Weekly Hog Price and Breeding Margins in China (Week 9, 2020)
I.Hog Price
This week (Feb. 21, 2020-Feb. 28, 2020), hog price nationwide keeps falling from last week. As of this Friday, the average price index is 37.02 yuan/kg, a decrease of 1.67 yuan/kg or 4.30% from 38.69 yuan/kg last Friday and an increase of 24.90 yuan/kg or 205.40% from 12.12 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 1549.74 yuan, a decrease of 351.13 yuan from 1900.87 yuan last Friday; that up by 1646.07 yuan or 7423.50% from -96.33 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)