The prices of animal feed climbed sharply
Mr. Nguyen Thanh Binh, Director of Chau Thanh Fisheries Production and Service Cooperative in Dong Thap Province, said that from the end of 2020 to now, the price of fish feed has escalated sharply. On the contrary, the price of fish increased slightly. In addition, the time for raising animals is slow and long, making production costs increase, farmers continue to suffer losses from VND2,000-VND2,500 per kilogram.
Sharing the same concern, Mr. Nguyen Van Tan, a long-time pangasius farmer in Vinh Thanh Trung Commune in Chau Phu District of An Giang Province, said that at present, most feed for pangasius fish in the Mekong Delta sold by factories and dealers is around VND11,300-VND11,500 per kilogram, an extremely high price for fish farmers. With the current situation, the costs for raising pangasius fish have jumped to VND24,000 per kilogram, while the highest price of commercial fish offered by enterprises is only VND22,000 per kilogram.
Meanwhile, many fish-farming and poultry-farming households have also sat on pins and needles because the prices of animal feed climbed heavily. Mr. Duong Quoc Hung, the owner of a cattle and poultry feed agent in My An Commune in Mang Thit District of Vinh Long Province, expressed that increasing animal feed prices do not only cause difficulties for farmers but also feed agents because the amount of animal feed sold on credit to farmers has not been able to recover. Under current conditions, for a pig to reach 100 kilograms, it costs VND4 million for feed, not to mention the cost for piglets of VND2.5 million, along with the cost for barns and veterinary medicines, so farmers do not have profits.