Pig price today September 8, 2024: Down 1,000 VND/kg

Pig price in the North

The price of live pigs in the North has not changed much, commonly from 64,000 to 66,000 VND per kilogram.

The provinces of Bac Giang, Hung Yen, Phu Tho and Tuyen Quang all have a purchase price of 66,000 VND/kg.

Lao Cai and Ninh Binh have lower prices, at 64,000 VND/kg.

Other areas in the North are keeping prices stable at 65,000 VND/kg.

Pig price in Central Highlands region

The live pig market in the Central and Central Highlands regions is currently quite stable with purchase prices ranging from 61,000 to 64,000 VND per kilogram.

In Binh Thuan province, the price of live pigs has decreased slightly, about 1,000 VND per kilogram, making the current trading price 62,000 VND per kilogram.

Steam price in the South

In the Southern region, the current price of live pigs has decreased slightly, about 1,000 VND per kg.

Current prices range from 61,000 to 64,000 VND per kg.

In Binh Phuoc, Dong Nai, Binh Duong, An Giang and Tien Giang provinces, prices have dropped to VND63,000 per kilogram.

Other provinces in the region kept prices the same as the previous day.

In the first 8 months of 2024, Vietnam has basically controlled the epidemic. Policies to tighten imports and prevent smuggling have been implemented, while exports have been promoted. Livestock product prices have increased higher than production costs, encouraging herd restoration.

Vietnam's total pig herd is expected to increase by 2.2% compared to 2023, showing the industry's steady growth. The pig farming industry is gradually shifting from small-scale to large-scale, concentrated and commercial.

However, the industry still faces many challenges such as epidemics, climate change, market fluctuations, and dependence on animal feed ingredients. Antibiotic resistance and environmental management are urgent issues that need to be addressed in the Vietnamese livestock industry.