Poultry farmers in the Xuan Loc District of Vietnam have suffered big losses during the last three months after wholesale prices of chicken crashed by almost 60% from US$2.60 to US$1.10 a kg, according to a news report.
Many HCM City supermarkets, too, witnessed a drop in chicken prices even as farmers tried to raise more chicken with the hope of increasing profits.
Those who raised chickens without contracts were the hardest hit.
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