Egg prices are rising.

In just the past week, egg prices have increased by 500 VND per egg, providing some relief and renewed hope for poultry farmers.

Egg prices are rising again.

The rebound in egg prices after a long period of lows is good news for many poultry farmers. For the past year, egg-laying chicken farms have continuously suffered losses, even having to sell off entire flocks. But in just the past week, egg prices have increased by 500 VND per egg, easing the burden and giving farmers renewed hope.

Mr. Quan's family owns three chicken farms with a total flock of 50,000 chickens. On average, they produce 30,000 eggs per day. Mr. Quan said that for a long time, his family and surrounding farms struggled due to losses. Last year, egg prices were between 1,500 and 1,700 VND per egg. This year, the news of fake chicken eggs has driven prices down to only 1,200 to 1,400 VND per egg. His family was losing 15 million VND per day. However, egg prices have now risen again, easing some of the family's difficulties.

Ms. Nguyen Thi Thuan, the farm manager, said: "The information about fake chicken eggs has been refuted, so the price has gone up to 1,800-1,900 VND in the last two or three days. Farmers are less burdened. Now it's easier to sell. Every day, I sell 15,000 to 20,000 eggs."

On a smaller scale, Mr. Thang's farm has 20,000 laying hens. On average, they produce 15,000 eggs per day. Like other farmers, Mr. Thang is delighted because egg prices have started to improve again and sales are more favorable than before. Every two days, he sells 15,000 to 20,000 eggs.

Mr. Tran Van Thang from Huong Dao Commune, Tam Duong District, Vinh Phuc Province shared: "About a week ago, egg prices improved a little. From 14, the price has risen to 18-19 today. After deducting all expenses and depreciation, we need to sell at 1,800 VND per egg to break even. Only from 1,800 VND upwards can farmers make a small profit."

Mr. Nguyen Huu Tuc, a trader in Hanoi, commented: "The market is stronger and more stable than before, and even more promising. We sell 20,000 fruits a day, the same as before."

Mr. Nguyen Van Trong, Vice Chairman of the Vietnam Association of Farms and Agricultural Enterprises, commented: "Livestock farming must be considered a profession, not something you only increase when prices rise or fall. Following the cycle of poultry farming, you should continue doing it and consider it your profession. This way, whether prices are high or low, you will still have products to supply the market. The ups and downs balance each other out, and over the long term, you won't suffer losses."

According to the Vietnam Poultry Association, the increase in egg prices is partly due to the refutation of information about fake chicken eggs, reassuring consumers about the product. Another reason is that after a long period of losses, many farmers were unable to continue raising chickens and had to switch to laying hens, resulting in a less abundant supply than before.

Rising egg prices and favorable sales are positive signs for poultry farmers.

Sustainable livestock farming solutions

Rising egg prices and favorable consumption are positive signs for poultry farmers. According to the Ministry of Agriculture and Environment, last year the country produced more than 20 billion eggs – far exceeding the target set for 2030. Supply exceeding demand, if not properly controlled, will pose risks to the market. Therefore, the livestock industry needs to move towards linkages and production along the value chain for stable and sustainable development.

Integrated Livestock Farming operates on a value chain from farm to table. It proactively manages all stages, from feed production and poultry breeding to farming and food processing. With a system of 19 farms and a total of 90,000 laying hens, plus partnerships with other farms, the unit consistently provides solutions to ensure competitive pricing for its satellite farms.

Mr. Le Van Hai, General Director of Hai Thinh Nutrition Joint Stock Company, stated: "Improving feed quality helps livestock eat well, grow quickly, and especially lay more eggs, which will reduce the cost of eggs. Furthermore, the company guarantees the purchase of the output by signing a fixed price agreement, supporting farmers to ensure that the cost of eggs produced is guaranteed and that farmers make a profit. We are also focusing on measures to create a deep processing chain."

On a smaller scale, Mr. Kien in Chuong My chose a different path: raising egg-laying chickens using herbal feed. Besides fermented soybean meal and fresh rice bran, the chickens' feed includes garlic, bitter leaves, yellow bitter leaves, Centella asiatica, Solanum torvum, cooking oil, etc. With the current selling price of 10,000 VND per egg, his average monthly revenue is approximately 1.2 billion VND.

Mr. Phan Trung Kien, Director of Thang Long High-Tech Agriculture Joint Stock Company in Hanoi, stated: "We are currently experiencing an oversupply of both eggs and chicken meat. If we continue to prioritize quantity over quality, we will lack a market for our products. Even if we do find a market, the prices will be very low, resulting in significant losses. Instead of focusing on quantity, we should prioritize quality to serve the higher-end market segment, creating product differentiation, which will lead to better results."

For sustainable livestock farming, the poultry industry needs to shift its development model from poultry farming to poultry economic development, from a quantitative to a qualitative development model, and increase added value.

Source: https://baoquangninh.vn/gia-trung-ga-khoi-sac-3364019.html