Spikes in pig prices were recorded across Vietnam this week, with the south experiencing the largest hikes as price tags rose to VND62,000 ($2.64) a kg. Retail prices at markets and supermarkets also went up, with pork side selling for VND140,000-160,000 a kg.

Pigs in a livestock farm in the Central Highlands’ Gia Lai province.

Hoang, a pig trader in the southern province of Dong Nai, said that prices are rising due to slow herd growth and low supply. The recent spread of African Swine Fever was cutting supplies of the animal.

Many provinces, such as Ninh Binh in the north, have spent billions of dong fighting the epidemic.

Nguyen Tri Cong, chairman of the Dong Nai Animal Husbandry Association, said that besides the African swine fever, recent drops in pork prices had prompted many small livestock households to quit recently, which also cut supply.

Cong predicted that prices wouldn’t rise enough to boost supply because demand is still low due to the economic recession, and many processing factories have also halted operations.

"Even at VND58,000-62,000 a kg, these household farmers can barely break even, or they turn just a small profit," he said.

Nicobar pigeons spotted in Con Dao National Park

The Nicobar pigeon, a species noted as globally endangered, has been spotted in Con Dao National Park in the southern province of Ba Ria-Vung Tau.

Major firms spend big on pig farming

Many big companies have been investing trillions of dong (VND1 trillion= $41.67 million) in raising pigs, with the Vietnamese pork market estimated at $15 billion.

Pig deaths after vaccination not because of vaccine quality: agriculture official

In June this year, Vietnam announced that it had successfully developed a vaccine to administer to pigs to fight African swine fever, with the aim of becoming the first country to commercially produce and export it.

HAGL profits up 25% on rising pig prices

Profits of agriculture company Hoang Anh Gia Lai (HAGL) surged 25% month-on-month to VND125 billion ($5.34 million) in July.

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.

Source: VnExpress