Pig price today November 8, 2024: Maintaining stable momentum in all 3 regions

Pig price in the North

In the Northern region, the price of live pigs today remained unchanged compared to yesterday, fluctuating between 62,000 - 64,000 VND/kg.

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

On the contrary, in provinces such as Lao Cai and Ninh Binh, the purchase price of live pigs is 62,000 VND/kg, which is the lowest price in the region.

The remaining provinces recorded live pig prices at around 63,000 VND/kg.

Pig price in Central Highlands region

In the Central Highlands region, the price of live pigs today remained unchanged compared to yesterday, ranging from 58,000 - 63,000 VND/kg.

Provinces such as Thanh Hoa and Nghe An recorded the highest price, 63,000 VND/kg.

Meanwhile, Dak Lak has the lowest pig purchase price in the region, only 58,000 VND/kg.

In other provinces, the price of live pigs ranges from 59,000 - 62,000 VND/kg.

Pig price in the Southern region

In the Southern region, the price of live pigs also remained stable compared to yesterday, fluctuating between 60,000 - 62,000 VND/kg.

Specifically, Can Tho and Dong Thap provinces have the highest purchase price, 62,000 VND/kg.

On the contrary, the provinces of Soc Trang, Tra Vinh, Hau Giang, Binh Phuoc, Dong Nai, Ba Ria - Vung Tau, An Giang and Bac Lieu recorded the lowest price, 60,000 VND/kg.

Other localities have live pig prices of about 61,000 VND/kg.

In general, the price of live pigs today in all three regions is stable, with prices ranging from 58,000 - 64,000 VND/kg nationwide.

In some markets, pork prices have not changed much. Popular items such as spare ribs and ribless pork belly cost around VND160,000 - 170,000/kg, while regular pork belly costs VND140,000/kg.

At Hoc Mon wholesale market, the output of pork pieces brought in was about 3,200, including 254 small pigs. The prices of pork here fluctuate as follows: baby back ribs 120,000 VND/kg, pork chops 75,000 VND/kg, lean pork 110,000 VND/kg.

According to Mr. Nguyen Kim Doan, Vice President of Dong Nai Livestock Association, the reappearance of small pigs is due to the complicated developments of African swine fever. Therefore, the total pig herd in many localities, not just Dong Nai, has decreased.

Although the northern provinces were affected by the storm, pig farmers predicted that the price of live pigs would increase to VND70,000/kg, but in reality, the price was below VND60,000/kg. The reason is that farms in areas not affected by the storm but have serious disease outbreaks, forcing under-aged pigs to be sold to the market early.

Due to African swine fever, many farmers have to sell pigs at low prices, sometimes accepting losses to minimize losses. The price of live pigs gradually decreases according to weight. Specifically:

Pigs reaching ideal weight (95kg - 1.3 quintals): 60,000 VND/kg.

Pigs under 90kg: 45,000 VND/kg.

Pigs under 70kg: 30,000 VND/kg.

Pigs under 50kg: only 17,000 VND/kg.

Currently, there is no effective vaccine to prevent the disease, so farmers have to sell young pigs to avoid further losses.

According to the Import-Export Department (Ministry of Industry and Trade), the pig farming industry maintained growth in the third quarter. However, the consequences of storm No. 3 in the North and African swine fever caused great damage, especially in damaged barns and pigs prepared for Tet.

Currently, pig production in small-scale households has decreased to about 35%-40%, while professional households and production farms account for 60%-65%.

The Department of Animal Health recommends that small-scale livestock farmers in epidemic areas should not immediately restock, because the pathogen is still latent and the risk of damage is high.