Live pig price today in the Northern region
Live pig price today In the North, it is flat, fluctuating between 62,000 – 64,000 VND/kg.
Among them, traders in Thai Binh and Hanoi currently buy the highest live pigs in the region at 64,000 VND/kg.
Pig prices in the remaining localities are stable in the range of 62,000 – 63,000 VND/kg.
Live pig price today in the Central – Central Highlands region
Today’s pork price in the Central region and Central Highlands does not have many new fluctuations, fluctuating between 60,000 – 63,000 VND/kg.
Specifically, only Nghe An province adjusted the purchasing rate for live pigs by 1,000 VND/kg, to 62,000 VND/kg.
Pig prices in the remaining localities are stable. Of which, the highest price in the region recorded in Binh Thuan was 63,000 VND/kg; The lowest price of 60,000 VND/kg continued to be recorded in Quang Binh and Quang Tri; Other localities range from 61,000 – 62,000 VND/kg.
Live pig price today in the Southern region
Today’s pork price in the Southern region increased by 1,000 VND/kg in some places, fluctuating between 60,000 – 62,000 VND/kg.
Specifically, after increasing by 1,000 VND/kg, the price of live pigs in Long An and Vinh Long both increased to 62,000 VND/kg.
With the above increase, the price of live pigs in An Giang, Can Tho and Ca Mau also increased to 61,000 VND/kg.
Pig prices in the remaining localities are stable.
Notably, along with the increasing momentum in the market, today Vietnam Joint Stock Company also adjusted the selling price of live pigs in the South by 1,000 VND/kg, to 64,000 VND/kg, on par with the selling price in the South. North.
Follow live pig prices updated daily on Industry and Trade Magazine here.
In a recent report from the US Department of Agriculture (USDA) on the world meat market, world pork production in 2024 is expected to reach 115.6 million tons, down 0.6% compared to 2023. Global exports Demand in 2024 is forecast to increase by 4.4%, from 10.1 million tons to 10.5 million tons.
Imports reached 9.4 million tons, up 2.6%. Consumption decreased by 0.8%, from 115.4 million tons to 114.5 million tons. This decrease is mainly from the Chinese market. China currently accounts for 48.4% of world pork production, and is expected to produce 56 million tons of pork in 2024, down 3.4% compared to 2023. Pork import volume will decrease by 1.2%. down to 1.9 million tons.
USDA also forecasts Vietnam’s pork production to increase 3.8%, from 3.5 million tons in 2023 to 3.7 million tons in 2024, while imports increase 5.3% to 120,000 tons.
