Pig prices continue to fall, close to the bottom recorded at the beginning of the year

The price of live pigs today, October 5, in the North decreased by 1,000 VND/kg in many localities, fluctuating between 54,000 - 55,000 VND/kg.

Giá heo hơi hôm nay 5/10: Giá heo hơi thêm nhịp giảm, về sát đáy ghi nhận thời điểm đầu năm

Pig price today October 5: Pig price continues to decrease, close to the bottom recorded at the beginning of the year. (Source: Eva)

Pig price today 10/5

* Pig price in the North decreased by 1,000 VND/kg in many localities.

Specifically, after a reduction of VND1,000/kg, localities including Hung Yen, Nam Dinh, Thai Nguyen, Ha Nam, Hanoi and Ninh Binh purchased live pigs at prices ranging from VND54,000 - 55,000/kg.

Today's live pig price in the North is around 54,000 - 55,000 VND/kg.

* The live pig market in the Central and Central Highlands regions decreased by 1,000 VND/kg.

Accordingly, traders in Dak Lak province purchased live pigs at 52,000 VND/kg, down 1,000 VND/kg.

Localities including Quang Binh , Quang Tri, Thua Thien Hue, Quang Nam and Quang Ngai traded at the same level after decreasing by VND1,000/kg.

Currently, the purchase price of live pigs in the Central and Central Highlands regions is around 52,000 - 54,000 VND/kg.

* According to a survey, the price of live pigs in the South decreased by 1,000 VND/kg.

50,000 - 54,000 VND/kg is the price range recorded in localities including Ho Chi Minh City, Binh Duong, Tay Ninh, Dong Thap, An Giang and Ben Tre after a decrease of 1,000 VND/kg.

The price of live pigs in the Southern region today is around 50,000 - 55,000 VND/kg.

* Currently, the price of live pigs has dropped to 53,000 VND/kg, close to the bottom at the beginning of the year.

Mr. Nguyen Cong Bac, Director of Loc Phat BLLT Livestock Company (Son La) commented: “Since the beginning of the year, the number of months in which pig farmers have suffered losses has been greater than the number of months in which they have made profits. My business raises pigs on a large scale, is self-sufficient in breeding animals, and production costs will be lower than those of households. In July and August, the increase in pig prices helped the business make a profit, but it could not make up for the loss at the beginning of the year.

On average, each month the company sells about 2,000 commercial pigs to the market. With current prices, it could lose several hundred million dong each month."

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