1.Animal feed import turnover in the first 7 months of 2024 was more than 2.91 billion USD, up 2.2%
According to preliminary statistics from the General Department of Customs, the import of animal feed and raw materials to Vietnam in July 2024 continued to decrease by 16.8% compared to June 2024 and decreased by 31.6% compared to July 2023, reaching USD 352.52 million. In the first 7 months of 2024, total import value of this group of goods reached over 2.91 USD billion, an increase of 2.2% compared to the first 7 months of 2023.
The largest import value of animal feed and raw materials was from the Argentine market, accounting for 28.4% of total import value of this group of goods nationwide, reaching nearly 827.06 USD million, an increase of 10.8% compared to the first 7 months of 2023; in which, July 2024 alone reached 108.98 USD million, down 36.8% compared to June 2024 and down 29% compared to July 2023.
The second largest market was the US, accounting for 22.4%, reaching USD 652.23 million, a sharp increase of 56% compared to the same period in 2023; In July 2024 alone, the import from this market reached nearly USD 68.69 million, down 19% compared to June 2024 and down 7.4% compared to July 2023.
Next, the import from Brazilian market in July 2024 decreased 43.1% compared to June 2024 and down 77.8% compared to July 2023, reaching nearly USD 32.94 million; in the first 7 months of 2024, the import from this market decreased by 14.2% compared to the first 7 months of 2023, reaching nearly 404.27 USD million, accounting for 13.9% of the total turnover.
(Source: Thuy Chung - Vietnam Industry and Trade Information Center)
2. Vinh Long: Cattle herd decreased by 6%
As of September 2024, the cattle herd of Vinh Long province had 76,250 heads, down 6% (or down 4,897 heads) compared to the same period of last year. The herd continued to decrease because the selling price of live cattle was still low, while natural food sources were scarce, and the price of animal feed was high, so herd repopulation was slow.
The price of live cattle remained at 86,000VND/kg and unchanged compared to the same period of last year. With the average production cost of 60,000-65,000 VND/kg, the farmers currently only make a profit of 21,000-26,000 VND/kg, or break even.
According to the statistics of agricultural industry, in recent times, the quality of the cattle herd has been maintained and developed in the direction of crossbreeding with foreign beef breeds for meat. In the coming time, the agricultural industry will continue to strengthen the inspection and close monitoring of the disease situation in livestock and poultry, proactively implement preventive measures, early detection, and timely treatment to prevent widespread spread, strengthen propaganda on disease prevention and control measures, biosafety and disease-safe livestock farming, good care and raising, regular disinfection and vaccination of herd.
(Source: Vinh Long Newspaper - NGUYEN KHANG)
