Global Market Report: South East Asia Paul Anderson
The difference 12 months and the closure of the Chinese border to live Vietnamese pigs in November, pig prices have melted from May 2016 US $1.07 per pound live weight to the current pig price of US $0.37 per pound live weight, with production costs in the region of US $1.70, this means the pig producers are currently receiving less than half the cost of production and face huge losses.