In week 42, the average price of beef thigh decreased compared to week 41 to 205,000 VND/kg, down 4.4% and the lowest so far of all weeks, this year. The average price of beef fillet increased slightly by 2.2% from 222,500 VND/kg (week 41) to 227,444 VND/kg (week 42).

In week 42, the average price of live-weight cattle remained steady at 86,000 VND/kg, unchanged compared to week 41. Regionally, in week 42, the price of live cattle in the North was higher than in other regions. For BBB Beef, the lowest price recorded in all three regions was 77,000 VND/kg, while the highest price was observed in the North at 85,000 VND/kg. The price of local cattle was comparatively lower by around 10-17,000 VND/kg than that of BBB cattle. The lowest price for local cattle was recorded in the Central Highlands at 60,000 VND/kg and the highest in the North and South at 70,000 VND/kg.

In week 43, the prices of Vietnamese beef at all supermarkets did not change compared to week 42. These prices have been maintained relatively stable in the last 4 weeks.

Like Vietnamese beef, the prices of imported Australian beef are also stable at most supermarkets, except for Winmart supermarket, which quoted the price of Beef short plate Kiaora down 13% to 335,000 VND/kg and the price of Brisket Navel End Pacow up 10% to 428,000 VND/kg.

In week 41, the average prices of beef thigh and beef fillet decreased compared to the previous week, especially the price of beef thigh decreased for 4 consecutive weeks. The average price of beef thigh was 215,000 VND/kg, down 3.6% and the average price of beef fillet was 222,500 VND/kg, down 5.3% compared to week 40. Both the average price of beef thigh as well as beef fillet were the lowest recorded average prices of the year so far. 

The average price of live weight cattle in week 41 slightly increased, this is also the highest price since September 2023 and one of the highest average prices of the year. However, the average weekly prices were relatively stable so far throughout the year ranging between 80,000 – 86,625 VND/kg.  The average price of live weight cattle in Week 41 was 86,000 VND/kg, up 4.9% compared to week 40.

In week 42, Vietnamese beef prices were stable at most supermarkets, except for GO supermarket meat, which reported a slight increase in beef fillet prices by 1,000 VND/kg and beef shank prices by 2,000 VND/kg compared to week 41.

In week 42, Australian beef prices remained unchanged at most supermarkets, except at Winmart supermarket. The price of Brisket Navel End Pacow decreased from 424,000 VND/kg (week 41) to 388,000 VND/kg (week 42) and the price of Beef short plate Kiaora increased from 338,000 VND/kg (week 41) to 385,000 VND/kg (week 42).

In week 40, the average price of beef thigh decreased sharply compared to week 39 to only 223,000 VND/kg, down 10.1%, and around the same price as in the weeks of April 2023. The average price of beef fillet increased slightly by 1.7% from 231,000 VND (week 39) to 235,000 VND/kg (week 40).

The average price of live weight cattle showed a decreasing trend from the last weeks of September. In week 40, the average price of live weight cattle was 82,000 VND/kg, down 1.2% compared to week 39.
Regionally, in week 40, the price of live cattle in the North was higher than in other regions. For BBB Beef, the lowest price was recorded in the South at 77,000 VND/kg, while the highest prices were observed in the North and Central Highlands, both at 84,000 VND/kg.
The price of local cattle was comparatively lower by around 10-12,000 VND/kg than that of BBB cattle. The lowest price for local cattle was recorded in the South and Central Highlands, both at 60,000 VND/kg, and the highest in the North at 74,000 VND/kg.

In week 41, Vietnamese beef prices remained unchanged at the supermarkets. The highest price of beef shank was reported at Go Mart at 385,000 VND/kg, while the highest price of beef fillet was at 380,000 VND/kg at Co.op Mart.

In week 41, imported Australian beef prices were stable at most supermarkets, except for Beef Short Plate Kiaora price decrease and Brisket Navel End Pacow price increase at Winmart supermarket compared to week 40.

Vietnam's total export value of livestock products in August 2023 reached 19.8 million USD, an increase of 41.6% over the previous month and 62.7% over the same period in 2022. 

​​In August 2023, live bovine animals; meat of swine, fresh, chilled or frozen; other meat and edible meat offal, fresh, chilled or frozen; and other prepared or preserved meat, meat offal or blood were Vietnam's main export livestock products with value of 5.03 million USD, 4.77 million USD, 3.8 million USD, and 3.4 million USD, respectively.

Hong Kong and ASEAN nations were the two largest export markets, accounting for export values of USD 46.0 million and USD 28.2 million during the first 8 months (Jan-Aug) of 2023. Exports to Australia hold a share of only 0.1% of the total exports of livestock products from Vietnam.

Live bovine animals constitutes one of the major export items in the month of August. Laos  and Cambodia were the major markets of live bovine exports with a share of 39.4% and 60.6%, respectively.

Vietnam's total import value of livestock products in August 2023 reached 168 million USD, up 9.9% over the previous month and down 0.2% over the same period in 2022. 

In August 2023, frozen meat of bovine animals valued at USD 55.4 million and live bovine animals valued at USD 27 million were among the top 3 imports of livestock products. 

India and Australia were the two largest market for imports to Vietnam, accounting for import values of USD 300 million and USD 189 million during the 8 months of this year (Jan-Aug 2023). It indicates a fall of 12% for India in 2023 compared to the same period of first 8 months in 2022 and a rise of 25% for Australia for the same period. 

Live bovine animals and meat of bovine animals, both fresh or chilled and frozen, constitute the major import items in the month of August.  Australia was the main source of live bovine animals. For meat of bovine animals, Australia was the main source for fresh or chilled meat (83%) and India for frozen meat (74.1%).

In August 2023, Vietnam's imports of livestock products from Australia reached 40 million USD, indicating an increase by around a third as compared to the import values in the previous month (July).  Of which, live bovine animals, fresh or chilled meat of bovine animals, and frozen bovine meat were the most imported products, with import values of USD 18.5 million, 1.3 million and 6.7 million, respectively. 

In August 2023, Vietnam's beef and cattle import value from Australia reached $38.9 million, marking a 32.4% increase compared to August 2022. Over the first 8 months of 2023, live bovine animals (cattle - not for breeding) was the most imported product, with a total import value of $116 million, representing a year-on-year increase of 63%. However, other products such as the meat of bovine animals, frozen; and fresh/chilled/frozen edible offal of bovine animals, swine, etc., experienced a decrease in import values. 

In August, most live cattle and beef products imported from Australia saw significant growth compared to July. Products that recorded strong growth included live cattle (up 46%), frozen boneless meat (up 20%), and fresh/chilled boneless meat (up 34%), etc.
The average import prices of live cattle and frozen boneless bovine meat increased in August compared to the previous month (July) in 2023. Prices of other meat of bovine animals decreased in August compared to July 2023.
The top 2 importing companies imported a little over half of all cattle and beef products from Australia in August 2023. 

In week 38, the price of beef thigh dropped to 260 thousand VND/kg, down 7% compared to week 37. Meanwhile, beef fillet increased slightly by 2% compared to week 37 at 255 thousand VND/kg.

In week 38, the average price of live weight cattle was at 84 thousand VND/kg, up 1% compared to week 37.

In terms of the current number of cattle handled in the facilities (feedlot or abattoir), the smallest feedlot had 100 heads of cattle whereas the biggest had 8000 animals in their feedlot. Similarly, the smallest abattoir slaughtered 7 animals in a day whereas the biggest slaughtered 30 animals in a day.

• The range of purchase prices remained unchanged for Abattoirs between Week 36 and Week 38, regardless of the beef breed. However, the prices in the Northern market increased by 1 - 2 thousand VND/kg compared to 2 weeks ago while the Southern market remained unchanged.
• Price range at feedlots saw a slight decrease in the minimum prices with prices starting at 76,000 VND/kg and 75,000 VND/kg for Australian and BBB cattle respectively in Week 38 as compared to 77,000 VND/kg and 75,000 VND/kg in Week 36.
• For the traders, prices of Thai Brahman and Myanmar cattle dropped in Week 38 compared to Week 36. While local cattle saw an increase in minimum prices from 72,000 VND/kg to 75,000 NVD/kg in Week 38, the maximum prices dropped from 90,000 VND/kg to 83,000 VND/kg. The minimum price of buffalo decreased from 57,000 VND/kg in Week 36 to 54,000 VND/kg in Week 38. However, the maximum price of buffalo slightly increased from 65,000 VND/kg in Week 36 to 67,000 VND/kg in Week 38. 

The available selling prices of hot beef remained unchanged between Week 36 and Week 38. 

Prices of Cambodian cattle in Week 38 at the region bordering Cambodia ranged between 48,000 to 50,000 VND/kg for animal weighing around 230 kgs and 58,000 to 60,000 VND/kg for animals weighing around 350 kgs. Slaughter cattle fetched between 66,000 to 67,000 VND/kg for animals weighing around 450-500 kgs while animals weighing between 600-700 kgs fetched around 68,000 to 70,000 VND/kg. ​

In week 39, the price of ​​Vietnamese beef cuts at supermarkets remained unchanged compared to the previous week, except for Winmart supermarket, which reported a decrease in beef fillet prices.

In week 39, prices of Australian beef remained relatively steady compared to the previous week, with the exception of beef shank and shoulder clod, which experienced price hikes at Go supermarket, and a decrease in prices for beef sirloin Hokubee at Homefarm supermarket.

​The average price of beef fillet and beef thigh decreased substantially in week 39. The average price of beef fillet decreased by 9.4% from 255,000 VND/kg (week 38) to 231,000 VND/kg and the price of beef thigh decreased by 4.6% from 260,000 VND/kg (week 38) to 248,000 VND/kg. The beef thigh price was on a downward trend after witnessing the highest average price of the year so far in Week 37.

The average price of live-weight cattle in week 39 decreased by 1.2% compared to week 38, from 84,000 VND/kg to 83,000 VND/kg. The current average price is around the same as the starting weeks of the year. 

​​In week 40, beef prices at most supermarkets in Vietnam remained stable, except for Go supermarket which increased the price of beef fillet to 365,000 VND/kg while decreasing the price of beef shank to 385,000 VND/kg compared to week 39.

​​In week 40, the prices of Australian beef remained stable at supermarkets, except for brisket navel end Pacow (Winmart) and grilled chuck crest (Home Farm) with reduced prices; and beef shank (Home Farm) and beef sirloin Hokubee (Home Farm) with increased prices compared to week 39.