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While the daily rises in the price of animal feed are hurting local farmers, some husbandry companies nevertheless report huge profit for the last fiscal year thanks to the peak selling price of live hogs.
New feed groups attempt to outmuscle top performers 14:00 | 29/04/2021
In the fierce competition of animal feed, both local players and their foreign rivals are expanding  performance, with the emergence of several newcomers.
Feed group sales are rising, but the competition is fierce with more farms outsourcing for husbandry companies. Photo: Le Toan
As the largest animal feed production country in Southeast Asia, the sector in Vietnam witnessed high growth of 13-15 per cent on average during the 2016-2020 period, according to Grand View Research, an India and US-based market research and consulting firm. Consumption output in 2019 and 2020 was around 20 million tonnes, and was as much as 30 million if including aquaculture feed.
Japfa inaugurates pig farm with 10,000 sows in Binh Phuoc province 15:04 | 28/04/2021
The launching ceremony of Japfa Vietnam s pig farm with 10,000 sows in Binh PhuocÂ
The 22-hectare farm is aimed to supply breeding piglets of the best quality for the domestic market and for export in line with US standards. The hog farm targets to increase capacity to 130,000 sows by 2022.
In addition to advanced animal husbandry technologies, sustainable development is also an orientation of Japfa Vietnam in investing in and expanding production and business.
According to Arif Widjaja, general director of Japfa Comfeed Vietnam, the pig farm is the first of its kind in Vietnam, which has been designed and built in accordance with the latest model applied in the US, adopting cutting-edge technology in the world with all equipment being imported.