According to Statistics of the Department of Agriculture and Rural Development HCM city, by the end of October, 2014, the total of cattle in the city was 149,153, an increase of 16.9% compared to the same period in 2013. In that growth is critical for the herd of cattle meat with 49,553 cattle, up 67% over the same period. According to Department of Statistics HCM city, industrial cattle farms in HCM can provide up to 760 cattle/ day (equivalent to 30,500 tons of meat).

 

 

According to the Animal Husbandry Department, by the end of November, 2014, Vietnam has imported 202,941 live cattle. Particularly the Australian market, Vietnam will import more than 180,000 cattle, surpassing the 150,000 cattle figure that is expected to more than 2 times in 2013. Not only the volume increases, the price of imported beef has increased approximately USD3.2 / kg, while in 2013 the average price of only USD2.4/ kg.

 

Michael Boddington from Asian Agribusiness Recruitment Training Development (AARTD) has been involved in agribusiness in Asia since 2000. AARTD has office both in Vietnam Ho Chi Minh City and China Beijing. So AARTD has a thorough understanding of the Vietnam and China agribusiness industry and produces up-to-date research reports on the market. We can offer insights on supply and demand trends and comments on the future structure of Asian agribusiness. If you would like to know more please email:michael@aartd.com

 

Source: http://nld.com.vn/kinh-te/thoi-cua-bo-thit-20150101214016057.htm