Pork price surges

Head of the Department of Animal Husbandry Hoang Thanh Van said at a seminar on May 17 that pork price had increased and 200,000 tons of pork had been sold out.
Pork price surges
As of May 17, the country has 1.5 millions of pigs. Around 200,000 tons of pork had been sold for these days. Mr. Van said that pork price increased by VND8,000 – 9,000 per kilogram in some regions, making a good sign for breeders.

Participants of the seminar said that it posed high mishap for breeders if the government has not tightened control of the commodity but let markets be taken over by retailers.
Accordingly, farmers sold pigs at very low price as it maintained high in supermarkets and traditional markets. Consequently, the Government should issue husbandry law to handle the matter.

Though the price hiked, the Ministry of Agriculture and Rural Development admitted the price is still lowest in ten years since 2007 and pig farmers still suffered loss of VND 1-VND1.5 million a pig. The Ministry will be quick to implement measures to help pig farmers and stabilize the country’s husbandry sector.

In the southern province of Dong Nai, 11 stands were set up to sell pork at VND30,000 per kilogram and big companies have bought pigs for storage.

Dong Nai, HCMC, Hanoi and the northern provinces of  Hai Duong, Thai Binh, Nam Dinh, Ha Nam also adopted measures to resolve the problem by connecting breeders, slaughterhouse owners and enterprises.

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