Live pig prices today, November 11, 2024: Remaining stable.

Pork prices in the Northern region

Today's live pig prices in the North remain stable compared to yesterday, fluctuating between 62,000 and 64,000 VND/kg.

Specifically, provinces such as Thai Nguyen, Phu Tho, Vinh Phuc, Bac Giang, Hanoi, Thai Binh, Hung Yen, and Hai Duong recorded the highest price of 64,000 VND/kg.

Conversely, the provinces of Lao Cai and Ninh Binh have the lowest prices at 62,000 VND/kg. Other localities have prices fluctuating around 63,000 VND/kg.

Live pig prices in the Central and Central Highlands regions

In the Central and Central Highlands regions, today's live pig prices remained stable compared to yesterday, fluctuating between 60,000 and 63,000 VND/kg.

Traders in Thanh Hoa and Nghe An provinces are buying at the highest price of 63,000 VND/kg, while Dak Lak, Khanh Hoa, and Quang Nam provinces have the lowest price at 60,000 VND/kg.

Other provinces recorded prices ranging from 61,000 to 62,000 VND/kg.

Pork prices in the Southern region

Live pig prices in the South also remained stable, fluctuating between 60,000 and 63,000 VND/kg.

Provinces like An Giang and Can Tho recorded the highest prices at 63,000 VND/kg, while provinces such as Soc Trang, Tra Vinh, Hau Giang, Dong Nai, Ba Ria - Vung Tau, and Bac Lieu recorded the lowest prices at 60,000 VND/kg.

Other provinces have prices ranging from 61,000 to 62,000 VND/kg.

Overall, live pig prices in all three regions of the country remained stable, fluctuating between 60,000 and 64,000 VND/kg today.

Here are eight predictions for the pig farming industry in Vietnam during the period 2025-2030:

Domestic pork demand: Although domestic pork demand remains high, it will gradually decrease as consumers shift to other foods such as poultry, seafood, red meat, and plant-based protein.

Competition with imported meat: The domestic pig farming industry will face increasing competition from imported pork, especially as imports are increasing by an average of 15-20% annually.

Disease outbreaks: Diseases such as African swine fever continue to be complex, posing difficulties for livestock farmers. Biosecurity measures will be crucial in controlling these outbreaks.

Environmental pressure: Environmental and greenhouse gas controls will increase pressure on the livestock industry, especially pig and cattle farming. Pig farms with a scale of 3,000 pigs/farm may have to conduct greenhouse gas inventories from 2027.

Reducing the number of pig farming households but increasing the total herd: The number of pig farming households will decrease, but the total pig herd nationwide will still increase by about 2-3% each year. It is projected that the pig herd size could reach approximately 28.5 million head by 2028.

Trends in pig farming: The pig farming industry will develop according to three main models: Chain farming linked with large corporations, offering stability and low risk; large-scale farming by households and farms that self-manage or process feed, requiring capital and management skills; and traditional farming, using by-products from communal kitchens, but with many risks regarding disease and food safety.

Challenges in constructing new facilities: Building new pig farms will be difficult, so existing facilities will play a crucial role in maintaining the stability of the pig herd size.

Developing breeds and slaughtering technology: Developing specific pig breeds and appropriate slaughtering technology will help the pig farming industry increase its competitiveness and meet the needs of the domestic market, while also meeting the requirements of international economic integration.