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Market NEWS

 weekly updates from vietnam and south east asia

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

11/11/2023

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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.
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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.
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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.
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​This activity received grant funding from the Department of Foreign Affairs and Trade under the Australia-Vietnam Enhanced Economic Engagement Grant Program

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Photos: Tim Schatz and MLA
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