CP Vietnam, the country’s biggest animal feed producer, adjusted the prices of its fish feed products up by VND400 per kilogram Monday.

A pig farm in Hanoi.

Last month it had increased pig and compound feed by VND300.

Other manufacturers like CJ Vina Agri and GreenFeed Vietnam raised prices by VND300-500 last Friday, to around VND11,000-13,000 per kilogram (US$1=VND22,800).

They cited rising production costs since the world's biggest exporters of raw materials for animal feed production, South America, Russia and Ukraine, have been hit by adverse weather and conflict.

Vietnam imported around $551 million worth of animal feed and raw materials in January-February, mainly from Argentina, Brazil and the U.S.

Deputy Minister of Agriculture and Rural Development Phung Duc Tien said last month that feed prices had risen by 25-40 percent since the beginning of 2022.

With feed accounting for 65-70 percent of livestock farmers' costs, the price hikes have caused them huge losses.

Giau, a pig farmer in the southern Long An province, said he is struggling to break even despite selling pigs on the hoof at VND54,000 per kilogram and having his own brood animals stock.

"Costs have risen to VND54,000-60,000 per kilogram."

Hoa, another farmer in Dong Nai who buys brood animals, claimed she is losing VND500,000-700,000 on every pig she sells due to the high feed costs, and has reduced her scale to reduce losses.

Tien has called for producing domestic alternatives and expanding the fodder farming area in the country.

Bac Giang: Pig-raising billionaire voted Excellent Vietnamese Farmer 2021

(BGO) - Excellent Vietnamese Farmer 2021 Hoang Dinh Que in Quynh Son village, Quynh Son commune, Yen Dung district, Bac Giang province has developed a circular breeding model that combines pig farming and taking pig manure to raise earthworms for food for chickens, ducks and tortoises. Therefore, Que raised pigs without worrying about diseases, and won big.

Lam Dong approves two high-tech pig farming projects

The Central Highlands province of Lam Dong has agreed in principle to the implementation of two high-tech pig farming projects with total investment capital of VND450 billion (US$19.7 million).

Vietnam stops live pig imports from Thailand

Vietnam has decided to stop importing live pigs from Thailand starting June 30 after 980 of them were found infected with the African swine fever.

Vietnam successfully clones endangered pig breed

For the first time, Vietnam has successfully cloned the endangered Vietnamese Pot-bellied pigs using a somatic cell cloning technique.

Bac Giang sees favorable sale of pigs and poultry, with stable prices

(BGO) - Over the past week, the Sub-Department of Livestock and Animal Health in Bac Giang province has conducted animal quarantine on 173 vehicles transporting poultry, with an average of 500 heads per vehicle, an increase of 74.7 percent compared to the previous week.

Source: VnExpress