Pig price on October 12, 2024: The North continues to decrease slightly

DNVN - On October 12, 2024, the price of live pigs in the Northern region continued to decrease, fluctuating between 63,000 - 67,000 VND/kg.

Pig price in the North

This morning, the price of live pigs in the North continued to decrease by 1,000 VND/kg, with the transaction price fluctuating from 66,000 - 67,000 VND/kg. The provinces of Yen Bai , Vinh Phuc, Phu Tho, Bac Giang, and Nam Dinh recorded a decrease in pig prices to 66,000 VND/kg, equal to the provinces of Lao Cai and Ninh Binh. Currently, apart from these provinces, most of the remaining localities in the North are trading at 67,000 VND/kg.

Pig price in Central Highlands

In the Central and Central Highlands regions, the price of live pigs this morning remained unchanged, trading stably in the range of 64,000 - 66,000 VND/kg. The provinces of Thua Thien Hue, Binh Dinh, Dak Lak and Ninh Thuan still maintained the lowest purchasing price in the region, at 64,000 VND/kg.

Pig price in the South

In the South, the price of live pigs this morning remained unchanged, continuing to be purchased at around 63,000 - 65,000 VND/kg. Notably, Ben Tre still recorded the lowest price of live pigs in the country, at 63,000 VND/kg.

The average price of live pigs nationwide is currently at 65,400 VND/kg. According to experts, the reason for the decrease in live pig prices is that in recent times, household farming has declined, while large-scale farming has grown strongly. Thanks to that, the total pig herd in the country has recovered, the supply has become abundant, helping the market stabilize again.

According to the Ministry of Agriculture and Rural Development, over the past 10 years, Vietnam's livestock industry has maintained a growth rate of 5.72%. The total pig herd in the country is currently maintained at more than 30 million, providing about 5 million tons of pork, placing Vietnam in 5th place in the world in terms of pig herd size and 6th in meat output. In addition, the poultry herd reached 559.4 million, of which waterfowl accounted for 102.7 million, ranking 2nd in the world after China.

Thanh Mai (t/h)

Source: https://doanhnghiepvn.vn/kinh-te/gia-heo-hoi-ngay-12-10-2024-mien-bac-tiep-tuc-giam-nhe/20241012080113044