Tag Archives: price
Pig prices rise, farmers are excited
The price of live pigs has been continuously increasing, making farmers excited. Currently, the price of live pigs ranges from 65,000 to 71,000 VND/kg. Re-raising the herd since September 2024, after nearly 4 months of care, the herd of more than 20 pigs of Ms. Vo Thi Binh’s family in Ky Tho Bac village, Hanh Duc commune (Nghia Hanh) reached a weight of 70 – 80 kg/pig, and she sold them before Tet. Ms. Binh was excited to know that since December, the price of live pigs in the market has been continuously increasing, making farmers very excited. She waited..
Chicken and egg prices go up, increasing profits for farmers
Similar to pig farming, poultry farmers are actively raising their flocks to prepare products for sale to meet the strong demand for consumption at the end of the year. According to statistics from the Ministry of Agriculture and Rural Development, the total number of poultry in the country is estimated at 567,528 by the end of October; an increase of 2.6% compared to the same period in 2023. Industrial chicken prices in the North increased continuously in October due to limited supply, commonly trading around 33,000 VND/kg, some farms sold whole male chickens weighing more than 4 kg/head at 38,500..
Pig prices are high but there is no source to sell
According to Mr. Ngo Cao Cuong, Director of BaF Agricultural Finance, live pig prices tend to increase to about 70,000 VND/kg until the end of the second quarter. Currently on the market there are no breeding pigs or weaned pigs to re-herd, so prices are difficult to reduce. BAF Agriculture Joint Stock Company (Code: BAF) has just had a session to share with investors about the production and business situation in the first quarter. The company representative also forecast that the price of live pigs on the market will continue to increase. Mr. Ngo Cao Cuong, Chief Financial Officer, said..