Pork supply to meet demand on domestic market next months

Nov 18th at 10:22
18-11-2019 10:22:30+07:00

Pork supply to meet demand on domestic market next months

Although pork is plentiful right now, the demand is expected to rise at the end of the year, then rocket by as much as 25 per cent when the Tet (Lunar New Year) holiday is coming near.

 

To meet the increase, Nguyen Xuan Duong, acting director of the Ministry of Agriculture and Rural Development (MARD)’s Department of Livestock Production, said there must be close cooperation between the agriculture and trade and industry sectors.

He said the average price of pork is still stable, around VND65,000-66,000 per kilo in the north and about VND60,000-61,000 in the south.

But there has been a price increase recently to VND75,000 per kilo but this is due to mistakes in circulation and miscommunication, not lack of supply, according to the Ministry of Agriculture and Rural Development (MARD).

Duong also said the domestic market has not ran out of pork because many localities such as Bac Giang and Hung Yen provinces still have large supply of pigs.

Together with dealing with the African swine flu, the domestic agriculture sector has instructed to raise poultry, cattle and seafood so the total food supply does not fall short.

According to the MARD's Department of Animal Health, the African swine fever virus has so far spread to more than 7,700 communes of nearly 650 districts in all 63 provinces and cities of Viet Nam.

More than five million pigs have been culled in a bid to stop the outbreak spreading.

Kieu Dinh Thep, sales director of CP Vietnam Livestock Joint Stock Company, said pork supply has increased by about 10 per cent against last year with an average selling price at VND65,000 per kilo. The company will keep its pork price stable until the end of the year.

To increase the supply, CP Vietnam has improved productivity and re-breeding herds with biosecurity measure, Thep said.

Nguyen Van Long, deputy director of the Department of Animal Health, said pig producers should use biosecurity and control measures to gain success in increasing number of pigs.

bizhub



NEWS SAME CATEGORY

Three coffee brands win competition

Three local coffee brands won the Vietpresso 2019 competition aimed at enhancing the value of Vietnam-branded coffee on November 15.

Gasoline prices rise after two earlier cuts

Prices of fuels on the local market picked up by VND255-VND350 per liter from 3 p.m. yesterday, following two previous price reductions, according to an...

Rice quality key to exports

Vietnamese rice producers and exporters needed to focus on quality and supplying products that were in demand, rather than simply looking at quantity, according to...

HCMC needs pork exchange floor to stabilize prices

HCMC needs a pork and pig exchange floor where safe pork can be traded and the prices of pork and live pigs can be stabilized, benefiting both customers and pork...

Asia Coffee-Trade picks up in Vietnam ahead of main harvest, Indonesia dull

Coffee trading in Vietnam picked up slightly ahead of the main harvest expected from mid-November, while the Indonesian market was dull as harvest season has...

Coal, crude oil imports see upsurge

Vietnam’s coal and crude oil imports increased in the first ten months this year as energy demand rose alongside economic expansion.

Ministry acts to ensure adequate pork supply

The Ministry of Industry and Trade over the past few months has proposed solutions to the prime minister to stabilize the local market in the lead up to the...

Viet Nam's rice crowned the best at 2019 World Rice Conference

Viet Nam’s organic rice from Soc Trang ST24 was crowned the best in the world at The Rice Trader (TRT) World Rice Conference 2019 in Manila, the Philippines, on...

Viet Nam to import LNG to meet burgeoning electricity demand

Demand for liquefied natural gas (LNG) will continue to be strong, outpacing domestic production by 2020 requiring the country to import around one million cubic...

Vietnamese rice yet to be exported under national brand

Nearly a year after the logo for Vietnamese rice was introduced, no local rice shipments have been exported under the national brand.

Commodity prices


MOST READ


Back To Top