Pig price today November 25, 2024: North drops sharply

Pig price in the North

Pig prices in the Northern region today (November 25, 2024) continued to decrease.

Specifically, 6 provinces including Yen Bai, Hung Yen, Hai Duong, Nam Dinh, Ha Nam and Hanoi all decreased by 1,000 VND/kg. The price of live pigs in Hanoi, Hung Yen and Hai Duong is currently 62,000 VND/kg.

Yen Bai, Ha Nam and Nam Dinh provinces have a purchase price of live pigs of 61,000 VND/kg.

In general, the price of live pigs in this area fluctuates from 61,000 - 63,000 VND/kg. Thai Nguyen is the only locality maintaining the price of 63,000 VND/kg, the highest in the region.

Pig price in Central Highlands region

In the Central and Central Highlands regions, the price of live pigs today also recorded a similar decrease as in the North, with the three provinces of Quang Binh, Binh Dinh and Dak Lak decreasing by 1,000 VND/kg.

The price of live pigs in this area currently fluctuates from 60,000 - 62,000 VND/kg.

In particular, Dak Lak is the only province with the lowest pig purchase price in the country, only 59,000 VND/kg.

Pig price in the Southern region

Pig prices in the South today fluctuated in opposite directions compared to the North and Central regions.

Specifically, Bac Lieu and Soc Trang provinces increased by VND1,000/kg, bringing the price of live pigs here to VND62,000/kg and VND63,000/kg, respectively. The remaining provinces kept prices stable at around VND61,000 - VND63,000/kg.

Binh Phuoc, Tien Giang, Tra Vinh and Ho Chi Minh City are currently trading live pigs at 61,000 VND/kg.

In general, today's live pig prices continue to have mixed adjustments between regions. Currently, the live pig price nationwide fluctuates from 59,000 - 63,000 VND/kg, depending on the locality.

According to a report from the US Department of Agriculture (USDA), Vietnam's pork output in 2024 is forecast to increase by 3% to about 3.8 million tons. The main reason is thanks to effective control of African swine fever and policies supporting the expansion of the pig herd.

Domestic pork prices are expected to increase in the coming weeks, especially as demand increases during the Lunar New Year. However, the impact of storm No. 3 could disrupt supply in some areas.

Experts recommend that farmers closely monitor market developments, stabilize pig herds and maintain reasonable costs to optimize profits in a context where prices may continue to fluctuate.

In Bac Kan province, as of November 20, more than 4,000 farming households were affected by African swine fever, with nearly 20,000 pigs dead and destroyed.

However, the epidemic situation here is showing signs of slowing down. Many localities have done a good job of preventing and controlling the epidemic.

As of November 21, 75/102 communes, wards and towns in the province have announced the end of the epidemic, while 12 communes have gone 21 days without an epidemic.

Districts such as Cho Don and Bac Kan city have announced the end of the epidemic in all communes, wards and towns with the epidemic.

Na Ri district has announced the end of the epidemic in 15/17 communes and towns with the epidemic, one commune has passed 21 days and one commune has not passed 21 days.

Cho Moi district also announced the end of the epidemic in 13 communes and towns, only Quang Chu commune has not passed 21 days.

Bach Thong district has announced the end of the epidemic in 8 communes and towns, and 6 communes have gone 21 days without detecting any new outbreaks.