weekly cattle and beef market update from vietnam (november 6-10, 2023)

Vietnamese version

After 6 consecutive weeks of price reduction, the average price of beef thigh in week 44 was 196,700 VND/kg, an increase of 0.3% compared to week 43. In contrast, the average price of beef fillet was 220,000 VND/kg, a decrease of 2.7% compared to week 43.

In week 44, the average price of live weight cattle was 86,000 VND/kg, one of the highest prices since the beginning of the year, an increase of 1.2% compared to the previous week.

In week 45, prices of Vietnamese beef at supermarkets remained stable compared to the previous week. However, beef shank at Go Mart decreased to 385,000 VND/kg, and beef fillet at Winmart  increased to 360,000 VND/kg.

Prices of Australian beef at supermarkets in week 45 remained unchanged compared to week 44 except for beef sirloin Hokubee at Home Farm, which was 749,000 VND/kg, a decrease of 13% compared to the previous week.