Vietnamese pig producers are feeling positive as production costs fell significantly and prices recovered in Q2. Feed raw material prices are down 25% yoy, said Truong Si Ba, Chairman of BaF Vietnam. He predicted that by Q2 2024, the prices of energy and feed ingredients will return to pre-Covid 19 levels. Meanwhile, live prices have recovered as supply contracted due to ASF. Mr Ba also revealed the company will maintain its development plan to double its pig population to 337,000 heads this year.
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