Farmers make considerable profits thanks to the surge in live pig prices

​(News Portal – Dong Nai) - After Lunar New Year 2024, live pig prices suddenly increased compared to the peak before Tet, the time when the market had the best purchasing power of the year. Specifically, the current price of live pigs sold in Dong Nai is fluctuating from 56-58 thousand VND/kg, an increase of 3-4 thousand VND/kg compared to the Tet peak. 

A pig farm in Thong Nhat district 

This fluctuation is the general situation of the market nationwide. In particular, Dong Nai's live pig selling price is the highest compared to the general level of provinces and cities in the Southern region. According to some pig buyers, the price of live pigs tends to increase after Tet due to the decrease in pig supply compared to before while the consumption market gradually becomes more stable when businesses and companies resume normal operations after the Lunar New Year. With this price, farmers have had good profits, creating favorable conditions for investing in new livestock.