Nghe An: Pig price drops sharply, now below 70,000 VND/kg

Pig prices in Nghe An are falling sharply, down to 62,000 - 67,000 VND/kg. Photo: Xuan Hoang

Nghe Anis a locality that develops pig farming, currently with a total herd of over 900 thousand pigs. Recently, the price of live pigs has tended to decrease sharply, causing difficulties for pig farmers.

Mr. Hoang Van Anh, who works as a pig butcher in Nam Thanh commune (Yen Thanh), said that currentlyporkdue to small-scale farmers being caught by traders at a price of 62,000 - 65,000 VND/kg. A week ago, the price of pigs was still above 70,000 VND/kg.

"Although the price of live pigs has decreased, it is difficult to catch pigs for meat because there are currently few pigs raised by small-scale farmers. Meanwhile, consumers want to eat pork raised by farmers, so they have to go to farmers' markets every day to buy pigs," Mr. Anh shared.

Mr. Thanh, the owner of a large-scale farm in Dien Tho commune (Dien Chau), said that the selling price of super lean pigs has dropped to 67,000 VND/kg, a decrease of 5,000 - 6,000 VND/kg compared to a week ago.

Pig prices have dropped sharply, causing retail pork prices to fall.marketalso decreased. Investigations at markets in Dien Chau, Yen Thanh, Tan Ky districts... showed that the price of pork has decreased to 110,000 to 130,000 VND/kg.

Pork sold at retail markets is slow to sell. Photo: Xuan Hoang

According to pig farm owners, due to the impact of the Covid-19 epidemic and African swine fever, market consumption has slowed down, and many people have switched to other types of food.

Mr. Ngo Duc Quynh - Deputy of the Department of Animal Husbandry and Veterinary Medicine said that the high price of animal feed, while the complicated developments of African swine fever have had a strong impact onbreeder, many people will sell off pigs. Meanwhile, the hot weather makes people not interested in pork, causing slow meat consumption. From these reasons, the price of live pigs has decreased in the past week.

It is known that the price of live pigs in the provinces has also decreased sharply. In the North, the price of pork fluctuates between 64,000 - 69,000 VND/kg. In the Central and Central Highlands regions, the price ranges between 67,000 - 75,000 VND/kg. In the South, the price of pork ranges from 67,000 - 71,000 VND/kg.

Compared to this time last year, the price of live pigs reached 100,000 VND/kg, so the current price of live pigs nationwide has decreased from 23,000 - 26,000 VND/kg./.