Wednesday, December 2 2020

VietNamNews

Large livestock firms should control pork prices

Update: December, 24/2019 - 08:48

 

HÀ NỘI — Large livestock enterprises should keep pork prices in check despite limited supplies on the domestic market due to African swine flu, said Minister of Agriculture and Rural Development Nguyễn Xuân Cường on Sunday.

Cường was speaking after spending the day inspecting cattle, poultry and pig herds in Bắc Giang Province to check there were enough supplies for before and after the Tết (Lunar New Year) holiday.

He said inflated pork prices would drive consumers away from local pork to other meats or imported products, causing problems for the domestic pork market.

There were also too many intermediaries involved in the distribution of pork products, adding to the higher prices, Cường said.

State agencies as well as production and distribution firms should try to reduce the number of intermediaries between production and distribution to benefit both producers and consumers, he added.

A consumer buys meat at a Hapro supermarket in Hà Nội. The State is trying to ensure pork supplies for the Tết festival but a shortage is forecast due to African swine flu. VNA/VNS Photo Phương Anh

On December 19, the Ministry of Agriculture and Rural Development (MARD) instructed Vietnamese livestock enterprises to focus on rebuilding their herds following the outbreak of African swine fever and ask them to desist from smuggling to Chinese market to enjoy higher prices. 

The MARD has asked the Ministry of Finance to direct localities to provide more funding for the farmers' recovery.

It has also asked the State Bank of Việt Nam to direct local banks to make it easier for businesses and farmers to access loans for expansion, recovery of livestock production and processing. 

To strictly control the pork market, the Ministry of Industry and Trade (MoIT) will set up inspection teams with the General Department of Market Management, and police and veterinary departments to control the market and stop the consumption of pork without origin.

At the same time, market watch departments in co-operation with other State agencies will closely monitor trade with neighbouring countries to ensure enough supply for the domestic market and prevent the spread of African swine flu.

The MoIT's Domestic Market Department forecast that demand in December 2019 and January 2020 would reach about 600,000 tonnes of pork.

Stable supply

According to the MARD, beef output this year is forecast to reach 350,000 tonnes, up 4.4 per cent year on year, while fresh milk output will surge 10 per cent to about 1.1 million tonnes. Poultry meat is estimated to hit 1.26 million tonnes, up 15 per cent, while eggs will rise 12 per cent to 14 billion.

Domestic pig production has faced many difficulties, especially African swine flu that has led to millions of animals being culled. Pork output in 2019 is estimated to reach 3.3 million tonnes, down 13.5 per cent from last year.

The MoIT has co-operated with relevant ministries and sectors to ensure a balance between supply and demand and stabilise markets for agricultural products at the end of the year and the Lunar New Year, especially for pork supplies.

The MARD has also promoted the development of the cattle, poultry and fisheries sectors to increase output by more than 400,000 tonnes compared to 2018. Those products should partially offset the pork shortage.

Importing pork would also help stabilise the domestic food market, said the MoIT, adding that in the first 10 months, Việt Nam imported 96,000 tonnes of pork with a total value of more than US$108 million, an increase of 101.7 per cent in volume and 94.9 per cent in value over the same period last year.

According to the MARD, total meat output in 2019 was estimated at 5.14 million tonnes, down 4.1 per cent year on year.

Pork is an essential food and accounts for about 70 per cent of meat consumed in the country, but output has fallen by 9-10 per cent, or 380,000 tonnes, compared to 2018. — VNS

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