Pig price today November 24: Unpredictable fluctuations

In general, the live hog market last week remained unpredictable. Experts predict this trend will continue into next week. Currently, live hogs nationwide are being traded at around 60,000 - 63,000 VND/kg.

Pig price today, November 24: Unpredictable fluctuations. (Source: Vincom)

Pig price today November 24

*Pig price in the Northern region

The price of live pigs in the Northern region has continued to decrease rapidly over the past week. Currently, live pigs in this region are being purchased at around 61,000 - 63,000 VND/kg.

Of which, only the provinces: Thai Nguyen, Hung Yen, Hai Duong and Hanoi City still maintain transactions at 63,000 VND/kg, the highest in the region.

* Pig price in the Central Highlands region

Last week, the Central Highlands provinces recorded a decrease of 1,000 - 2,000 VND/kg in Thanh Hoa, Nghe An, Ha Tinh, Quang Binh and Thua Thien Hue; an increase of 1,000 VND/kg in Binh Thuan; only Lam Dong province saw a slight decrease in the middle of the week but quickly returned to an upward trend in the weekend session.

Currently, Lam Dong is the only province in the region where the price of live pigs reaches 62,000 VND/kg. The remaining localities are selling at prices ranging from 60,000 - 61,000 VND/kg.

*Pig price in the Southern region

The Southern live hog market adjusted up 1-3 times in price in some provinces and cities, ranging from 61,000 - 63,000 VND/kg.

Specifically, Long An, Ca Mau, An Giang, Kien Giang provinces and Can Tho city are selling live pigs at 63,000 VND/kg. In contrast, the lowest price in the region is 61,000 VND/kg, being purchased by traders in the provinces of Binh Phuoc, Tien Giang, Bac Lieu, Tra Vinh and Ho Chi Minh city.

According to a report from the US Department of Agriculture (USDA), Vietnam's pork output is forecast to increase by 3% to 3.8 million tons in 2024 , thanks to effective African swine fever control and policies to expand the pig herd.

In addition, domestic pig prices may continue to increase at the end of the year due to high demand during the Lunar New Year, along with the impact of storm No. 3 disrupting supply. Experts recommend that farmers closely monitor the market and maintain stable pig herds to optimize profits.

Source: https://baoquocte.vn/gia-heo-hoi-hom-nay-2411-bien-dong-kho-luong-294921.html