The leader of the Department of Animal Husbandry and Veterinary of Dong Nai Province, on May 27, said that within the past half month, the prices of live hogs have continuously cooled down.
The leader of the Department of Animal Husbandry and Veterinary of Dong Nai Province, on May 27, said that within the past half month, the prices of live hogs have continuously cooled down. The prices of live hogs sold at farms range from VND63,000 to VND68,500 per kg, down VND3,000-VND5,000 per kg compared to those at the beginning of the month and VND27,000 compared to the highest price of live hogs in the history of VND94,000-VND96,000 per kg in the previous year.
Specifically, the current prices of live pigs of CP Vietnam Livestock Joint Stock Company located in Bien Hoa 2 Industrial Park are VND68,500 per kg for 3M porkers and 2M sows and VND63,000 per kg for 2M boars. These price levels have declined by VND3,000 per kg compared to those at the beginning of the month. Since the beginning of May, the company has reduced the prices of live pigs three times, cutting VND1,000 per kg each time.
According to the Department of Animal Husbandry and Veterinary of Dong Nai Province, the prices of live pigs have dropped because the market consumes sluggishly due to the impact of the Covid-19 pandemic, and the supply increases as farmers have gradually recovered their pig herds. By the end of April this year, the total pig herd in the province of Dong Nai reached about 2.4 million heads, an increase of about 600,000 heads over the same period. Noticeably, although the prices of live pigs have slid slightly, pork prices have not tended to decrease. Specifically, the prices of pork at some markets in Bien Hoa City on May 27 were VND160,000 per kg for pork belly and VND170,000 per kg for ribs, same as those at the beginning of the month.
Specifically, the current prices of live pigs of CP Vietnam Livestock Joint Stock Company located in Bien Hoa 2 Industrial Park are VND68,500 per kg for 3M porkers and 2M sows and VND63,000 per kg for 2M boars. These price levels have declined by VND3,000 per kg compared to those at the beginning of the month. Since the beginning of May, the company has reduced the prices of live pigs three times, cutting VND1,000 per kg each time.
According to the Department of Animal Husbandry and Veterinary of Dong Nai Province, the prices of live pigs have dropped because the market consumes sluggishly due to the impact of the Covid-19 pandemic, and the supply increases as farmers have gradually recovered their pig herds. By the end of April this year, the total pig herd in the province of Dong Nai reached about 2.4 million heads, an increase of about 600,000 heads over the same period. Noticeably, although the prices of live pigs have slid slightly, pork prices have not tended to decrease. Specifically, the prices of pork at some markets in Bien Hoa City on May 27 were VND160,000 per kg for pork belly and VND170,000 per kg for ribs, same as those at the beginning of the month.
(Source:SGGP)
