Weekly Hog Price and Breeding Margins in China（Week 34, 2019）
I.Hog Price
This week (Aug 16th-23th), hog price nationwide keeps the upward trend. As of this Friday, the average price index is 25.96 yuan/kg, an increase of 1.55 yuan/kg or 6.34% from 24.41 yuan/kg last Friday and an increase of 12.25 yuan/kg or 89.35% from 13.71 yuan/kg of 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 1118.68 yuan this week, up by 11.08% from 1007.05 yuan last week and up by 990.18 yuan or 770.57% from 128.5 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
|
1.919
|
2.93
|
2.49
|
13.26
|
10.21
|
1118.68
|
Last Week
|
1.929
|
2.863
|
2.48
|
12.38
|
9.62
|
1007.05
|
M-o-M±
|
-0.01
|
0.067
|
0.01
|
0.88
|
0.59
|
111.63
|
M-o-M%
|
-0.50%
|
2.30%
|
0.40%
|
7.10%
|
6.10%
|
11.10%
|
Y-o-Y
|
1.795
|
3.192
|
2.61
|
6.9
|
4.91
|
128.5
|
Y-o-Y±
|
0.124
|
-0.262
|
-0.12
|
6.36
|
5.3
|
990.18
|
Y-o-Y%
|
6.90%
|
-8.20%
|
-4.60%
|
92.20%
|
107.90%
|
770.60%
|
Fig.: Hog Margins Weekly in China (2018-2019)
