Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
Market Reports

June 26, 2018

Vietnam live hog prices rise across the country
 
An eFeedLink Exclusive
 
 
Price summary
 
Live hog prices generally rose across the country.
 

Procurement price of live hog over 80kg (Expressed in VND 1,000/kg)

 

W1

W2

W3

W4

Dong Nai

46,000

45,000

45,000

47,000

Binh Duong

44,000

45,000

47,000

46,000

Can Tho

46,000

46,000

47,000

47,000

HCM

47,000

47,000

46,000

46,000

Hanoi

47,000

48,000

47,000

47,000

(VND1,000 = US$0.0045 as of May)

 

Market analysis
 
Live hog prices saw an overall rise in May. In the north, prices ranged from VND 47,000 (US$2.06) to VND 49,000 (US$2.14) per kilogram, up VND 10,000 (US$0.44) to VND 12,000 (US$0.53) compared to last month. Prices were about VND 49,000 (US$2.14) per kilo in Lao Cai and VND 48,000 (US$2.10) per kilo in Ninh Binh. In Tuyen Quang, prices were VND 47,000 (US$2.06) per kilo, up VND10,000 (US$0.44). In Hanoi, prices stayed at about VND 47,000 (US$2.06) per kilo. 
 
In the south, prices also rose. It was VND 44,000 (US$1.93) per kilo in Tay Ninh and VND 47,000 (US$2.06) per kilo in Can Tho, up VND 10,000 (US$0.44) compared to last month. In Bac lieu, prices were VND 45,000 (US$ 1.97) per kilo, up VND 8,000 (US$0.35).
 
Generally, prices were up about 35-36% compared to January 2018 and 200% compared to the same period last year due to the continued shortfall in supply. According to data from the general statistics office, the herd size across the country was down 5.8% year-on-year.
 
 
Market forecast
 
Live hog prices are expected to reduce in the third quarter of 2018. Slaughter meat is expected to hit 2.78 million tonnes in 2018, an increase of 74,000 tonnes, up 2.74% compared to 2017.
 


All rights reserved. No part of the report may be reproduced without permission from eFeedLink.

Share this article on FacebookShare this article on TwitterPrint this articleForward this article
Previous
My eFeedLink last read