Vietnam says cheap meat imports affecting local farmers

08.05.2017

By mid-March, Vietnam had imported 7800 tonnes of pork of different kinds, worth USD 9.4 million. The figure represented a 16% increase in quantity and 21% in value compared with the same period last year. The average price for imported pork is now USD 1.20 per kg.

By-products were imported at USD 0.88 per kg (5,400 tonnes were imported, worth USD 4.8 million), while fresh pork was USD 1.87 per kg. Local pork price, meanwhile, has dropped to a 30-year low. Farmers now can sell pork at only USD 1.10 per kg of live weight. The Livestock Department has cited oversupply as the cause of low prices.


asian-agribiz

Readers choice: TOP-5 articles of the month by UkrAgroConsult