This week (Oct 7-11), hog price nationwide keeps the upward trend. As of this Friday, the average price index is 35.68 yuan/kg, an increase of 6.25 yuan/kg or 21.2% from 29.43 yuan/kg before National Day and an increase of 21.86 yuan/kg or 158.2% from 13.82 yuan/kg the same period last year.

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

This week, nationwide average profit of per pig breeding is 1593.66 yuan, up by 49.00% from 1069.83 yuan last week and up by 855.1% or 1426.81 yuan from 166.85 yuan the same period last year.

Table: Feedstuff Price and Breeding Margins (Unit: CNY/kg, Yuan/Hog)

Fig. : Hog Margins of Owned Piglet in China (2019)