livestock
For more than a year, the price of animal feed has increased 10 times in a row and is rising further.
Farmers make modest profits and merchants pocket big money, so who’s to blame?
Experts have pointed out that the distribution of benefits in the livestock production chain has become unreasonable. Farmers who make products only earn a modest profit, while most of the money goes to merchants’ pockets.
Rising material and feed costs bridle husbandry companies
Husbandry companies are being squeezed on two fronts, with prices for poultry and cattle stagnating and falling in some cases while animal feed material prices have been surging, pushing many to halt production or even declare bankruptcy.
Vietnam to develop livestock sector
PM Nguyen Xuan Phuc has approved a plan to develop the livestock sector for the 2021-2030 period with a view to 2045.
Opportunities await VN husbandry sector over next decade
The outlook for Vietnam's livestock market was bright over the next ten years as the population grows to nearly 107 million with an average income of US$10,000, said Minister of Agriculture and Rural Development Nguyen Xuan Cuong.
Vietnam's livestock exports expected to fetch US$1.2 billion this year
The livestock and related sectors’ exports were worth US$855.4 million in the first nine months of the year and is expected to reach $1.2 billion for the year, according to the Ministry of Agriculture and Rural Development.