bi-Weekly cattle and beef market update from vietnam (April 1-12, 2024)

Vietnamese version

In week 14, the average prices of beef thigh and beef fillet both increased compared to the previous month. The price of beef fillet was 225.2 thousand VND/kg, an increase of 0.7% compared to week 13. The price of beef thigh was 202.6 thousand VND/kg, an increase of 1.1% compared to week 13.

• In week 14, the price of live-weight cattle was 83 thousand VND/kg, a slight increase of 0.6% compared to the previous week.
• In week 14, for local cattle/F1 brahman, the lowest price was recorded in Central-Highland at 64 thousand VND/kg, while the highest price was in the North at 73 thousand VND/kg. For BBB cattle, the lowest price was recorded in the South at 74 thousand VND/kg, whereas the highest price was in the North at 84 thousand VND/kg.

In week 15, the prices of Vietnamese and Australian beef at supermarkets remained unchanged compared to the previous week.In particular, Co.op Mart, Win Mart and Vissan Mart were the three supermarkets that have maintained the most stable prices since the beginning of 2024.

For Vietnamese beef, the lowest prices of beef shank, beef fillet, and beef thigh were recorded at Covifood at 240 thousand VND/kg, 270 thousand  VND/kg, and 220 thousand VND/kg, respectively.

For Australian beef, the lowest price of beef shank was recorded at HomeFarm at 230 thousand VND/kg. The lowest price of shoulder clod was recorded at Go Mart at 334 thousand VND/kg. The lowest price of beef brisket was at Covifood at 240 thousand VND/kg.