Many pig-farming households in Chau Thanh District in Tien Giang Province said that at present, the price of live pigs bought by traders is not high, so some households will keep their pigs till near the Lunar New Year to sell. According to Nguyen Van Cuong, a local pig-farming household, the price of porkers weighed at the barn was VND8 million per quintal, while traders sold porkers at about VND8.5 million per quintal. This price level is still profitable for pig farmers. However, compared to the previous year, this price is about VND500,000 per quintal lower. Therefore, his family still holds their pigs to wait until the price is high, then they will sell. In Dong Thap, Mr. Bach Tuan Kiet, Head of the Department of Disease Control under the Department of Livestock Production, Veterinary, and Fisheries of Dong Thap Province, said that the total pig herd in the province was more than 71,000 pigs in October last year. The provincial authorities have actively implemented detoxification … [Read more...] about Pork market for Tet holidays: plentiful supply, unstable prices
Pork live weight price
Pork prices fall as Vietnam increases imports
HCM City (VNS/VNA) - The imported pork and declining meat consumption have pushed pork prices down, helping stabilise the consumer price index. This month pork has been sold at the Hoc Mon wholesale market in Ho Chi Minh City for around 72,000 VND (3.17 USD) per kilogramme, 8,000 VND down from previous months, according to its management. Le Xuan Huy, deputy general director of the CP Livestock Joint Stock Company, said hog prices are down because of increased imports of both frozen pork and live pigs as well as lower demand. According to the Ministry of Agriculture and Rural Development, in the first seven months of this year Vietnam imported more than 93,248 tonnes of pork, mainly from Canada, Germany, Poland, Brazil, the US, Spain, and Russia, 223 percent up from the same period in 2019. The ministry licensed imports of pigs on the hoof from Thailand from mid-June. As of August 36 companies registered to quarantine more than 4.7 million … [Read more...] about Pork prices fall as Vietnam increases imports
Despite imports from Thailand, pork prices are still going up before Tet
However, there have been signs of pork prices increasing again due to the sharp rise in demand. The last days of the 11th month and early days of the 12th month of the lunar year are the time that processors collect meat in large quantities to process sausages and pork pies. The demand at this time is the highest of the year. … [Read more...] about Despite imports from Thailand, pork prices are still going up before Tet
HCMC fixes selling prices of pork for Tet holidays
Accordingly, there are eight types of pork in the market stabilization program whose retail prices increased this time. Of which, the price of ham rose from VND145,000 to VND151,000 kg; that of pork shoulder from VND145,000 to VND158,000 per kg; that of pork loin chops from VND140,000 to VND153,000 per kg; that of pork shanks from VND129,000 to VND139,000 per kg; that of pork armpit from VND127,000 to VND137,000 per kg; that of pork shoulder and ham lean from VND175,000 to VND190,000 per kg; that of pork tail bone from VND103,000 to VND113,000 per kg; that of pork bones from VND77,000 to VND85,000 per kg. Four enterprises in the market stabilization program that are allowed to increase their selling prices include Saigon Co.op, BigC, Vissan, and Saigon Agricultural Corporation (Sagri). On the other hand, the adjustment of the selling prices of pork from January 12 still ensures that the prices of pork in the program are lower than the retail prices of the same products in the … [Read more...] about HCMC fixes selling prices of pork for Tet holidays
Pork price not expected to spike during Lunar New Year
According to the Department of Animal Health, Ministry of Agriculture and Rural Development, the country imported nearly 226,000 tonnes of pork last year, a year-on-year increase of 260 per cent. … [Read more...] about Pork price not expected to spike during Lunar New Year