The highest price of live pigs in the North is 52,000 VND/kg, slow consumption

Pig price (Source: VTV News)

Pig price today April 16

* In the Northern region, the price of live pigs increased by the highest 2,000 VND/kg last week.

Specifically, localities including Yen Bai , Nam Dinh and Ha Nam adjusted the price of live pigs up by VND 1,000/kg to VND 50,000/kg - equal to Bac Giang after a decrease of VND 1,000/kg.

After increasing by 1,000 VND/kg and 2,000 VND/kg, live pigs in Phu Tho and Ninh Binh provinces are being traded at 51,000 VND/kg - equal to Vinh Phuc province.

52,000 VND/kg is the highest transaction price in the region, witnessed in Hung Yen and Thai Binh provinces after an increase of 1,000 VND/kg. The remaining provinces and cities maintain purchasing live pigs at 50,000 VND/kg.

Today's live pig price in the North is around 50,000 - 52,000 VND/kg.

* Pig prices in the Central and Central Highlands regions fluctuated between 1,000 - 2,000 VND/kg.

Of which, Thua Thien Hue province is purchasing live pigs at 49,000 VND/kg - the lowest in the region after increasing by 1,000 VND/kg last week.

Traders in Thanh Hoa province adjusted the price of live pigs down by VND1,000/kg to VND50,000/kg. This is also the transaction price recorded in Nghe An, Ha Tinh, Quang Tri and Ninh Thuan after increasing by VND1,000 - 2,000/kg.

Live pigs in Lam Dong and Binh Thuan provinces were purchased at VND51,000/kg after increasing by VND1,000/kg - equal to Quang Nam province after decreasing by one price.

After increasing by 1,000 VND/kg, Quang Ngai province is purchasing live pigs at 52,000 VND/kg. The remaining provinces have not recorded any new fluctuations.

Currently, the purchase price of live pigs in the Central and Central Highlands regions is around 49,000 - 52,000 VND/kg.

* The live pig market in the South increased and decreased by 1,000 - 2,000 VND/kg last week.

Binh Duong and Tay Ninh provinces are trading live pigs at VND50,000/kg, an increase of VND1,000 - 2,000/kg. Live pigs in Kien Giang province are also purchased at the same price after a price reduction.

After increasing by VND1,000/kg, localities including Dong Nai, Hau Giang, Ben Tre and Soc Trang are trading at the same level of VND51,000/kg.

52,000 VND/kg is the purchase price recorded in the two provinces of Vinh Long and Dong Thap - equal to Ca Mau and Bac Lieu, after increasing by 1,000 VND/kg and 2,000 VND/kg. Other localities maintain the purchase price of live pigs at the range of 50,000 - 51,000 VND/kg.

The price of live pigs in the Southern region today is around 50,000 - 52,000 VND/kg.

* According to the market situation report of the Ministry of Agriculture and Rural Development, the price of live pigs nationwide has decreased due to abundant supply while consumption is slow. The continuous increase in animal feed prices has increased production costs, creating great pressure on farmers.

It is forecasted that the demand for livestock products will continue to decrease in the following months. Specifically, the demand for meat products in the first quarter of 2023 was 1.23 million tons, continuing to decrease steadily until the fourth quarter of 2023, when it was only 1.07 million tons. In addition, the consumption of eggs decreased from 1.6 million to about 1.4 million.

The Ministry of Agriculture and Rural Development directed localities to continue to strengthen disease prevention, proactively find solutions to remove difficulties for livestock farmers, and ensure food supply.

In addition, closely monitor the developments of the animal feed raw material market to have timely guidance measures, avoiding sudden price increases; research and propose the construction of concentrated animal feed raw material production areas to reduce dependence on world supply.

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Source: https://baoquocte.vn/gia-heo-hoi-hom-nay-164-gia-heo-hoi-mien-bac-cao-nhat-52000-dongkg-muc-tieu-thu-cham-223704.html