Stable in the North, mixed fluctuations in the Central and South; US pork prices fall

Pig price today, November 6: Stable in the North, mixed fluctuations in the Central and South. (Source: Vincom)

Pig price today 11/6:

*Pig price in the North:

On the morning of November 6, live hog prices in the Northern region remained stable at around 62,000 - 64,000 VND/kg after recording a price increase in many localities in the previous session.

Currently, Hanoi , Bac Giang, Hai Duong, Hung Yen and Thai Binh have the highest live pig prices in the region, reaching 64,000 VND/kg.

*Prices in the Central Highlands region

In the Central Highlands region, only Quang Binh province adjusted the price up by 2,000 VND/kg, reaching 62,000 VND/kg, the same price as Thanh Hoa and Nghe An . This is also the highest selling price in the region.

The price of live pigs in the remaining localities in the region is fluctuating between 58,000 - 61,000 VND/kg. Of which, 4 provinces recorded prices below 60,000 VND/kg: Quang Nam, Binh Dinh, Khanh Hoa and Dak Lak .

*Pig price in the Southern region

The southern live hog market fluctuated in opposite directions this morning. Currently, this area is trading in the range of 60,000 - 62,000 VND/kg.

Specifically, live pigs in Ben Tre continued to increase slightly, reaching 61,000 VND/kg. On the contrary, in Soc Trang, Hau Giang and Tra Vinh, live pig prices all turned down, reaching the same level of 60,000 VND/kg.

* Chicago Mercantile Exchange (CME) live cattle futures rose and beef hit a two-month high on October 4, 2024, in technical trading, with September jobs data rising more than expected boosting consumer demand. Hog futures hit a four-month high before falling in late October, Reuters reported.

The December 2024 pork futures on the CME fell 0.250 cents to end at 76.150 cents/lb after hitting its highest price since May 2024. The October 2024 pork futures ended down 0.150 cents to 84.025 cents/lb.

Source: https://baoquocte.vn/gia-heo-hoi-hom-nay-611-mien-bac-on-dinh-mien-trung-va-nam-bien-dong-trai-chieu-gia-thit-heo-o-my-giam-292715.html