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Weekly Hog Price and Breeding Margins in China(Week 36, 2019)

2019-09-09 www.cofeed.com
I.Hog Price

This week (Aug 30th-Sept 6th), hog price nationwide keeps the upward trend. As of this Friday, the average price index is 28.30 yuan/kg, an increase of 0.31 yuan/kg or 1.11% from 27.99 yuan/kg last Friday and an increase of 14.08 yuan/kg or 99.02% from 14.22 yuan/kg the corresponding period last year.

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

II. Breeding Margins

The average profit per pig breeding is 1278.47 yuan this week, down by 3.1% from 1319.84 yuan last week and up by 575.0% or 1089.07 yuan from 189.4 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

1.905

2.968

2.51

14.59

11.07

1278.47

Last Week

1.906

3.003

2.5

14.42

10.99

1319.84

M-o-M±

-0.001

-0.035

0.01

0.17

0.08

-41.37

M-o-M%

-0.10%

-1.20%

0.40%

1.20%

0.70%

-3.10%

Y-o-Y

1.828

3.202

2.61

7.22

5.25

189.4

Y-o-Y±

0.077

-0.234

-0.1

7.37

5.82

1089.07

Y-o-Y%

4.20%

-7.30%

-3.80%

102.10%

110.90%

575.00%



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