Pig price today May 12: Slightly decreased, the South left...

In the North

Today's live pig prices in the Northern provinces were recorded to have no fluctuations compared to the previous day. The common price in the region ranges from 67,000 VND/kg to 68,000 VND/kg.

Specifically, localities such as Yen Bai, Lao Cai, Nam Dinh, Ha Nam and Ninh Binh are currently trading at 67,000 VND/kg.

Meanwhile, the price of live pigs in the provinces of Bac Giang, Hung Yen, Thai Nguyen, Phu Tho, Thai Binh, Vinh Phuc, Hanoi and Tuyen Quang remained unchanged at 68,000 VND/kg.

Local	Price (VND)	Increase/decrease (VND)
Bac Giang	68,000	-
Yen Bai	67,000	-
Lao Cai	67,000	-
Hung Yen	68,000	-
Nam Dinh	67,000	-
Thai Nguyen	68,000	-
Phu Tho	68,000	-
Peace	68,000	-
Ha Nam	67,000	-
Vinh Phuc	68,000	-
Hanoi	68,000	-
Ninh Binh	67,000	-
Tuyen Quang	68,000	-

Pig price today in the North. (Synthesis: Du Y)

In the Central Highlands region

The live hog market on May 12 in the Central and Central Highlands regions continued to show a stable trend, with most localities maintaining the same price as the previous days. Common transactions ranged from 67,000 VND/kg to 72,000 VND/kg.

Binh Thuan province is the only locality that recorded fluctuations during the day, with a decrease of 1,000 VND, currently at 72,000 VND/kg.

In the North Central region, the price of live pigs in Thanh Hoa, Nghe An and Quang Tri remained at 68,000 VND/kg, while Ha Tinh was lower, reaching 67,000 VND/kg.

The provinces of Quang Binh, Thua Thien Hue, Quang Nam and Quang Ngai have the same price of 69,000 VND/kg.

In the group of localities with higher prices, Binh Dinh and Khanh Hoa traded around 70,000 VND/kg; while Lam Dong, Dak Lak and Ninh Thuan remained stable at 72,000 VND/kg.

Local	Price (VND)	Increase/decrease (VND)
Thanh Hoa	68,000	-
Nghe An	68,000	-
Ha Tinh	67,000	-
Quang Binh	69,000	-
Quang Tri	68,000	-
Hue	69,000	-
Quang Nam	69,000	-
Quang Ngai	69,000	-
Pacify	70,000	-
Khanh Hoa	70,000	-
Lam Dong	72,000	-
Dak Lak	72,000	-
Ninh Thuan	72,000	-
Binh Thuan	72,000	-1,000

Pig price today in the Central and Central Highlands regions. (Synthesis: Du Y)

In the Southern region

Pig prices in the Southern region on May 12 remained generally stable, with some localities recording slight decreases. The common price ranged from 73,000 to 74,000 VND/kg.

In Long An, the price of live pigs decreased by 1,000 VND/kg compared to the previous day, currently reaching 74,000 VND/kg.

The price recorded at 73,000 VND/kg includes the following provinces: Binh Phuoc, Dong Nai, Ho Chi Minh City, Binh Duong, Tay Ninh, Ba Ria - Vung Tau, Dong Thap, An Giang, Kien Giang, Hau Giang, Tra Vinh and Soc Trang.

Meanwhile, the level of 74,000 VND/kg is maintained in localities such as Vinh Long, Can Tho, Ca Mau, Tien Giang, Bac Lieu and Ben Tre.

Local	Price (VND)	Increase/decrease (VND)
Binh Phuoc	73,000	-
Dong Nai	73,000	-
Ho Chi Minh City	73,000	-
Binh Duong	73,000	-
Tay Ninh	73,000	-
Ba Ria - Vung Tau	73,000	-
Long An	74,000	-1,000
Dong Thap	73,000	-
An Giang	73,000	-
Vinh Long	74,000	-
Can Tho	74,000	-
Kien Giang	73,000	-
Hau Giang	73,000	-
Ca Mau	74,000	-
Tien Giang	74,000	-
Bac Lieu	74,000	-
Tra Vinh	73,000	-
Ben Tre	74,000	-
Soc Trang	73,000	-

Pig price today in the South. (Synthesis: Du Y)

In general, the live hog market on May 12 showed a relatively stable trend across the country. Most localities did not record price fluctuations. Only a few provinces in the Central and Southern regions had a slight decrease of VND 1,000/kg.

Pig farming is profitable but farmers are afraid to re-herd

Pigs are sold at high prices, pig farmers make high profits, and people are very excited. However, most pig farmers currently do not dare to increase their herd.

In fact, many households that previously raised pigs in large numbers and had available pig pens now continue to "hang up their pigs" or raise them in limited numbers. The reason is fear of unfavorable fluctuations in pig prices in the future and fear of losses due to disease, especially when African swine fever and many other diseases in pigs are still complicated.

After a period of loss in pig raising, many households are now facing difficulties in capital when they want to increase the number of pigs. In addition, the cost of pig raising has increased compared to before due to the high price of piglets, along with the high price of animal feed and many other types of input materials for pig raising. Currently, the price of piglets (pigs) in many places is from 2.5 to 3 million VND/pig (12-15 kg/pig).

Mr. Tran Van Vinh, residing in Dong Loi Hamlet, Dong Hiep Commune, Co Do District, Can Tho City, said: "With the current high prices of piglets, animal feed and many input costs for pig farming, in the future, to raise a pig weighing 100kg, farmers will have to spend up to 6.5 million VND, or even more, of which the cost of piglets and feed accounts for nearly 6 million VND. Therefore, pig farmers not only face difficulties in terms of investment capital when they want to increase their herds, but also face the risk of heavy losses if the price of live pigs drops sharply again like in previous years. Currently, pig farming is also prone to risks due to various diseases, so most people are reluctant to re-herd," according to Can Tho newspaper.

Source: https://baodaknong.vn/gia-heo-hoi-hom-nay-12-5-giam-nhe-rai-rac-mien-nam-roi-moc-75-000-dong-kg-252239.html