weekly cattle and beef market update from vietnam (oct 2-6, 2023)

Vietnamese version

​The average price of beef fillet and beef thigh decreased substantially in week 39. The average price of beef fillet decreased by 9.4% from 255,000 VND/kg (week 38) to 231,000 VND/kg and the price of beef thigh decreased by 4.6% from 260,000 VND/kg (week 38) to 248,000 VND/kg. The beef thigh price was on a downward trend after witnessing the highest average price of the year so far in Week 37.

The average price of live-weight cattle in week 39 decreased by 1.2% compared to week 38, from 84,000 VND/kg to 83,000 VND/kg. The current average price is around the same as the starting weeks of the year. 

​​In week 40, beef prices at most supermarkets in Vietnam remained stable, except for Go supermarket which increased the price of beef fillet to 365,000 VND/kg while decreasing the price of beef shank to 385,000 VND/kg compared to week 39.

​​In week 40, the prices of Australian beef remained stable at supermarkets, except for brisket navel end Pacow (Winmart) and grilled chuck crest (Home Farm) with reduced prices; and beef shank (Home Farm) and beef sirloin Hokubee (Home Farm) with increased prices compared to week 39.