Pork supply expected to recover from this month: MARD
Pork supply will increase in the coming months to reach a total of 4 million tonnes this year.
Viet Nam News
HÀ NỘI - The Ministry of Agriculture and Rural Development (MARD) said that the domestic pork supply is forecast to increase from February.
The pork supply is estimated to reach 330,000 tonnes in February, and it will surge to 350,000 tonnes in March, 360,000 tonnes in April and May, and 365,000 tonnes in June. It is expected to increase to about 1.1 million tonnes in the third quarter and 1.15 million tonnes in the fourth quarter this year.
The total supply will reach over 4 million tonnes of pork this year if the African swine fever epidemic is controlled, according to the ministry.
According to Deputy Minister of Agriculture and Rural Development Phùng Đức Tiến the African swine fever epidemic is under control and many localities have focused on re-breeding pigs. Many localities have successfully reproduced pig herds, such as Bắc Giang, Vĩnh Phúc, Phú Thọ, Hưng Yên, Hải Dương, Nam Định, Thanh Hóa, Bình Định and Đồng Nai, so those provinces have enough supply for themselves and even for neighbouring provinces and cities.
The country now has 24 million pigs, including about 2.7 million sows.
The ministry also said that in January 2020, Việt Nam imported about 4,560 tonnes of pork, mainly from Germany, Poland, Brazil, Canada and the US. The imports were expected to continue growing in the coming months.
Tiến said MARD spoke with local enterprises to promote pork imports, while State agencies had created favourable conditions for the quarantine of imported pork.
However, local pork importing businesses said because of the African swine fever they faced difficulties in importing pork due to the low supply on the global market, according to the Ministry of Agriculture and Rural Development. Meanwhile, pork exporters in other countries usually produced enough pork based on export contracts signed at least 3-5 months ago.
This epidemic had caused pork prices in China to soar, so Chinese enterprises had been willing to import pork at prices 20-30 per cent higher and in larger volume compared to Vietnamese businesses.
The ministry said pork imported from the US was currently at higher prices than other countries, such as Brazil, Poland and Australia, and had taken from 35 to 45 days to arrive by boat.
Moreover, local businesses needed more capital for importing pork...