CATTLE AND BEEF PRICE INFORMATION - 28 OCTOBER 2024
Australian cattle prices remain stable: average steers are priced at 74,000 VND/kg, and non-steers at 76,000 VND/kg.
The border area in Long An is closed at the moment, leading to fewer cattle arriving from the south.
Meat prices are holding steady, ranging from 180,000 to 190,000 VND/kg; in the southern region, they range from 170,000 to 180,000 VND/kg.
However, small-scale farmers are still facing price pressure from traders, as cattle prices have been low for an extended period. This has led to poorer quality in cattle breeding, with inferior stock quality resulting in average prices only reaching 73,000 to 76,000 VND/kg for F1 3B crossbred cattle.
The border area in Long An is closed at the moment, leading to fewer cattle arriving from the south.
Meat prices are holding steady, ranging from 180,000 to 190,000 VND/kg; in the southern region, they range from 170,000 to 180,000 VND/kg.
However, small-scale farmers are still facing price pressure from traders, as cattle prices have been low for an extended period. This has led to poorer quality in cattle breeding, with inferior stock quality resulting in average prices only reaching 73,000 to 76,000 VND/kg for F1 3B crossbred cattle.
CATTLE AND BEEF PRICE INFORMATION - october 2024
The price of Australian cattle remains stable, averaging between 76,000 - 78,000 VND/kg. Castrated cattle and Charolais-cross cattle are priced around 73,000 - 75,000 VND/kg.
A large quantity of cattle is being imported from Thailand, Cambodia, and Myanmar at lower prices. High-quality Thai cattle are priced between 77,000 - 78,000 VND/kg.
Wholesale meat prices remain unchanged, ranging between 180,000 - 190,000 VND/kg.
However, small-scale farmers are still being pressured by traders, resulting in long-term low prices for their cattle. Consequently, farms with poor breeding stock produce lower-quality cattle, with prices for F1 crossbred 3B cattle averaging only 75,000 - 78,000 VND/kg.
Many cattle are being imported across the borders from Laos and Cambodia.
Currently, there is a significant influx of Cambodian cattle, with a border crossing fee of 550,000 VND per head. The fee for hiring brokers to purchase cattle is 200,000 VND per head.
Quarantine fees range from 10,000,000 to 12,000,000 VND per truck (carrying 40-50 cattle). Transporting a truckload of about 35 cattle from Long An to northern Vietnam costs approximately 40 million VND in transportation fees.
A large quantity of cattle is being imported from Thailand, Cambodia, and Myanmar at lower prices. High-quality Thai cattle are priced between 77,000 - 78,000 VND/kg.
Wholesale meat prices remain unchanged, ranging between 180,000 - 190,000 VND/kg.
However, small-scale farmers are still being pressured by traders, resulting in long-term low prices for their cattle. Consequently, farms with poor breeding stock produce lower-quality cattle, with prices for F1 crossbred 3B cattle averaging only 75,000 - 78,000 VND/kg.
Many cattle are being imported across the borders from Laos and Cambodia.
Currently, there is a significant influx of Cambodian cattle, with a border crossing fee of 550,000 VND per head. The fee for hiring brokers to purchase cattle is 200,000 VND per head.
Quarantine fees range from 10,000,000 to 12,000,000 VND per truck (carrying 40-50 cattle). Transporting a truckload of about 35 cattle from Long An to northern Vietnam costs approximately 40 million VND in transportation fees.
CATTLE AND BEEF PRICE INFORMATION - 28 AUGUST 2024
The price of Australian cattle has increased by 1-2 thousand VND, averaging between 76,000 - 78,000 VND per kilogram. It is expected that the price will rise further in the upcoming lunar month of August. Currently, it's the lunar month of July, so the price movement is slower compared to other months of the year.
A significant amount of cattle is being imported from Thailand, Cambodia, and Myanmar, leading to lower prices.
Meat prices remain stable, fluctuating between 180,000 - 190,000 VND per kilogram.
There is a significant influx of cheaper beef imported from Thailand, Cambodia, and Myanmar.
However, small-scale farmers are still being pressured by traders to lower their prices. With the prolonged decline in beef prices, many small farms are struggling with poor quality feed and inferior breeds, leading to lower quality beef. As a result, the average price for F1 crossbred 3B cattle is only 73,000 - 76,000 VND/kg.
The cross-border beef trade is still very busy, with a substantial amount of cattle being imported into Vietnam.
A significant amount of cattle is being imported from Thailand, Cambodia, and Myanmar, leading to lower prices.
Meat prices remain stable, fluctuating between 180,000 - 190,000 VND per kilogram.
There is a significant influx of cheaper beef imported from Thailand, Cambodia, and Myanmar.
However, small-scale farmers are still being pressured by traders to lower their prices. With the prolonged decline in beef prices, many small farms are struggling with poor quality feed and inferior breeds, leading to lower quality beef. As a result, the average price for F1 crossbred 3B cattle is only 73,000 - 76,000 VND/kg.
The cross-border beef trade is still very busy, with a substantial amount of cattle being imported into Vietnam.
CATTLE AND BEEF PRICE INFORMATION - 1 August 2024
The price of Australian cattle has decreased by 2000-3000 VND/kg compared to last week. The current average price is 75,000 - 76,000 VND/kg for high-quality cattle, while overfat Australian cattle are priced at 72,000 - 74,000 VND/kg.
The price of beef remains stable, ranging from 180,000 to 190,000 VND/kg. However, small-scale farmers are still being pressured by traders to lower their prices. With the prolonged decline in beef prices, many small farms are struggling with poor quality feed and inferior breeds, leading to lower quality beef. As a result, the average price for F1 crossbred 3B cattle is only 73,000 - 76,000 VND/kg.
The cross-border beef trade is bustling, with a substantial amount of cheaper cattle from Thailand, Cambodia, and Myanmar.being imported into Vietnam.
The price of beef remains stable, ranging from 180,000 to 190,000 VND/kg. However, small-scale farmers are still being pressured by traders to lower their prices. With the prolonged decline in beef prices, many small farms are struggling with poor quality feed and inferior breeds, leading to lower quality beef. As a result, the average price for F1 crossbred 3B cattle is only 73,000 - 76,000 VND/kg.
The cross-border beef trade is bustling, with a substantial amount of cheaper cattle from Thailand, Cambodia, and Myanmar.being imported into Vietnam.
Currently, there is a significant influx of Cambodian cattle, with a border crossing fee of 550,000 VND per head. The fee for hiring brokers to purchase cattle is 200,000 VND per head.
Quarantine fees range from 10,000,000 to 12,000,000 VND per truck (carrying 40-50 cattle). Transporting a truckload of about 35 cattle from Long An to northern Vietnam costs approximately 40 million VND in transportation fees.
There is also a high volume of cattle being imported from Thailand and Myanmar into Vietnam.
Quarantine fees range from 10,000,000 to 12,000,000 VND per truck (carrying 40-50 cattle). Transporting a truckload of about 35 cattle from Long An to northern Vietnam costs approximately 40 million VND in transportation fees.
There is also a high volume of cattle being imported from Thailand and Myanmar into Vietnam.
CATTLE AND BEEF PRICE INFORMATION - 11 JUNE 2024
NOTE: Locations are approximate
Prices are in Vietnamese Dong (VND)
- Australian cattle prices remain stable compared to two weeks ago, 3B cattle prices have increased compared to last week.
- Hot weather has reduced meat consumption. However, the number of cattle at farms and among local farmers has decreased, causing cattle prices to rise slightly.
-The border has been open for 3 days, and a significant number of cattle (including cattle from Thailand and Myanmar) are being imported from Cambodia with a border crossing fee of 550,000 VND per head.
Disease inspection costs are between 10,000,000 - 12,000,000 VND/ truck of 40 - 50 head of cattle.
Prices have been fluctuating depending on the border situation
Prices are in Vietnamese Dong (VND)
- Australian cattle prices remain stable compared to two weeks ago, 3B cattle prices have increased compared to last week.
- Hot weather has reduced meat consumption. However, the number of cattle at farms and among local farmers has decreased, causing cattle prices to rise slightly.
-The border has been open for 3 days, and a significant number of cattle (including cattle from Thailand and Myanmar) are being imported from Cambodia with a border crossing fee of 550,000 VND per head.
Disease inspection costs are between 10,000,000 - 12,000,000 VND/ truck of 40 - 50 head of cattle.
Prices have been fluctuating depending on the border situation
CATTLE AND BEEF PRICE INFORMATION - 24TH MAY 2024
NOTE: Locations are approximate
Prices are in Vietnamese Dong (VND)
- Australian cattle prices remain stable compared to two weeks ago, BBB cattle prices have increased compared to last week.
-Hot prices at slaughterhouses have increased compared to previous weeks.
- The border has been closed for 5 days, which could be the reason for the rise in BBB cattle prices.
- There has been a ban on border trade between Cambodia and Vietnam for the past 5 days
Prices are in Vietnamese Dong (VND)
- Australian cattle prices remain stable compared to two weeks ago, BBB cattle prices have increased compared to last week.
-Hot prices at slaughterhouses have increased compared to previous weeks.
- The border has been closed for 5 days, which could be the reason for the rise in BBB cattle prices.
- There has been a ban on border trade between Cambodia and Vietnam for the past 5 days
CATTLE AND BEEF PRICE INFORMATION - 30TH APRIL 2024
NOTE: Locations are approximate
Prices are in Vietnamese Dong (VND)
Medium Abattoir:
Cattle prices have increased by 1,000 - 3,000 VND/kg depending on the type. Australian cattle prices range between 78,000 - 80,000 VND/kg, an increase by 2 thousand VND/kg compared to last week.
Although meat consumption has decreased due to hot weather, the cattle prices have gone up mainly due to fall in the number of cattle in feedlots and farms.
Prices in the border region have remained stable even though there is still a high volume of cattle being imported into Vietnam.
Prices are in Vietnamese Dong (VND)
Medium Abattoir:
Cattle prices have increased by 1,000 - 3,000 VND/kg depending on the type. Australian cattle prices range between 78,000 - 80,000 VND/kg, an increase by 2 thousand VND/kg compared to last week.
Although meat consumption has decreased due to hot weather, the cattle prices have gone up mainly due to fall in the number of cattle in feedlots and farms.
Prices in the border region have remained stable even though there is still a high volume of cattle being imported into Vietnam.
cattle and beef price information - 10th April 2024
NOTE: Locations are approximate
Prices are in Vietnamese Dong (VND)
Medium Abattoir:
The cattle prices in the north decreased by 1,000 - 3,000 VND/kg compared to the previous week. The average price was around 78,000 VND/kg for high-quality beef, 75,000 VND/kg for medium quality and 73,000 VND/kg for low quality beef.
Australian beef prices remained unchanged from the previous week. Bulls were priced at an average of 78,000 VND/kg while steer prices ranged between 73,000 - 74,000 VND/kg.
Hot beef prices have decreased due to hot weather conditions leading to difficulties in sales.
Big Abattoir:
BBB cattle in the southern markets were priced at 74,000-75,000 VND/kg.
Sunny and hot weather conditions have led to price slump in slaughterhouses and sales difficulties. Frozen beef has been imported in huge quantities.
Cambodian Border:
Cambodian cattle are levied border fees of 550,000 VND per animal.
Quarantine fee of 10-12 million VND/truck are charged per truck carrying around 40-50 animals.
Many Thai and Myanmar origin cattle are imported to Vietnam.
Prices are in Vietnamese Dong (VND)
Medium Abattoir:
The cattle prices in the north decreased by 1,000 - 3,000 VND/kg compared to the previous week. The average price was around 78,000 VND/kg for high-quality beef, 75,000 VND/kg for medium quality and 73,000 VND/kg for low quality beef.
Australian beef prices remained unchanged from the previous week. Bulls were priced at an average of 78,000 VND/kg while steer prices ranged between 73,000 - 74,000 VND/kg.
Hot beef prices have decreased due to hot weather conditions leading to difficulties in sales.
Big Abattoir:
BBB cattle in the southern markets were priced at 74,000-75,000 VND/kg.
Sunny and hot weather conditions have led to price slump in slaughterhouses and sales difficulties. Frozen beef has been imported in huge quantities.
Cambodian Border:
Cambodian cattle are levied border fees of 550,000 VND per animal.
Quarantine fee of 10-12 million VND/truck are charged per truck carrying around 40-50 animals.
Many Thai and Myanmar origin cattle are imported to Vietnam.
Cattle and beef price information - 31st march 2024
NOTE: Locations are approximate
Prices are in Vietnamese Dong (VND)
Medium Abattoir:
The prices of cattle in the north increased by around 1,000 VND/kg compared to the previous week. The average price was 79,000 - 81,000 VND/kg. Cattle from household farms received prices in the range of 78,000 - 80,000 VND/kg.
The price of Australian cattle also increased by around 1,000 - 2,000 per kg compared to the previous week. The average prices ranged between 77,000 - 79,000 VND per kg. Lower quality cattle fetched prices between 74,000 - 75,000 VND/kg.
Both beef price as well as transportation cost increased by around 1,000 - 2,000 VND/kg. The average price was slightly over 180,000 VND/kg for meat delivered to various markets.
Cambodian Border:
The border fees for Cambodian cattle have increased to around 550,000 VND per head.
The quarantine fee was around 10-12 million VND/truck carrying around 40-50 heads.
Prices are in Vietnamese Dong (VND)
Medium Abattoir:
The prices of cattle in the north increased by around 1,000 VND/kg compared to the previous week. The average price was 79,000 - 81,000 VND/kg. Cattle from household farms received prices in the range of 78,000 - 80,000 VND/kg.
The price of Australian cattle also increased by around 1,000 - 2,000 per kg compared to the previous week. The average prices ranged between 77,000 - 79,000 VND per kg. Lower quality cattle fetched prices between 74,000 - 75,000 VND/kg.
Both beef price as well as transportation cost increased by around 1,000 - 2,000 VND/kg. The average price was slightly over 180,000 VND/kg for meat delivered to various markets.
Cambodian Border:
The border fees for Cambodian cattle have increased to around 550,000 VND per head.
The quarantine fee was around 10-12 million VND/truck carrying around 40-50 heads.
cattle and beef price informATION - 12th march 2024
Please note: locations are approximate
Prices are in Vietnamese Dong (VND)
Prices are in Vietnamese Dong (VND)
Cattle and beef price information - 20th february 2024
Please note: locations are approximate
Cattle and beef price information - 27th january 2024
Please note: locations are approximate
Cattle and beef price information - 11th january 2024
Please note: locations are approximate
CATTLE AND BEEF price INFORMATION - 18th DECEMBER 2023
Please note: locations are approximate
Cattle and bEEF price INFORMATION - 3rd december 2023
Medium abattoirs
The price of BBB cattle remains unchanged compared to last week.
Large quantity of slaughter Australian cattle are available in the market, especially in the South. The average price for slaughter bulls was 74-75,000 VND/kg, and for slaughter steers was 70,000 - 73,000 VND/kg
Big abattoirs
Currently, the price in the North is better than the South part of the country. For BBB cattle, the price decreased during the week by 1000-2000VND/kg.
Brahman & Australian beef prices decreased by 2000 - 3000/kg compared to last week.
Hot beef prices remained largely unchanged but decreased in some areas by 2000-3000/kg prices compared to last week.
Medium and large slaughterhouses often need larger quantities, so they buy them from large farms or through traders. As they require big, old, and mature cattle, they have to buy them at a higher price than normal, or as compared to small and medium slaughterhouses.
Small Feedlots
The average purchase price of smaller feedlots (operational capacity of less than 100 heads) from farms in Week 48 was around 75,000-82,000 VND/kg. Traders and abattoirs offer lower prices to smaller feedlots due to lower production and inconsistent quality.
Cambodian Border
Currently, Cambodian cattle coming into Vietnam is increasing in quantity and unofficial fee decreased to VND 600,000/head. The quarantine fee varies between 10,000,000 - 12,000,000 VND/truck with a capacity of 40 - 50 heads/truck.
There is a large quantity of Thai, Myanmar and Cambidan cattle imported into Vietnam through grey trade.
The price of BBB cattle remains unchanged compared to last week.
Large quantity of slaughter Australian cattle are available in the market, especially in the South. The average price for slaughter bulls was 74-75,000 VND/kg, and for slaughter steers was 70,000 - 73,000 VND/kg
Big abattoirs
Currently, the price in the North is better than the South part of the country. For BBB cattle, the price decreased during the week by 1000-2000VND/kg.
Brahman & Australian beef prices decreased by 2000 - 3000/kg compared to last week.
Hot beef prices remained largely unchanged but decreased in some areas by 2000-3000/kg prices compared to last week.
Medium and large slaughterhouses often need larger quantities, so they buy them from large farms or through traders. As they require big, old, and mature cattle, they have to buy them at a higher price than normal, or as compared to small and medium slaughterhouses.
Small Feedlots
The average purchase price of smaller feedlots (operational capacity of less than 100 heads) from farms in Week 48 was around 75,000-82,000 VND/kg. Traders and abattoirs offer lower prices to smaller feedlots due to lower production and inconsistent quality.
Cambodian Border
Currently, Cambodian cattle coming into Vietnam is increasing in quantity and unofficial fee decreased to VND 600,000/head. The quarantine fee varies between 10,000,000 - 12,000,000 VND/truck with a capacity of 40 - 50 heads/truck.
There is a large quantity of Thai, Myanmar and Cambidan cattle imported into Vietnam through grey trade.
Please note: locations are approximate
CATTLE AND BEEF PRICE INFORMATION
- 21ST NOVEMBER 2023
Please note: locations are approximate
Medium abattoirs
The medium scale slaughterhouses have a direct link to purchasing farms, resulting in more cost-effective purchases compared to intermediary traders. Operating on a demand-driven model, they acquire their supplies at lower prices directly from farmers.
Examining the current Australian cattle prices reveals a significant surplus in the market, leading to a decrease in prices by 2-3 thousand Dong/kg compared to the previous week. Specifically, Steers' prices have witnessed a decline of 1-2 thousand Dong/kg this week, while the prices of 3B cattle have experienced fluctuations, ultimately dropping by 2-3 thousand Dong/kg compared to last week.
Traders Big buffalo prices increased this week owing to the demand from China. A higher quantity of big heavy buffaloes is now being exported to China through some borders in the North such as Cao Bang and Lai Chau.
Small Feedlots
The average purchase price of smaller feedlots (operational capacity of less than 100 heads) from farms in Week 47 was around 78,000-82,000 VND/kg. Traders and abattoirs offer lower prices to smaller feedlots due to lower production and inconsistent quality.
Cambodian Border
Presently, there is a substantial volume of Cambodian cattle being exported to Vietnam. Additionally, the quarantine fee for a truck carrying 40 to 50 animals falls within the range of 10,000,000 to 12,000,000 VND.
Medium abattoirs
The medium scale slaughterhouses have a direct link to purchasing farms, resulting in more cost-effective purchases compared to intermediary traders. Operating on a demand-driven model, they acquire their supplies at lower prices directly from farmers.
Examining the current Australian cattle prices reveals a significant surplus in the market, leading to a decrease in prices by 2-3 thousand Dong/kg compared to the previous week. Specifically, Steers' prices have witnessed a decline of 1-2 thousand Dong/kg this week, while the prices of 3B cattle have experienced fluctuations, ultimately dropping by 2-3 thousand Dong/kg compared to last week.
Traders Big buffalo prices increased this week owing to the demand from China. A higher quantity of big heavy buffaloes is now being exported to China through some borders in the North such as Cao Bang and Lai Chau.
Small Feedlots
The average purchase price of smaller feedlots (operational capacity of less than 100 heads) from farms in Week 47 was around 78,000-82,000 VND/kg. Traders and abattoirs offer lower prices to smaller feedlots due to lower production and inconsistent quality.
Cambodian Border
Presently, there is a substantial volume of Cambodian cattle being exported to Vietnam. Additionally, the quarantine fee for a truck carrying 40 to 50 animals falls within the range of 10,000,000 to 12,000,000 VND.
CATTLE AND BEEF PRICE INFORMATION
- 3RD NOVEMBER 2023
Please note: locations are approximate
Medium abattoirs
Australian cattle are purchased by some smaller slaughterhouses. Smaller-sized cattle are purchased by smaller abattoirs as the prices are lower and their overall demand is in small quantities. These kinds of slaughterhouses have shorter supply chain as they prefer to source their cattle directly from the farmers to gain from cheaper prices, rather than through traders.
The price of non-castrated Australian bull in smaller abattoirs remained stable, whereas steer prices decreased by 1-2 thousand VND/kg. BBB cattle prices also witnessed a dip of around 1-2 thousand VND/kg.
Big abattoirs
Regionally, prices in big abattoirs in the north are comparatively higher than in the south.
Prices in week 44 decreased by around 1-2 thousand/kg. Prices of Brahmin and Australian cattle remained the same as in the previous week. The prices of beef also remained unchanged.
As medium and large-sized abattoirs require larger quantities and bigger and older cattle, they source their animals from larger farms or through traders. Therefore, their prices are comparatively higher than smaller abattoirs.
Feedlots <100 heads
The average purchase price of smaller feedlots (operational capacity of less than 100 heads) from farms in Week 44 was around 78,000-82,000 VND/kg. Traders and abattoirs offer lower prices to smaller feedlots due to lower production and inconsistent quality.
Cambodian border prices
In Week 44, Cambodian cattle prices decreased by 1-2 thousand VND/kg compared to the previous week.
Medium abattoirs
Australian cattle are purchased by some smaller slaughterhouses. Smaller-sized cattle are purchased by smaller abattoirs as the prices are lower and their overall demand is in small quantities. These kinds of slaughterhouses have shorter supply chain as they prefer to source their cattle directly from the farmers to gain from cheaper prices, rather than through traders.
The price of non-castrated Australian bull in smaller abattoirs remained stable, whereas steer prices decreased by 1-2 thousand VND/kg. BBB cattle prices also witnessed a dip of around 1-2 thousand VND/kg.
Big abattoirs
Regionally, prices in big abattoirs in the north are comparatively higher than in the south.
Prices in week 44 decreased by around 1-2 thousand/kg. Prices of Brahmin and Australian cattle remained the same as in the previous week. The prices of beef also remained unchanged.
As medium and large-sized abattoirs require larger quantities and bigger and older cattle, they source their animals from larger farms or through traders. Therefore, their prices are comparatively higher than smaller abattoirs.
Feedlots <100 heads
The average purchase price of smaller feedlots (operational capacity of less than 100 heads) from farms in Week 44 was around 78,000-82,000 VND/kg. Traders and abattoirs offer lower prices to smaller feedlots due to lower production and inconsistent quality.
Cambodian border prices
In Week 44, Cambodian cattle prices decreased by 1-2 thousand VND/kg compared to the previous week.
Cattle and Beef Price Information
- 21st October 2023
Please note: locations are approximate
