Pig price on December 23, 2024: The North sets a new price level

DNVN - On December 23, 2024, the price of live pigs continued to increase in all three regions, with the North reaching a new peak. According to a survey, the price of live pigs nationwide currently fluctuates from 63,000 to 69,000 VND/kg.

Northern pig market

On the morning of December 23, the Northern region recorded the highest price of 69,000 VND/kg in the provinces of Hanoi, Tuyen Quang, Bac Giang and Thai Binh .

Also in the morning, the price of live pigs in Lao Cai and Ninh Binh increased by 1,000 VND, reaching 67,000 VND/kg; Yen Bai , Ha Nam and Nam Dinh recorded a price of 68,000 VND/kg. Currently, the purchase price of live pigs in the North fluctuates from 67,000 to 69,000 VND/kg.

Pig price in the Central and Central Highlands regions

The Central and Central Highlands regions saw prices increase in Nghe An , reaching VND67,000/kg.

The price of live pigs in this region ranges from 64,000 to 68,000 VND/kg, in which Thanh Hoa and Nghe An reached the two highest prices of 68,000 and 67,000 VND/kg, respectively.

Southern pig market

In the South, live pig prices continued to increase in Binh Duong and Bac Lieu, at VND67,000/kg and VND64,000/kg, respectively.

Currently, the price of live pigs in the southern provinces ranges from 63,000 to 67,000 VND/kg, of which Kien Giang, Tien Giang and Ben Tre maintain the lowest level in the region at 63,000 VND/kg.

Reasons for the increase in pig prices

- Year-end demand: Near Lunar New Year, pork consumption increases sharply, especially in large cities and the Northern region. Food production units step up purchasing raw materials for ham and other processed products.

- Reduced supply: Due to concerns about disease and high input costs, many farmers have reduced their herd size, causing market supply to not meet demand.

- High input costs: Prices of animal feed, transportation and other services increase, pushing up product prices.

Livestock model in Yen Bai

According to Yen Bai Newspaper, Xa Ho commune in Tram Tau district has completed 10 livestock models this year with a total cost of 324 million VND.

Specifically, the locality has deployed 6 buffalo and cow breeding models with a scale of 10 or more heads; a sow breeding model with 3 sows and 20 pigs; a pig breeding model with a scale of 5 sows and 50 pigs; and two cooperative groups breeding buffalo and cows with a scale of over 20 heads each.

In addition, Xa Ho commune authorities also guide people to choose livestock suitable to actual conditions to optimize economic efficiency from local potential.

Vice Chairman of Xa Ho Commune People's Committee, Mr. Tro A Sinh, shared that the total livestock herd of the commune currently reaches 6,542, including 988 buffaloes, 1,379 cows, 4,175 pigs, 1,700 goats and horses, and more than 16,000 poultry of all kinds.

Hung Le (t/h)

Source: https://doanhnghiepvn.vn/kinh-te/gia-heo-hoi-ngay-23-12-2024-mien-bac-thiet-lap-muc-gia-moi/20241223085739759