Pig price today September 27, 2024: 1 price increase in Quang Binh

Pig price in the Northern region

In the North, the price of live pigs today, September 27, 2024, remained unchanged, ranging from 68,000 to 70,000 VND/kg.

Traders in Hanoi and some neighboring provinces are buying pigs at the highest price in the region, 70,000 VND/kg.

Meanwhile, in Nam Dinh, the purchase price of live pigs is the lowest, only 68,000 VND/kg.

In other northern provinces, the price of live pigs is 69,000 VND/kg.

Pig price in the Central Highlands region

In the Central and Central Highlands regions, the price of live pigs increased slightly today in Quang Binh, ranging from 64,000 to 69,000 VND/kg.

Traders bought live pigs at the highest price in the region in Thanh Hoa and Nghe An provinces at 68,000 VND/kg.

The purchase price of live pigs in Quang Binh after the increase is 66,000 VND/kg, equivalent to the price in Lam Dong.

Traders bought at the lowest price in Khanh Hoa and Thua Thien Hue at 64,000 VND/kg.

The price of live pigs in other provinces and cities ranges from 65,000 to 67,000 VND/kg.

Pig price in the Southern region

In the Southern region, the price of live pigs today remained unchanged, ranging from 64,000 to 67,000 VND/kg.

Traders in Dong Thap, Dong Nai and Binh Duong are buying live pigs at the highest price of VND67,000/kg.

On the contrary, in Kien Giang and some provinces such as Long An, Tien Giang, Bac Lieu, Tra Vinh and Soc Trang, the purchase price of live pigs is the lowest, at 64,000 VND/kg.

In other localities in the region, the price of live pigs ranges from 65,000 to 66,000 VND/kg.

In general, pig prices have begun to stabilize nationwide, after a period of price increases. Pig prices surveyed this morning nationwide ranged from 64,000 to 70,000 VND/kg.

Vietnam’s livestock industry, considered one of the key industries, is transforming from small-scale to concentrated and large-scale farming. Livestock farming is not only an important economic sector but also affects the lives of about 6 million farming households.

In 2023, the livestock industry recorded a growth rate of 5.72%, with revenue reaching more than 33 billion USD, accounting for 26% of agricultural GDP and more than 5% of national GDP. In particular, pig farming is the main sector, accounting for 62% of total domestic meat production.

From 2019 to 2023, pork production will account for 60-64%, poultry 28-29%, and other livestock such as buffalo, cows, goats, and sheep 9%. Compared to the world, Vietnam's pork production rate is about 20% higher than the average. Vietnam currently ranks 5th in the world in terms of pig herd size and 6th in pork production.

By the end of 2023, the total number of pigs in the country will reach 25.5 million, an increase of 4.2% compared to 2022. The output of live pigs for slaughter in 2023 will reach 52.7 million.

By the end of June 2024, the total number of pigs is estimated at nearly 25.55 million, up 2.9% over the previous year. The output of live pigs for slaughter reached about 2,535.8 thousand tons, up 5.1%.