Bi-weekly beef and cattle market update from vietnam (february 5-16, 2024)

Vietnamese version

In week 6 (Feb 5-9), the average price of beef thigh was 203.3 thousand VND/kg, an increase of 0.8% compared to the previous week. The average price of beef fillet was 233.3 thousand VND/kg, an increase of 1.8% compared to week 5.

• In week 6, the average price of live-weight cattle was 82 thousand VND/kg, a decrease of 0.4% compared to the previous week.
• For local cattle, the lowest price was recorded in the Central-Highland region at 60 thousand VND/kg, while the highest price was in the North at 74 thousand VND/kg. For BBB cattle, the lowest price was recorded in the South at 72 thousand VND/kg, while the highest price was in the North at 86 thousand VND/kg. In week 6, the price of BBB cattle in the North was higher than in other regions by 3 to 10 thousand VND/kg.

​During Week 7, which coincides with the 2024 Lunar New Year holiday, supermarkets were closed from February 12 to February 14, 2024, and resumed operations on February 15. Throughout this week, the prices of Vietnamese and Australian beef at all supermarkets have stayed the same compared to the previous week. Additionally, the price of Australian Pacow beef at Bach Hoa Xanh remained discounted by 10%.