Pig price drops 1,000 VND/kg, livestock farming costs in Vietnam are higher than in the world

The price of live pigs today, September 26, in the Central and Central Highlands regions decreased by 1,000 VND/kg, fluctuating between 55,000 - 57,000 VND/kg.

Giá heo hơi hôm nay 26/9: Giá heo hơi giảm 1.000 đồng/kg, giá thành chăn nuôi tại Việt Nam cao hơn thế giới

Pig price today, September 26: Pig price decreased by 1,000 VND/kg, livestock farming cost in Vietnam is higher than the world . (Source: Meat Deli)

Pig price today 9/26

* The pig market in the North recorded no new fluctuations.

Currently, the lowest transaction price in the region is 56,000 VND/kg, recorded in Yen Bai, Lao Cai, Hanoi and Tuyen Quang.

The remaining provinces and cities maintain stable pork prices in the range of 57,000 - 58,000 VND/kg.

Today's live pig price in the North is around 56,000 - 58,000 VND/kg.

* Pig prices in the Central and Central Highlands regions decreased by VND 1,000/kg in some places.

Specifically, Thanh Hoa, Quang Tri, Quang Nam and Quang Ngai provinces all adjusted the price of live pigs down to 56,000 VND/kg.

The remaining provinces have no new changes today.

Pig prices in the Central and Central Highlands regions range from 55,000 - 57,000 VND/kg.

* In the Southern region, pig prices decreased slightly compared to yesterday.

Accordingly, after lowering the price, traders in Hau Giang and Tra Vinh are purchasing live pigs at the lowest price in the region of 54,000 VND/kg.

Similarly, live pigs in Long An are being traded at 56,000 VND/kg - a slight price decrease.

The price of live pigs in the Southern region today fluctuates between 54,000 - 58,000 VND/kg.

* According to experts, it is currently very difficult to predict the price of live pigs. African swine fever is still occurring sporadically in some localities across the country, causing farmers to sell off to avoid risks.

On the other hand, the low price of pigs has made many small-scale farmers afraid to restock.

Experts have found that the domestic livestock industry has shown its weakness in competition with other countries in the world. The cost of livestock farming in the country is still very high compared to many countries in the world. Whether the livestock industry can develop sustainably or not depends on the market economy and must ensure the balance of supply and demand.

In addition to the State's management and operation role, pig farmers must clearly realize that pig farming must now be transformed towards industrial, closed and circular direction... to improve investment efficiency and stabilize livestock development. In particular, reducing livestock costs is a particularly important factor through a series of solutions such as: investing in breeding animals, increasing the domestic rate of animal feed...

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