Weekly Hog Price and Breeding Margins in China (Week 12, 2020)
I.Hog Price
This week (Mar. 13, 2020-Mar. 20, 2020), hog price nationwide exacerbates the drop from last week. As of this Friday, the average price index is 36.28 yuan/kg, a decrease of 0.48 yuan/kg or 1.30% from 36.76 yuan/kg last Friday and an increase of 20.53 yuan/kg or 130.30% from 15.75 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 1298.96 yuan, a decrease of 144.91 yuan from 1443.87 yuan last Friday; that up by 1172.19 yuan or 7423.50% from 126.77 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)