Bangkok: Farm-gate pork prices have increased by 2 baht, providing a much-needed boost to farmers who have endured three years of continuous losses. Live pig farm-gate prices have risen by 2 baht per kilogram across all regions this week, now ranging from 74-78 baht per kilogram. This increase follows a slight decrease in market supply and rising production costs, allowing farmers to finally make a profit. Prices are expected to increase slightly over the next 1-2 weeks before stabilizing until mid-September.
According to Thai News Agency, the National Swine Breeders Association reported that as of August 21, 2026, the price for fattened pigs has risen by 2 baht per kilogram across all regions. This adjustment aims to help small-scale farmers increase prices and compensate for their financial setbacks over the past three years. Current farm-gate prices vary by region, with the western region at 74-76 baht per kilogram, the eastern region at 74-77 baht, the northeastern region at 74 baht, the northern region at 76-78 baht, and the southern region at 76 baht per kilogram.
Mr. Sittiphan Thanakiattiphinyo, President of the National Swine Breeders Association, noted that the recent price increase results from a slight decrease in market supply amidst rising production costs. The adjustment has allowed farmers to achieve a profit margin of approximately 1-2 baht per kilogram above their costs, enabling them to maintain production levels. Although production costs remain high, particularly for feed raw materials, the price trends of some key feed raw materials remain stable.
Mr. Sittiphan also mentioned that pork prices are anticipated to rise slightly in the next 1-2 weeks before stabilizing until mid-September, largely due to the stable retail prices of pork cuts, which limit further increases in farm-gate pork prices. After mid-September, prices are likely to soften as the onset of the Vegetarian Festival in October typically reduces pork demand. Additionally, the National Swine Breeders Association highlighted that the 'Thai Helps Thai Plus (60/40)' project will conclude on September 30th. Meanwhile, 12 major operators are set to extend their Memorandum of Understanding (MOU) for another year by the end of this month, a move expected to help stabilize pork prices and protect consumers.