Opportunity for farmer, but be careful

The price of finisher raised to 3,000-6,000 VND / kg in just one day 12/5, has extended the series of continuous increase of this item.

At present, the price of finisher is 2.5 times higher than in 04.2017, when bottom price point makes these ministries have to rescue.

According to the report of the Ministry of Agriculture and Rural Development, in March 2018, the price of finisher fluctuated around 31,000 – 34,000 VND/kg. Since then, prices continue to rise.

On 12/5/2018 in the southern provinces, the price of finisher fluctuations stronger, where increased from 4,000 VND/kg to 6,000VND/kg. Most of northern provinces, price of finisher increased from 1,000 VND/kg to 2,000 VND/kg compared to the previous day.

Breeders escape the loss

With the price of 45,000 VND per kg, price of finisher helped pig farmers escape losses and switch to fairly profitable. Not only finisher’s price raise to record levels, in many places, breeding pigs also increased rapidly to 1-1.2 million per/pig.

According to the Department of Livestock, rising finisher prices are in the estimated, as a result of implementing policies to reduce supply and increase demand. Estimated, the current number of pigs in the country decreased by 5.8% over the same period in 2017.

Mr. Nguyen Xuan Duong, Deputy Director of Department of livestock, “To this point, we have seen the positive that pig prices across the country have increased sharply, helping farmers earn profits. This will ensure the sustainable development of the pork industry”

According to experts, the cause of the high rise in pork prices also comes from the risk that the US-China trade war is likely to occur. If China taxed 2.5% of pork and soybeans imported from the United States, the price of pork imports from the US and input cost of pig production in China will increase. Then, China has to find alternative sources. The next forecast, China will have to increase import pork from other countries in the region.

However, when farmers are happy, consumers are worried. Do not know how much the price of pork will rise, when will it stop? The price of pork increased sharply at this time go backwards general trend of market rule for many years.

A small shopkeeper in Ha Dong said: “The whole pig is in the slaughterhouse, it is now selling 70000 – 72 VND/kg. Meanwhile, the price last week was only 45,000 to 50,000 VND/kg”. She said that about a week to buy a pig every day so the price should also change the session. Currently, the price of pork sold in the market increased from 15,000 to 20,000 VND/kg.

Should not keep the goods, increase pigs massively

In the context of large profit farmers, many livestock farms have vacated the barn all year round, now it is time to find breeding stock to raise the price of breeding also increased. Many farmers have finishers, but deliberately keep them from selling, hoping to wait for half a month, a month higher prices to make profit.

Due to the fact in the hot season, demand for pork will not increase, but decrease. If prices are too high, consumers will switch to other foods.

“We recommend farmers: time finisher pigs weighing between 90-110kg/pig can sell for profit, because the current supply is not lacking, nor should increase massively above”

Especially, do not go buy breeding pigs sold at high prices because of the very loss. This time, but on a massive herd, about 4 months, while it is still hot, the price of pork will fall. So when in a new herd, farmers need to consider carefully to avoid oversupply as early heavy losses in 2017″ Mr. Duong analyzed.

Department of livestock also recommends farmers breeding pigs: Before raising new flock to sanitary disinfection and detoxification to empty cage at least 15-20 days. Farmers need the flexibility in the use of animal feed, make use of the products and by-products of agriculture are available such as corn, soybeans, rice, straw, corn, grass.

Do not use banned substances in livestock production, ensure quality livestock products being sold. Seed quality also need special attention.

For re-herd livestock, make sure to enter the same unknown origin, country of origin, have quarantine certificates of veterinary offices. Enter additional varieties should quarantained 2-3 weeks to monitor the disease and ensure healthy new breed herd.

Colecting