Economy

Cattle prices increased slightly, but farmers are still not interested.

Hoai Thu June 17, 2024 09:29

Although the price of buffalo and cows purchased at wholesale markets has increased slightly, traders and breeders still face difficulties when the market competes with imported goods and the quantity consumed is small.

Prices increased slightly at wholesale markets.

Recorded at U market - the largest buffalo and cow wholesale market in the North Central region in Dai Son commune, Do Luong district (Nghe An), on the 6th day of the 5th lunar month, the wholesale price of buffalo and cows increased by about 1 million VND/head compared to the previous market session.

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The U market for buying and selling buffalo and cows in Dai Son commune (Do Luong) takes place 6 times a month. Photo: Hoai Thu

Mr. Le Van Duong - a long-time buffalo and cow trader residing in Dai Son commune said that in the last 2 U market sessions, this is the third session where the wholesale price of buffalo and cows at the market has increased slightly. Specifically, the price of buffalo is 58 - 60 thousand VND/kg, equivalent to about 22 - 30 million VND/head depending on the condition of each animal; the price of cows is 70 - 72 thousand VND/kg, equivalent to about 18 - 25 million VND/head. Each market session, Mr. Duong buys and sells about 100 - 200 animals, mainly cows. "I buy and sell buffalo and cows from the southern provinces to Nghe An, mainly Phu Yen, according to orders to the northern provinces, for slaughterhouses and restaurants" - Mr. Duong said.

In Dai Son commune, in addition to the U market which is held on the 1st, 6th, 11th, 16th, 21st, and 26th of the lunar month, daily transactions and trading also take place at households specializing in trading buffalo and cows, concentrated in hamlets 1 and 2.

Mrs. Nguyen Thi Than in Hamlet 2 has been working as a “logistics” worker at U market for decades. On days when the market is not open, she opens a service to take care of buffalo and cows in her garden.

“Bull and cow traders, when importing goods, usually stay for 1 session to about 1-2 days before shipping the goods. During that time, those who do not have enough barns to temporarily keep the animals will hire care services, including barns to keep and feed the buffalo and cows. In cases where the buffalo and cows are sick, or even ill, the care will take longer,” said Ms. Than.

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In some hamlets in Dai Son commune, buffalo and cow trading takes place every day. Photo: Hoai Thu

Buffalo and cow traders in Dai Son commune said that before the COVID-19 pandemic, most traders regularly purchased buffalo and cows in the western districts of Nghe An (mainly Ky Son, Tuong Duong, Que Phong) and sold them to Laos. However, since 2020, many buffalo and cow traders have gradually abandoned the highland market. The reason is that due to the embargo to prevent the pandemic, the import of goods to Laos has been "cut off"; partly because the price of buffalo and cows has dropped sharply, traders have no profit, and breeders do not want to sell. In addition, the roads are long, travel is difficult, and the increase in gasoline prices has also increased transportation costs.

According to traders, the domestic buffalo and cow market is currently facing difficulties in competing on price with buffalo and cow imported mainly from Thailand to Vietnam, which are cheaper than domestic "goods".

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Cattle are transported by car from Nghe An to the northern provinces for consumption. Photo: Hoai Thu

Highland breeders do not increase their herds.

The main source of income for Mr. Lau Giong Chua's family in Tien Tieu village, Nam Can commune (Ky Son) is raising cows. Mr. Chua said that before 2019, his family regularly maintained a herd of about 30 cows, with an average selling price of 25 million VND/cow, earning about 200 million VND/year. But since the trading of buffaloes and cows across the Vietnam - Laos border was banned, the price of buffaloes and cows has dropped sharply, at times dropping to only about 15 - 16 million VND/cow, so he and other farmers have not increased their herds; at the same time, they do not want to sell unless they need money.

Mr. Ho Ba Po - Chairman of the Farmers' Association of Nam Can commune also affirmed that last year, raising large cattle was the spearhead of economic development for the people here. "At that time, almost every day there were large trucks of traders from the lowlands coming to households to buy cows. The whole Nam Can commune had a total herd of more than 3,000 buffaloes and cows, each household raised at least 5-10 cows and the livestock was regularly re-herded, people were very excited. But for about 3 years now, almost all households have not increased their herds, raising them sparingly because of low prices, traders have also reduced the number of people coming to buy. Sometimes they have not come to buy cows for a whole month, especially from May until now" - Mr. Po confided.

In addition, Mr. Ho Ba Po said that from the end of May to the beginning of June 2024, in the localities of Laos that share the border with Nam Can, there was an epidemic in cattle, so trading between the two sides was even more limited, almost non-existent this whole month.

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People in Nam Can commune raise buffalo and cows to develop the economy. Photo: Hoai Thu

Similar to Nam Can, in Muong Long commune, Vice Chairman of the People's Committee of Vu Ba Xu commune said that for several years now, Muong Long people have not increased their herd of buffalo and cows, even reduced or switched to raising black chickens. The price of buffalo and cows has not increased since the beginning of the year, even the fattest fighting bulls are only sold for about 35 million VND/head, unlike before when fighting bulls were sold for 60 to 80 million VND/head. As for normal cows, which used to be about 25 - 30 million VND/head, in recent years have only been purchased by traders for 15 - 17 million VND/head. Moreover, the frequency of traders coming to Muong Long to buy cows has also decreased significantly.

“Previously, traders from Do Luong and Thanh Chuong came here to buy buffalo and cows every 2-3 days. Now, sometimes they don’t come to buy for half a month,” said Mr. Xu.

Large-scale cattle raising is a key economic sector in Ky Son as well as in the Western districts. The fact that the price of buffalo and cattle has not increased and that households are raising cattle at a moderate level has also significantly affected the socio-economic development in this locality. As of the first quarter of 2024, the whole Ky Son district has a total buffalo herd of about 11,700 heads, equal to 90% compared to the same period; the cow herd of about 45,200 heads, equal to 95% compared to the same period.

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Ky Son people maintain stable herds of buffalo and cows, waiting for prices to increase. Photo: Hoai Thu

Currently, the weather is hot, to prevent damage to livestock and poultry, the Department of Animal Husbandry and Veterinary Medicine is guiding localities to prevent heat for livestock, and promote vaccination according to regulations.

In the whole province, according to the Department of Agriculture and Rural Development, the total herd of buffalo and cows in Nghe An province is currently the largest in the country with more than 800 thousand heads. In 2023, Nghe An's livestock industry will develop in line with the industry restructuring direction, gradually shifting from small-scale, scattered livestock farming to concentrated farm farming. Currently, a number of areas and livestock farming facilities have been formed according to the value chain.

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People protect buffalo and cows from the heat by keeping them in captivity and supplementing them with green food. Photo: Hoai Thu

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Cattle prices increased slightly, but farmers are still not interested.
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