Live pig prices on 11/12/2024: Stable across all three regions

Live pig prices on November 12 in the North

The live pig prices in the North show no changes compared to yesterday.

The lowest price in the region is VND 62,000/kg, which is being purchased in Lao Cai and Ninh Binh.

Traders in Yen Bai, Nam Dinh, Ha Nam, and Tuyen Quang are still trading at VND 63,000/kg.

Prices in other areas remain at VND 64,000/kg, which is the highest in the region.

Thus, live pig prices in the North on 11/12/2024, are trading between VND 62,000 - 64,000/kg.

Live pig prices on November 12 in the Central and Central Highlands

The live pig market in the Central and Central Highlands regions remains unchanged from yesterday.

Specifically, the price in Thanh Hoa and Nghe An is VND 63,000/kg, the highest in the region.

Other areas continue to trade around VND 60,000 - 62,000/kg.

Thus, live pig prices in the Central and Central Highlands regions on 11/12/2024, are trading around VND 60,000 - 63,000/kg.

Live pig prices on November 12 in the South

The live pig market in the South remains stable compared to yesterday.

The highest price in the region is VND 63,000/kg, which is being traded in An Giang and Can Tho.

Other areas continue to purchase around VND 60,000 - 62,000/kg.

Thus, the live pig prices in the South on 11/12/2024, are trading in the range of VND 60,000 - 63,000/kg.

Hau Giang: What factors influence the increase in livestock numbers?

According to the head of the livestock industry in Hau Giang, there are two important factors that influence the decision of farmers to increase their herds.

One is the market prices of input materials and the selling price of the products. The second is the situation of disease control in livestock populations. In recent months, live pig prices have been on the rise, and the price of pigs in Hau Giang is currently VND 60,000 – 62,000/kg. With the current input prices, the cost of purchasing piglets is nearly VND 2 million/pig, and the cost of industrial feed is about VND 3 million to raise a pig to 100 kg/pig.

Additionally, there are costs for building infrastructure, electricity, water, labor for care, veterinary services, and disease prevention. With current prices, farmers are making a profit of nearly VND 1 million/pig.

$ 1 = VND 25.130 - Source: Vietcombank.