Mr Giao said that the lesson of catfish breeding might be repeated with milk cow farming if dairy prices kept rising. Encouraged by the high prices of dairy products, every household tries to breed cows, and every locality tries to develop a herd of milk cows, including ones that do not have good conditions for farming.

Mr Giao said that his department was going to send dispatches to local departments under MARD to warn about the risk, and ask local authorities to pay special attention to their milk cow herd development programme.

How will the fresh milk price hike impact cow breeders and the milk cow development programme?

On June 23, Dutch Lady officially announced it would raise material milk purchasing prices to VND6,200-6,500/kg. Vinamilk has also raised purchasing prices three times since the beginning of June. When I called several dairy processing workshop owners, they all said they planned to raise purchasing prices. One month ago, the milk price increased from VND4,600 to VND5,000/kg, and now jumped from VND5,000 to VND6,500/kg.

Source: Vietnam Economic Times