Meat processors have increased purchases of pork from domestic sources, instead of relying on imports, as pork prices are falling.
Meat processors have increased purchases of pork from domestic sources, instead of relying on imports, as pork prices are falling.
Speaking at a meeting with the HCMC Department of Industry and Trade on May 3, an official of Cau Tre Export Goods Processing JSC said the company has suspended imports and switched to using domestic pork. Cau Tre has bought 200-250 tons of pork which is enough for three months’ production.
Nguyen Dang Phu, deputy general director of major meat processor Vissan, said Vissan has raised the total number of pigs from 1,000 to 1,500 and has bought 1,800 pigs a day in the past 10 days. The company also plans to slaughter an extra 300 pigs a day.
Vissan has bought pigs meeting VietGap standards, raised under the Leafsap project and traced at Te-food website at VND26,900 (US$1.18) a kilo, which is a good price.
Live pig prices have averaged out at VND25,000-30,000 a kilo, a decrease of VND13,000-15,000 a kilo year-on-year.
Nguyen Huynh Trang, deputy director of the HCMC Department of Industry and Trade, said that in addition to working with processors, enterprises and distributors in the city, the department had met the Departments of Industry-Trade and Agriculture-Rural Development of other provinces such as Long An and Dong Nai. Around 9,000 to 10,000 pigs can be consumed at two farm produce wholesale markets of HCMC.
(Source:SGT)
