Pig price today in the North remains stable
The price of live pigs in the North continues to remain stable compared to yesterday, currently fluctuating between 68,000 - 69,000 VND/kg.
Specifically, live pigs in Bac Giang, Hung Yen, Thai Nguyen, Phu Tho, Thai Binh, Vinh Phuc, Hanoi and Tuyen Quang are being purchased at 69,000 VND/kg.
In Yen Bai, Lao Cai, Nam Dinh, Ha Nam and Ninh Binh provinces, prices remain at 68,000 VND/kg.
Local | Price (VND) | Increase/decrease (VND) |
69,000 | - | |
Yen Bai | 68,000 | - |
Lao Cai | 68,000 | - |
Hung Yen | 69,000 | - |
Nam Dinh | 68,000 | - |
Thai Nguyen | 69,000 | - |
Phu Tho | 69,000 | - |
Peace | 69,000 | - |
Ha Nam | 68,000 | - |
Vinh Phuc | 69,000 | - |
Hanoi | 69,000 | - |
Ninh Binh | 68,000 | - |
Tuyen Quang | 69,000 | - |
Pig price today in the North. (Synthesis: Ha My )
Pig price today in Central Highlands remains unchanged
Pig prices in the Central Highlands region have not fluctuated, currently being purchased at 68,000 - 73,000 VND/kg.
Accordingly, the common price in Thanh Hoa, Nghe An, Quang Binh, Quang Nam and Quang Ngai is 69,000 VND/kg. Meanwhile, Ha Tinh, Quang Tri, Hue, Binh Dinh and Khanh Hoa all maintain the price of 68,000 VND/kg.
Some localities recorded higher prices such as Lam Dong and Binh Thuan at 73,000 VND/kg, followed by Ninh Thuan at 72,000 VND/kg. Dak Lak alone is purchasing live pigs at 69,000 VND/kg.
Local | Price (VND) | Increase/decrease (VND) |
Thanh Hoa | 69,000 | - |
Nghe An | 69,000 | - |
Ha Tinh | 68,000 | - |
Quang Binh | 69,000 | - |
Quang Tri | 68,000 | - |
Hue | 68,000 | - |
Quang Nam | 69,000 | - |
Quang Ngai | 69,000 | - |
Pacify | 68,000 | - |
Khanh Hoa | 68,000 | - |
Lam Dong | 73,000 | - |
Dak Lak | 69,000 | - |
Ninh Thuan | 72,000 | - |
Binh Thuan | 73,000 | - |
Pig price today in the Central and Central Highlands regions. (Synthesized by: Ha My )
Pig price in the South today is quiet
Pig prices in many southern localities have stabilized after the previous day's decrease, currently fluctuating at 71,000 - 73,000 VND.
Specifically, live pigs in Binh Phuoc, Dong Nai, Ho Chi Minh City, Binh Duong, Tay Ninh, Ba Ria - Vung Tau and Can Tho are currently all at 73,000 VND/kg.
In the provinces of Long An, An Giang, Vinh Long, Kien Giang, Hau Giang, Tien Giang, Bac Lieu, Tra Vinh and Soc Trang, the purchase price remained at 72,000 VND/kg.
Pig price in Dong Thap is currently at 71,000 VND/kg, while Ben Tre continues to be the locality with the lowest purchase price in the region at 70,000 VND/kg.
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 | 72,000 | - |
Dong Thap | 71,000 | - |
An Giang | 72,000 | - |
Vinh Long | 72,000 | - |
Can Tho | 73,000 | - |
Kien Giang | 72,000 | - |
Hau Giang | 72,000 | - |
Ca Mau | 73,000 | - |
Tien Giang | 72,000 | - |
Bac Lieu | 72,000 | - |
Tra Vinh | 72,000 | - |
Ben Tre | 70,000 | - |
Soc Trang | 72,000 | - |
Pig price today in the South. (Synthesis: Ha My )
Pig prices today (June 19) are generally stable in all three regions. The North and the Central Highlands - Central regions keep prices unchanged. Prices in the South are slowing down after the previous day's decrease. The common pig purchase price in the three regions fluctuates between 68,000 - 73,000 VND/kg.
China changes pig farming strategy by prioritizing “slimming” instead of “fattening”
According to Vietnam Livestock Magazine , amid the fluctuating pork market and oversupply, the Chinese government is tightening up on speculative pig “re-fattening” to reduce feed waste, stabilize prices and protect small-scale farmers.
In recent years, many farmers and small businesses in China have bought adult pigs from large farms and raised them for a few more months until they grow to 40–50kg in weight. They expect the price of pork to increase when they sell, creating a profit opportunity.
However, Chinese authorities are concerned that this type of speculation is causing the pork market to become unstable: sometimes there is a temporary shortage of supply, sometimes there is a surplus, causing prices to fluctuate wildly.
Not only that, the “re-fattening” activity also leads to a large waste of animal feed, going against the national strategy of saving grain and reducing dependence on imports, especially in the context of trade tensions with the US.
The Chinese government is determined to stabilize weak pork prices, while curbing speculation and protecting small farmers, according to Pan Chenjun, an expert at Rabobank.
Source: https://baodaknong.vn/gia-heo-hoi-hom-nay-19-6-on-dinh-tren-ca-nuoc-gia-cao-nhat-dat-73-000-dong-kg-256001.html
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