October 17, 2011

Vietnam's province to postpone chicken breeding

Due to high production costs, Vietnam's southern province of Dong Nai farmers have been forced to postpone chicken breeding, the Vietnamese newspaper reported Friday (Oct 14).

The majority of chicken raisers said they fell in losses as they had to pay more for chicken offspring, feed, veterinary drugs and labour while price of chicken they sell to traders decreased.

Many of them were forced to close their breeding facilities while others reduced production.

Prices of chicken decreased as the country's import of meat and chicken rose. In January-September, the country imported over 15,000 tonnes of meat and 71,000 tonnes of chicken products, up 4.5% from the same period last year.