Weekly Hog Price and Breeding Margins in China (Week 13, 2020)
I.Hog Price
This week (Mar. 20, 2020-Mar. 27, 2020), hog price nationwide continues to decline. As of this Friday, the average price index is 35.16 yuan/kg, a decrease of 1.12 yuan/kg or 3.10% from 36.28 yuan/kg last Friday and an increase of 19.67 yuan/kg or 127.00% from 15.49 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 1138.46 yuan, a decrease of 160.50 yuan from 1298.96 yuan last Friday; that up by 1083.05 yuan or 7423.50% from 55.41 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)