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| Pork prices today, November 3rd: Pork prices are rising across the board. (Source: Vietnambiz) |
Pork price today, November 3rd
* The live pig market in the North recorded an increase of 1,000-2,000 VND/kg.
Accordingly, after an increase of 1,000 VND/kg, traders in Lao Cai, Ninh Binh, Phu Tho, and Ha Nam are buying live pigs at prices ranging from 52,000 to 53,000 VND/kg, depending on the area.
Yen Bai province increased the price by 2,000 VND/kg to 53,000 VND/kg.
Today's live pig price in Northern Vietnam is around 52,000-53,000 VND/kg.
* The price of live pigs in the Central and Central Highlands regions recorded an increase of 1,000 VND/kg in Quang Ngai province, currently remaining at 53,000 VND/kg.
The remaining provinces did not record any new price changes compared to yesterday.
Currently, the price of live pigs in the Central and Central Highlands regions is around 51,000-53,000 VND/kg.
* In the southern region, the price of live pigs increased by 1,000 VND/kg in some areas.
Specifically, in Binh Duong province, the price increased slightly by 1,000 VND/kg to 51,000 VND/kg.
With the same increase, the price of live pigs in Kien Giang and Bac Lieu provinces rose to 53,000 VND/kg.
Today, live pig prices in the Southern region range from 50,000 to 54,000 VND/kg.
According to a report by the Ministry of Agriculture and Rural Development, in October 2023, the price of live pigs nationwide fluctuated downwards.
According to experts, the main reason remains the African swine fever outbreak, which has not been well controlled. This has led to a situation where people sell their pigs to avoid the disease, causing prices to fall, while conversely, at times, localized shortages of live pigs in some areas have driven prices up sharply.
Overall, the supply of pork remains secure for the year-end consumption season thanks to abundant production from large farms and businesses.
Looking ahead, the Ministry of Agriculture and Rural Development emphasizes that to stabilize the domestic meat production and consumption market, it is necessary to decisively implement multiple measures and policies simultaneously to combat speculation and price manipulation, ensuring the rights of livestock farmers and consumers; prevent and control diseases, effectively organize vaccination programs; monitor, detect, and promptly handle newly emerging outbreaks; and strictly punish cases of illegal trading and transportation of pigs of unknown origin, which increase the risk of infection and spread of dangerous diseases in the domestic pig herd.
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