Vietnam’s enter prices and hog worth traits in Q1 2024 – Swine information


Value traits of enter fabrics within the first quarter of 2024


The cost of 6-9 kg piglets ranged from 1.3-1.5 million VND/head (pigs raised by way of farmers) and 1.4-1.7 million VND/head (corporate pigs) in March. This worth greater by way of 50 – 100 thousand VND/head in comparison to remaining month and greater by way of 200 – 500 thousand VND/head in comparison to the similar duration remaining 12 months.


The cost of compound feed for completing pigs was once 12,382 VND/kg (down about 0.1% in comparison to February 2024).


Costs of a few primary animal feed substances greater insignificantly as of March 2024:










Uncooked subject matter/feed Mar 2023 Feb 2024 Mar 2024
Corn 8.500 6.956 6.866
Soybean meal 14.400 14.068 14.158
Extracted rice bran 5.780 5.915 5.945
DDGS 9.660 8.207 8.259
Finisher compound feed 12.340 12.395 12.382


Value of live-weight pigs


From the start of 2024 till now, the cost of reside pigs has greater by way of about 10,000 VND/kg and persisted to extend quite within the remaining days of March and is at 58-62,000 VND/kg relying at the province.


Vietnam’s reside pig worth on the finish of March and early April 2024 is set 10,000 VND/kg upper than China’s.


Evaluating the common worth of reside pigs within the first quarter of the previous 3 years displays that the common worth within the first quarter of 2024 is just about 5,000 VND/kg upper (up 9.7%) in comparison to the similar duration in 2023.


With the manufacturing price Lately showing to vary from 45 – 50,000 VND/kg, the present product promoting worth within the first quarter of 2024 will make pig farmers successful.

April 8, 2024/ Ministry of Agriculture and Rural Building – Division of Farm animals/ Vietnam.
http://cucchannuoi.gov.vn/trang-chu

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