Pork Prices Surge Again as Supply Struggles to Meet Demand

Bangkok: Farm-gate pork prices have increased by another 2 baht/kg, effective tomorrow. According to Thai News Agency, a network of pig farmers announced a 2 baht per kilogram increase in the farm-gate price of live pigs, effective July 29, 2026. This marks the second consecutive week of a 2 baht per kilogram increase, bringing the farm-gate price of pigs to a range of 68-76 baht per kilogram, depending on the region. Farmers estimate that if prices remain at this level, they will rise above production costs within the next 2-3 weeks. A network of pig farmers, comprising the National Pig Farmers Association, the Northeastern Pig Farmers Association, the Upper Central Pig Farmers Trade Association, the Southern Pig Farmers Trade Association, and the Chonburi Pig Farmers Cooperative Limited, announced a 2 baht per kilogram increase in the farm-gate price of fattened pigs. This follows a similar price increase last week and will be effective from July 29th onwards. Following the latest price adjustment, the fa rm-gate price of live pigs is 68-70 baht per kilogram in the western region, 70-73 baht per kilogram in the eastern region, 74 baht per kilogram in the northern region, and 76 baht per kilogram in the southern region. The national average price is in the range of 68-76 baht per kilogram. Weekly agricultural commodity data indicates that the supply of pork on the market is falling short of consumer demand, resulting in continuously improving prices. There are positive signs that in the next 2-3 weeks, pork farmers may be able to sell at prices above production costs, after facing high costs for an extended period. Although pork prices have begun to recover, production costs remain high, especially soybean meal, a key raw material for animal feed, which has increased in price from 16 baht to 16.60 baht per kilogram. Wheat and rice prices have also risen, while animal feed corn and fishmeal prices remain stable. The continuous increase in pork prices for the second week reflects signs of market recovery after a decrease in the supply of pork entering the market. However, farmers still need to closely monitor feed costs, as this remains a crucial factor in their profitability in the coming period.