This week (July 29th- Aug 2nd), hog price nationwide sees an upward trend with fluctuations. As of this Friday, the average price index is 19.91 yuan/kg, an increase of 0.32 yuan/kg or 1.63% from 19.59 yuan/kg last Friday and an increase of 6.11 yuan/kg or 44.28% from 13.8 yuan/kg in the corresponding period last year.

Fig.: Hog Price Trend Weekly in China (2015-2019)

The average profit of per pig breeding is 527.72 yuan this week, up by 8.16% from 487.92 yuan last week and up by 251.58% from 377.62 yuan of the same period last year.

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	1.931	2.8	2.47	10.04	7.83	527.72
Last Week	1.917	2.755	2.48	9.96	7.69	487.92
M-o-M±	0.014	0.045	-0.01	0.08	0.14	39.8
M-o-M%	0.70%	1.60%	-0.40%	0.80%	1.80%	8.20%
Y-o-Y	1.794	3.08	2.6	6.95	4.95	150.1
Y-o-Y±	0.137	-0.28	-0.13	3.09	2.88	377.62
Y-o-Y%	7.60%	-9.10%	-5.00%	44.50%	58.20%	251.60%

Fig.: Hog Margins Weekly in China (2018-2019)