Sun’s up for the pig industry

Asian Agribiz Podcasts

The pig industry in Asia is coming alive again, with producers seeing better prices, fewer disease outbreaks and lower feed prices. Add to this matrix, better technology and genetics and we can predict an uptrend. Live pig price in Thailand is up but producers are competing in a tougher environment, where new cutting plants and slaughterhouses are rising alongside expanding retail chains. In Vietnam, pork production for 2024 is expected to rise by 5% to 3.7mt, thanks to recovering domestic demand, and increased efficiency, while the Philippines has also seen a rise in inventory.