The price of animal feed is constantly rising while the price of cattle and poultry has decreased, causing farmers to face many challenges.

Political conflict in the world has led to a series of rising prices for raw materials and animal feed. In just over the first five months of 2022, animal feed businesses have made four adjustments to increase prices, making it more difficult for farmers.

The prices of animal feed are forecast to continue to rise in the coming time. (Photo: Internet)

According to animal feed dealers in some northern provinces, the price of these products continues to rise from 5,000-10,000 VND/bag compared to April. Specifically, the price of pig feed ranges from 355,000-400,000 VND/bag of 25 kg, up 10,000 VND; chicken feed from 350,000-370,000 VND/bag of 25 kg, up 5,000 VND; bran flour and corn flour cost 8,600 and 9,200 VND/kg respectively, up 400 VND/kg.

Ms. Hoang Tuyet, an owner of an animal feed dealer in Hung Yen, said that since the beginning of the year, the price of animal feed has increased four times.

“From the beginning of 2022 to now, the price of animal feed has increased by 30,000-40,000 VND/bag. For example, at the beginning of the year, a 25 kg bag cost 320,000 VND/bag, now it increased to 360,000 VND/bag,” Ms. Tuyet said.

According to Ms. Tuyet, the main reasons for the hot increase in animal feed prices are scarce raw material sources and constantly rising transportation costs.

“The companies forecast that the prices of animal feed will continue to rise in the coming time,” Ms. Tuyet added.

The constantly rising prices of animal feeds have caused farmers to face many difficulties. Mr. Huyen, owner of a pig farm in Gia Vien, Ninh Binh, shared: “In the past, my pig herd was over 100, but now the price of pig feed is too high, so I narrow the herd.”

Mr. Huyen calculated that it takes 3.5-4 months to raise and sell a herd of pigs and costs about 9-10 bags of pig feed, with an average price of 350,000 VND/bag. So, it costs over 3.5 million VND for pig feed, not to mention other expenses

“With the current price of pigs is about 5.5 million VND/100 kg, farmers must get loses unless having piglets available from raising sows,” Mr. Huyen said.