The North
On March 11, the price of live pigs in the North decreased in some localities. In particular, in Thai Nguyen, Bac Giang, Hanoi..., the price of live pigs decreased from 78,000 VND/kg (March 10) to 77,000 VND/kg. The average price of live pigs in the North is 76,800 VND/kg.
Central - Central Highlands
In the Central - Central Highlands region, the price of live pigs remains stable in the range of 76,000 - 82,000 VND/kg. Some provinces and cities have the same price of live pigs at 76,000 VND/kg such as Quang Tri, Quang Nam, Quang Ngai...
Southern region
In the Southern market, the price of live pigs continued to increase slightly. Of which, the price of live pigs in Binh Duong and Ca Mau increased by VND 1,000/kg, reaching VND 82,000/kg. The average price of southern freshwater pigs reached 81,100 VND/kg.
Causes and predictions
In general, the pig price market on March 11 was stable in the Central region and fluctuated slightly in the Northern and Southern regions.
Many farmers believe that the long-term fluctuation of the price of live pigs may be a sign that the market has reached its peak and is unlikely to increase further in the near future. However, due to the lack of a quick recovery in supply, the downward pressure is not really clear, causing high prices to remain in the market.
According to the report of the Ministry of Agriculture and Environment, since the beginning of the year, there have been 45 African swine fever outbreaks nationwide, down 67% over the same period last year. However, the number of infected pigs was 4,331, an increase of 10%; the number of dead and destroyed pigs was 4,393, an increase of 2%. Currently, there are still 26 outbreaks nationwide in 17 districts of 11 provinces and cities that have not been controlled for 21 days.
Here are poultry and egg prices on 11.3:
