'Dancing' pork prices and restructuring of the livestock industry

In recent days, the price of live pigs has recovered but has been constantly fluctuating, sometimes jumping up to 45,000 VND/kg, sometimes falling to 30,000 - 35,000 VND/kg. Everyone is nervous, especially pig farmers.

The whirlwind of “dancing” pig prices is also an opportunity for the relevant authorities to review the recent livestock situation; the limitations and shortcomings of small-scale livestock farming methods. On that basis, there are solutions to restructure the pig farming industry in a sustainable direction, contributing positively to the socio-economic development of localities.

The Livestock Industry recommends that pig farmers should stay calm and not rush to restock at this time. Photo courtesy

However, it is time to change the economic thinking in pig farming right from the household level. In the coming time, small-scale pig farming, without traceability, poor management of banned substances, and lack of safety assurance, will find it difficult to survive. The most important issue is to reorganize pig farming in the direction of GAP, traceability, safety assurance, forming cooperatives and livestock cooperatives linked to the value chain, and solving the output of agricultural products.

To resolve and concretize the policy of restructuring the pig farming industry in the face of the goal and requirement of continued sustainable development, it is most necessary to link production in the form of cooperatives and cooperatives. Thereby, transferring the production process towards VietGAP, GlobalGAP, linking the value chain to build product brands, producing safe products.

At the same time, improve the effectiveness of state management of food safety, improve the effectiveness of product quality inspection, supervise the transportation and consumption of agricultural products and food. Promote support for production and consumption, develop distribution channels, and expand the market for safe food.

Faced with recent fluctuations in the pork consumption market, localities and farmers need to turn difficulties into opportunities to restructure the pig farming industry, form cooperatives and livestock cooperatives or large-scale livestock farm models, linked along the value chain, and safely.

MT/news