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Pork prices rise to ensure farmers make a profit

Update: July, 30/2014 - 08:05

The Department of Finance has allowed companies under the market stability programme 2014 to raise prices by 5 per cent for five pork products from July 23.— Photo baodongnai

HCM CITY (VNS) — The Department of Finance has allowed companies under the market stability programme 2014 to raise prices by 5 per cent for five pork products from July 23.

The action was taken due to an increase by 10 per cent in input prices. It complies with the price adjustment policy.

The prices will be kept stabilised until May 31 next year. They include VND96,000-kg for thigh and VND87,000-kg for shoulder.

Farmers should make profits with these prices and be motivated to improve their business after a long period of loss, said the chairman of Dong Nai Breeding Association, Nguyen Tri Cong. — VNS

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