Cheap live weight prices and relatively high prices of feed have caused pig farmers to suffer losses worth VNĐ1 million (US$43) per pig, local media reported.
According to the ministry, the country has over 29 million pigs, including more than 4.2 million sows.
In 2016, big- and medium-sized pig farms increased production by 23 per cent compared with 2015.
Total capacity of animal feed factories across the country reached over 31 million tonnes per year, about 6 million tonnes higher than that the country planned to have by 2020.
Last year, Việt Nam’s animal feed production was 23.5 million tonnes, making it the biggest animal feed producer in ASEAN and the tenth biggest in the world.
Localities were asked to review their pig farming plans to better match of market demand and their potential.
Localities should not increase their quantity of pigs especially sows, Cuong said, calling them to raise pigs that generate high yield or special ones to suit to certain groups of consumers.
The ministry also asked people’s committees in provinces to instruct pig farmers to apply diversified models such as semi-industrial hog production, conventional or organic farming in stead of solely develop industrial hog production.
Tuesday February 21, 2017/ Viet Nam News/ Vietnam.
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