Weekly Hog Price and Breeding Margins in China (Week 8, 2020)
I.Hog Price
This week (Feb. 14, 2020-Feb. 21, 2020), hog price nationwide stops rising and starts falling. As of this Friday, the average price index is 38.69 yuan/kg, a decrease of 0.45 yuan/kg or 1.10% from 39.14 yuan/kg last Friday and an increase of 26.33 yuan/kg or 213.00% from 12.36 yuan/kg the same period last year.
Fig.: Hog Price Trend Weekly in China (2015-2020)
II. Breeding Margins
This week, nationwide average profit of per pig breeding is 1900.87 yuan, an increase of 1952.20 yuan or 7423.50% from -51.33 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 (2019-2020)