Live hog prices fluctuate, livestock industry still poses risks

Linh Chi |

Live hog prices in the recent past have not been really stable, posing many risks for farmers if the market fluctuates strongly.

At the Conference on disease prevention and control and sustainable livestock development held on March 12, Mr. Pham Kim Dang - Deputy Director of the Department of Livestock and Veterinary Medicine (Ministry of Agriculture and Environment) reported on the development of the livestock industry according to the sustainable value chain in 2026.

In which, representatives of the Department of Livestock and Veterinary Medicine said that in 2025, live hog prices will be maintained at 60,000–68,000 VND/kg, creating favorable conditions for stabilizing production, but also potentially increasing herds rapidly if market management is not well controlled.

Ông Phạm Kim Đăng - Phó Cục trưởng Cục Chăn nuôi và Thú y đã báo cáo về thực trạng chăn nuôi tại Việt Nam những năm qua. Ảnh: Mai Khôi.
Mr. Pham Kim Dang - Deputy Director of the Department of Livestock and Veterinary Medicine reported at the Conference on disease prevention and sustainable livestock development. Photo: Mai Khoi.

Live hog price fluctuations in the period from 2025 to early 2026 show that the pig farming market is still clearly affected by supply-demand relations, input costs as well as disease factors," said Mr. Pham Kim Dang.

In the first months of 2025, live hog prices remained at a relatively high level, creating motivation for many livestock households and businesses to expand production scale and restore herds after the previous volatile market period.

However, by the third quarter of 2025, the disease situation in pig herds in some localities will be complicated, especially the risk of recurrence of some dangerous infectious diseases. This makes many livestock households and farms cautious in restocking, even tending to sell pigs early or sell off to minimize disease risks. In the short term, the supply of pork to the market will increase, leading to local surplus and reducing live pig prices at some points in the second half of 2025.

Giá heo hơi trung bình từ đầu năm đến ngày 5.3.3026. Ảnh: Cục Chăn nuôi và Thú y.
Average live hog price from the beginning of the year to March 5, 2026. Photo: Department of Livestock and Veterinary Medicine.

Entering the end of 2025 and the first months of 2026, when the epidemic situation is gradually being controlled and consumer demand is increasing again, especially during holidays and Tet, live hog prices have tended to recover and increase again.

This price level contributes to creating a positive signal for the market, encouraging farmers and businesses to gradually restore production. However, livestock costs are still maintained at a high level because animal feed prices, breeding costs and logistics costs are still affected by fluctuations in the world raw material market. This makes the profits of farmers not really stable and potentially risky if the market fluctuates strongly," Mr. Pham Kim Dang assessed.

Representatives of the Department of Livestock and Veterinary Medicine said that in the current context, to develop the pork industry sustainably, it is necessary to continue to promote production organization according to the value chain, strengthen links between businesses and farmers to stabilize output and minimize market risks.

At the same time, it is necessary to improve productivity, improve seed quality, reduce production costs and promote the development of slaughtering and industrial processing systems. Increasing the proportion of processed livestock products and building a traceability system will contribute to improving added value, stabilizing consumption markets and increasing the competitiveness of Vietnamese livestock products in the coming time.

According to reporters' records, live hog prices have continuously decreased sharply compared to the time before the 2026 Lunar New Year. On March 12, live hog prices fluctuated from 60,000 - 68,000 VND/kg, of which the most common price in provinces and cities was 63,000 - 65,000 VND/kg.

Linh Chi
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