The situation on the Vietnam beef market

Pressure on small farmers

Small farmers, who form the backbone of Vietnam’s agricultural sector, are under severe pressure due to low beef prices . In an attempt to cut costs, many of them resort to using low-quality feed and low-yielding cattle breeds. This, in turn, leads to a decrease in the quality of beef, which may affect the reputation of Vietnamese MEAT products in both domestic and international markets.

The average price of F1 3B crossbred cattle is only US $2.9-3.02 per kilogram. This is not only below market prices, but also threatens the financial sustainability of farms. Many farmers are forced to reduce production or even close their farms completely.

Impact of cross-border trade

Cross-border trade in beef also plays an important role in the current situation. Vietnam actively imports cheap cattle from neighboring countries such as Thailand, Cambodia and Myanmar. This influx of cheap beef puts additional pressure on local producers, who are unable to compete with the low prices of imported meat. As a result, local farmers are losing market share, which exacerbates their financial difficulties.

Product Quality and Safety

The issue of beef quality in Vietnam is becoming increasingly pressing. The use of poor quality feed and low-yielding breeds can lead to a decrease in the nutritional value of the meat and its safety for consumers. This raises concerns among consumers and may negatively affect the demand for Vietnamese beef in both domestic and international markets.

Development Prospects

However, there are also positive aspects. The Vietnamese government recognizes the importance of supporting small farmers and improving meat quality. In recent years, steps have been taken to raise production standards and introduce new technologies that can help farmers improve the quality of their products.

In addition, there is potential for the development of organic and high-quality meat production, which can attract the attention of quality-conscious consumers. The introduction of training programs for farmers on improving feeding and livestock care practices can also play an important role in improving the competitiveness of local production.