Live pig prices today, September 29, 2024: Remaining stable.

Pork prices in the Northern region

Over the past week, live pig prices in the North have risen rapidly at the beginning of the week, especially in Hanoi, where prices reached 71,000 VND/kg.

However, prices dropped by 1,000 to 2,000 VND/kg in some provinces over the weekend. Currently, the purchase price of live pigs in the North ranges from 68,000 to 70,000 VND/kg.

The highest price, at 70,000 VND/kg, is in Hung Yen, Hai Duong, and Hanoi provinces. The lowest price is 68,000 VND/kg, applicable to Vinh Phuc, Nam Dinh, and Phu Tho provinces.

In the remaining provinces, the trading price is 69,000 VND/kg.

Live pig prices in the Central and Central Highlands regions

Over the past week, live pig prices in the Central and Central Highlands regions have fluctuated inconsistently. Specifically, current live pig prices range from 64,000 to 68,000 VND/kg.

In Thanh Hoa, the price of live pigs decreased slightly by 1,000 VND, to 68,000 VND/kg, equivalent to the price in Nghe An. Other localities in this region saw a slight increase in price, around 1,000 VND/kg.

Pork prices in the Southern region

Over the past week, live pig prices in the South have increased slightly by 1,000 to 2,000 VND/kg. Specifically, in Dong Nai, Binh Duong, and Dong Thap provinces, the current price of live pigs is 67,000 VND/kg, the highest price in the region.

In other localities in the South, the price of live pigs ranges from 64,000 to 66,000 VND/kg.

Nationwide, live pig prices are fluctuating between 64,000 and 70,000 VND/kg according to recent surveys. Live pig prices have started to decrease in the North and North Central regions, and this trend is expected to continue next week.

During the summer months of June to August, pork prices typically decrease due to reduced demand from students during their holidays. In September, when schools reopen, demand increases, and pork prices are expected to recover.

This past summer, due to the imbalance between supply and demand, live pig prices remained high.

Typhoon No. 3 caused severe damage to farms, leading to a reduction in supply and an increase in pork prices.

The market in the North is experiencing a significant price disparity: some areas are selling at low prices due to the impact of floods, while other areas are maintaining high prices.

Mr. Nguyen Van Trong, former Director of the Department of Animal Husbandry, commented that restocking pigs for the Lunar New Year will be difficult due to damage from floods and heavy rains, and that it takes at least 5 months to raise pigs for commercial purposes.