This week (Nov. 29-Dec. 6), hog price nationwide stops dropping and starts rebounding. As of this Friday, the average price index is 35.01 yuan/kg, an increase of 3.03 yuan/kg or 9.50% from 31.98 yuan/kg last Friday and an increase of 13.19 yuan/kg or 165.40% from 12.88 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 increases by 362.09 yuan or 37.9% to 1317.37 yuan from 955.28 yuan last week; that up by 1195.0 yuan or 976.5% from 122.37 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)