
Many livestock farms in Nghe An province, Vietnam, are reporting losses as live pig and chicken prices keep falling while feed and other input costs rise. One large pig farm reports losses of 5-6 billion VND per month since September, with pork selling at 42,000-43,000 VND/kg against a breakeven above 50,000 VND/kg.
Some smaller households are shrinking herds and holding back on reinvestment.
Lower pig and poultry prices combined with higher feed costs reduce herd sizes and future meat supply in Vietnam, which weighs on demand for feed ingredients such as corn, soybean meal and rice bran.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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