The price of Vietnamese piglets has increased dramatically, with reserve pigs costing 10-12 million VND/pig, and pig farmers depositing money.

The high price of live pigs has led people to restock and increase their herds after Tet. Due to high demand, piglets in Nghe An are in short supply, increasing prices…

According to data from the Nghe An Statistics Office, by the end of January 2025, the total pig herd is estimated at 1,019,228, an increase of 3.05% (+30,166 pigs) over the same period in 2024. After the sale of pigs during the Lunar New Year and the 15th day of the first lunar month, households, farms, and ranches are actively re-herding to serve the market.

Pig prices in Nghe An are rising.

Due to the high demand for herd restoration, the price of gilts and piglets has also increased. Currently, the price of gilts is being sold on the market at over 10-12 million VND/head, 2-3 million VND/head higher than the low point. The price of piglets has also increased to 2.2-2.4 million VND/head (super lean 3-blood type), an increase of 800-1 million VND/head compared to the same period last year.

Pig prices are high and pig farms are not able to supply enough pigs to the market. Many farmers say that it is difficult to buy piglets. Many households have even deposited money a month in advance but have not yet received piglets to restore their herds.

The price of piglets is expensive, increasing by 300,000 - 1 million VND/pig compared to the same period last year. Photo: TP

Ms. Nguyen Thi Lien in Dung town (Thanh Chuong) said: "After selling a litter of 10 pigs on Tet, the plan was to restock after the full moon. However, it is not easy to buy piglets these days. Although I have deposited money with traders in advance, they are waiting until the end of the month to have piglets."

Unable to buy piglets from large farms with super 3-blood breeds (pigs crossbred between 3 different bloodlines), Ms. Duong Thi Nhung in Tao Son commune (Anh Son) decided to buy pigs from the people to raise. However, the piglets from the people are currently scarce and quite expensive.

“Last year, after Tet, people could buy pigs for only 700,000 - 800,000 VND. But this year, each pig has increased by 300,000 - 400,000 VND, but there are still no pigs to buy.”

Not only small-scale livestock households, but also large-scale farms and ranches are having difficulty buying breeding stock to restore their herds.

Mr. Le Quoc Tan - owner of a closed pig farm in Hung Nghia commune (Hung Nguyen) said: "The farm has a scale of 200 sows, both proactively providing breeding pigs for the family and supplying to the people. However, at this time, the number of breeding pigs is not enough to meet the needs of people in the area."

Pig breeding traders said that not only are prices high, but piglets are also scarce. Photo: TP

As a supplier of piglets in Nghe An, Mr. Ho Trong Quyet said that after selling pigs for Tet and the full moon, households, farms and ranches are currently empty. The high price of live pigs has pushed up the demand for herd restoration. Therefore, at this time, the demand for piglets has increased dramatically.

Currently, the piglet breeding market can only meet about 60% of people's needs, mainly purchased from private breeding sow farms, and companies are also "short" of piglets.

Currently, the amount of piglets can only meet about 60% of people's needs. Photo: TP

“In previous years, after Tet, the demand for herd restoration increased but not sharply due to the stagnant price of pork and the increase in feed prices, so profits were low, even breaking even. Now that feed prices are stable, the epidemic is under control, pork prices have skyrocketed, so people are rushing to restore their herds, pushing up the price of piglets,” said Mr. Quyet.

However, according to warnings from experts, pig prices are high, farmers are making good profits, but the consumption market is at a disadvantage, because high prices make market consumption even slower.

The supply of pigs is decreasing compared to before, but this is only temporary and will soon stabilize in the near future. At present, farmers should carefully calculate in increasing and restoring herds to avoid risks.

Source: https://danviet.vn/gia-lon-giong-tang-dot-bien-lon-hau-bi-10-12-trieu-dong-con-nong-dan-coc-tien-truoc-ca-thang-van-chua-co-hang-20250303142656525.htm