market is also the reason for the rapid increase in pork prices. The demand for processed pork for food products during the festive season is gradually improving.
Faced with rising pork prices, local agricultural sectors recommend that farmers continue to monitor the market and be cautious in increasing their herds at this time.
According to the General Statistics Office, livestock and poultry farming in the first 6 months of 2023 developed stably, and diseases were controlled.
However, farmers still need to closely monitor the market situation, authorities need to provide timely information, control the local livestock situation, and should not increase the herd massively, leading to oversupply and a sharp drop in selling prices, causing losses.
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