Vietnam’s Pig Livestock Figures for October, 2013
The price of live pigs has seen a decline recently as the North of Vietnam has recorded declining prices to VND 48,000-50,000 per kilogram, Central Vietnam recording prices of VND 43,000-44,000, and the South of Vietnam recording prices of VND 46,000-47,000.
Additionally, there has been a 1.5-2% increase in pork production from 2012 even with an equal pig herd size total.
While the price for raw materials have generally remained stable, there have been some changes such as a 5.1% increase in methionine prices, a 1.5% increase in soybean oil cake prices, an 8.1% decrease in manioc cutting, and a 1.9% decrease in fish meal prices.
Vietnam’s feed and raw material imports have reached USD 537 million for the month of October and have reached a total of USD 2.73 billion for 2013 to date, which signifies a 38.5% increase from the same period of 2012.
In other news in Vietnam, soybean imports have reached 79,000 tonnes and USD 49 million while corn imports have reached 284,000 tonnes and USD 83 million.
Michael Boddington from Asian Agribusiness Consulting (AAC) has been involved in agribusiness in Asia since 2000. AAC has office both in Vietnam Ho Chi Minh City and China Beijing. So AAC has a thorough understanding of the Viet Nam and China aqua industry and produces up-to-date research reports on the market. We can offer insights on supply and demand trends and comments on the future structure of Asian agribusiness. If you would like to know more please email This email address is being protected from spambots. You need JavaScript enabled to view it.This email address is being protected from spambots. You need JavaScript enabled to view it.
Source: http://heo.com.vn/?x/=newsdetail&n=4490&/c/=48&/g/=1&/29/10/2013/tinh-hinh-chan-nuoi-heo-thang-10-2013--the-situation-of-pig-livestock-in-october--2013.html