Near Tet, food prices are racing to increase

Through research in some localities, it is known that the price of live pigs has increased quite sharply in recent days. Mr. Nguyen Van Anh and his wife, who specialize in slaughtering pigs and cows in Nam Thanh commune (Yen Thanh), said: The price of live pigs as of January 19 has increased to 45,000 VND/kg for domestic pigs and 50,000 VND/kg for farm pigs. Compared to 1 week ago, it has increased by 4-5 prices.

The sharp increase in live hog prices has also pushed up the price of pork. Pig farmers are very excited to sell at this time. Photo: Quang An

The increase in the price of live pigs has caused pork to increase accordingly. Currently, pork belly in Yen Thanh is sold for 75,000 VND/kg, rump is 90,000 - 95,000 VND/kg...

Mr. Anh and his wife added: Up to this point, although the price of cows and tamarinds has not increased, the shortage of goods makes it difficult to buy, and it is expected that the price will increase during Tet. To proactively source slaughtered goods for Tet, Mr. Anh and his wife bought 10 cows and tamarinds a month ago.

In Vinh City, the price of live pigs fluctuates between 48,000 - 50,000 VND/kg. This price has increased sharply compared to the beginning of the month, when it was only 40,000 - 42,000 VND/kg.

Due to the increase in the price of live pigs, the price of finished pork products has also increased significantly. Specifically, lean pork loin costs from 120,000 - 130,000 VND/kg, pork belly costs 100,000 VND/kg...

The current price of commercial goats is 150,000 VND/kg, higher than usual. Photo: Quang An

In recent years, some people tend to choose specialty foods for the end of the year such as goat, black pig, wild boar, free-range chicken, etc. Therefore, this is also the time when specialty breeders can easily sell their products at higher prices.

Mr. Le Van Tri, a goat farmer in Dien Kim commune (Dien Chau) shared: 1 month ago, the price of commercial goats was 120,000 VND/kg but now it has increased to 140,000 - 150,000 VND/kg and shows no signs of stopping. Households that raise a lot of goats sell 7 - 10 goats during this time, earning tens of millions of VND.

Poultry prices are slightly higher than in early January. Photo: Quang An

Poultry meat also increased slightly. At Hung Dung market, the price of chicken increased from 110,000 VND/kg to 130,000 VND/kg, industrial chicken fluctuated from 70,000 - 90,000 VND/kg; duck cost 80,000 VND/kg, this price increased from 10% - 15% compared to normal days.

According to traders, the price of livestock and poultry has increased because people's purchasing power is high at this time, many traders have stocked up on goods to sell during the days before Tet.

Not only livestock and poultry, aquatic and seafood products are also showing signs of increasing in price. For sea fish served for Tet such as mackerel, scad, silver pomfret... all increased by 20,000 - 30,000 VND/kg compared to normal days; the most expensive is still mackerel with a selling price of 230,000 VND/kg. Grilled fish is also being asked to buy by many retailers during this occasion.

Popular freshwater fish during the pre-Tet period. Photo: Quang An

Currently, freshwater seafood prices have also increased sharply. At Quan Lau market (Vinh city), on the morning of January 19, the price of snakehead fish was 70,000 - 80,000 VND/kg, silver carp 60,000 VND/kg, grass carp 50,000 VND/kg... Field crabs, frogs, and loach also increased by about 20% compared to normal days. In particular, field eel is currently at a record price of 150,000 VND/kg./.