Weekly Hog Price and Breeding Margins in China（Week 30, 2019）
I.Hog Price
This week (July 22th-26th), hog price nationwide sees an upward trend with fluctuations. As of this Friday, the average price index is 19.59 yuan/kg, an increase of 0.17 yuan/kg or 0.88% from 19.42 yuan/kg last Friday and an increase of 6.2 yuan/kg or 46.3% from 13.39 yuan/kg in the corresponding period last year.
Fig.: Hog Price Trend Weekly in China (2015-2019)
II. Breeding Margins
The average profit of per pig breeding is 487.92 yuan this week, up by 4.7% from 466.03 yuan last week and up by 381.42% from 101.35 yuan of the same period last year. The breeding margins of hog this week has seen a growth on higher hog prices, while the cost decreases on a lower feed price.
Table: Feedstuff Price and Breeding Margins (Unit: CNY/kg, Yuan/Hog)
Time
/Products
|
Corn
|
Soybean Meal
|
Compound Feed
|
Hog
/Corn
|
Hog
/Feed
|
Margins
|
This Week
|
1.917
|
2.755
|
2.48
|
9.96
|
7.69
|
487.92
|
Last Week
|
1.914
|
2.788
|
2.5
|
9.89
|
7.58
|
466.03
|
M-o-M±
|
0.003
|
-0.033
|
-0.02
|
0.07
|
0.11
|
21.89
|
M-o-M%
|
0.20%
|
-1.20%
|
-0.80%
|
0.70%
|
1.50%
|
4.70%
|
Y-o-Y
|
1.8
|
3.065
|
2.57
|
6.86
|
4.96
|
101.35
|
Y-o-Y±
|
0.117
|
-0.31
|
-0.09
|
3.1
|
2.73
|
386.57
|
Y-o-Y%
|
6.50%
|
-10.10%
|
-3.50%
|
45.20%
|
55.00%
|
381.40%
|
Fig.: Hog Margins Weekly in China (2018-2019)
