I.Hog Price

This week (Nov. 8-Nov. 15), hog price nationwide plummets. As of this Friday, the average price index is 34.90 yuan/kg, a decrease of 4.47 yuan/kg or 11.40% from 39.37 yuan/kg last Friday and an increase of 21.80 yuan/kg or 166.40% from 13.10 yuan/kg the same period last year.

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

II. Breeding Margins

This week, nationwide average profit of per pig breeding is 1317.24 yuan, down by 28% from 1828.69 yuan last week and up by 1221.58 yuan or 1273.87% from 95.66 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)