Weekly Hog Price and Breeding Margins in China（Week 33, 2019）
I.Hog Price
This week (Aug 9th-16th), hog price nationwide keeps the upward trend. As of this Friday, the average price index is 24.41 yuan/kg, an increase of 2.02 yuan/kg or 9.02% from 22.39 yuan/kg last Friday and an increase of 10.26 yuan/kg or 72.5% from 14.15 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 1007.05 yuan this week, up by 25.5% from 802.7 yuan last week and up by 826.8 yuan or 458.7% from 180.25 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
|
1.929
|
2.863
|
2.48
|
12.38
|
9.62
|
1007.05
|
Last Week
|
1.929
|
2.87
|
2.49
|
11.34
|
8.8
|
802.7
|
M-o-M±
|
0
|
-0.007
|
-0.01
|
1.04
|
0.82
|
204.35
|
M-o-M%
|
0.00%
|
-0.20%
|
-0.40%
|
9.20%
|
9.30%
|
25.5%
|
Y-o-Y
|
1.791
|
3.232
|
2.58
|
6.98
|
4.96
|
180.25
|
Y-o-Y±
|
0.138
|
-0.369
|
-0.1
|
5.4
|
4.66
|
826.8
|
Y-o-Y%
|
7.70%
|
-11.40%
|
-3.90%
|
77.40%
|
94.00%
|
458.70%
|
Fig.: Hog Margins Weekly in China (2018-2019)
