Hotline: +84 243 869 1980

General news

Poultry breeders suffer losses due to oversupply

Update: Dec 05, 2020 - 14:55 (GMT+7)

Diem Uyen – HUPHAVETDiem Uyen – HUPHAVETDiem Uyen – HUPHAVET

Poultry breeders suffer losses due to oversupply
Breeders are suffering losses as the overrsupply of poultry has led to low selling prices. Photo from nld.com.vn

ĐỒNG NAI — The oversupply of poultry has led to high costs and low selling prices, causing losses for breeders nationwide, especially in Đồng Nai Province, the leading area for battery chicken production.

Nguyễn Kim Đoán, vice chairman of Đồng Nai Livestock Association, said that breeders had mistakenly thought that consumers would pay more for poultry because of the outbreak of African Swine Fever (ASF) among pigs.

In fact, the number of customers buying poultry has been much lower than chicken sales.

Đỗ Văn Thông from the province’s Long Khánh City in the past raised 40,000 battery chickens, but he doubled the quantity after the outbreak of ASF.

Thông sold a kilo of live chicken for only VNĐ14,000 (US$0.6) per kg but breeding costs were up to VNĐ26,000 ($1.1). After deducting expenses, he lost nearly VNĐ1 billion ($43,100).

Đoán said the current number of chickens and ducks in Đồng Nai is 26 million, an increase of 4 million. For every 1,000 battery chickens sold, a breeder suffers a loss of VNĐ15-20 million ($646-862 million).

According to the Việt Nam Poultry Association, oversupply is also caused by the way the General Statistics Office counts chicken breeding rotations. The office’s breeding rotation is only 1.5 flocks per year.

However, the process to raise battery chickens often lasts between 42-60 days, so the rotation is up to 3-6 flocks per year.

The association estimated that the country has 317 million battery chickens and yearly productivity of up to 1.2 billion. — VNS


Maybe you are interested

Bà Rịa – Vũng Tàu farmers breed Pacific oysters
Bà Rịa – Vũng Tàu farmers breed Pacific oysters
Bà Rịa – Vũng Tàu farmers breed Pacific oysters

Viet Nam News / BÀ RỊA-VŨNG TÀU — Many farmers in the southern province of Bà Rịa – Vũng Tàu are breeding Pacific oysters since they have a high survival rate and steady demand in the market.

Mekong Delta authorities seek to boost farm produce sales amid transport restrictions
Mekong Delta authorities seek to boost farm produce sales amid transport restrictions
Mekong Delta authorities seek to boost farm produce sales amid transport restrictions

HCM CITY - Authorities in the Cửu Long (Mekong) Delta are taking measures to boost the sales of agricultural products as travel restrictions to prevent the spread of COVID-19 affect them.

Preparations made for swine fever
Preparations made for swine fever
Preparations made for swine fever

HÀ NỘI — A reaction plan to the African swine fever (ASF) is being developed by the Ministry of Agriculture and Rural Development after pigs were found infected with the disease in neighbouring countries.