Weekly Hog Price and Breeding Margins in China (Week 16, 2020)
I.Hog Price
This week (Apr. 10-17, 2020), hog price nationwide fluctuates to decline. As of this Friday, the average price index is 33.93 yuan/kg, a decrease of 0.07 yuan/kg or 0.20% from 34.00 yuan/kg last Friday and an increase of 19.16 yuan/kg or 129.70% from 14.77 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 1024.67 yuan, a decrease of 32.07 yuan from 1056.74 yuan last Friday; that up by 1088.08 yuan or 1715.90% from -63.41 yuan the same period last year.
Table: Feedstuff Price and Breeding Margins (Unit: CNY/kg, Yuan/Hog)
Time
/Products
|
Corn
|
Soybean Meal
|
Compound Feed
|
Hog
/Corn
|
Hog
/Feed
|
Margins
|
This Week
|
1.969
|
3.121
|
2.68
|
16.97
|
12.48
|
1024.67
|
Last Week
|
1.946
|
3.198
|
2.67
|
17.21
|
12.5
|
1056.74
|
M-o-M±
|
0.023
|
-0.077
|
0.01
|
-0.24
|
-0.02
|
-32.07
|
M-o-M%
|
1.20%
|
-2.40%
|
0.40%
|
-1.40%
|
-0.20%
|
-3.00%
|
Y-o-Y
|
1.811
|
2.505
|
2.36
|
7.96
|
6.11
|
-63.41
|
Y-o-Y±
|
0.158
|
0.616
|
0.32
|
9.01
|
6.37
|
1088.08
|
Y-o-Y%
|
8.70%
|
24.60%
|
13.60%
|
113.20%
|
104.30%
|
1715.90%
|
Fig. : Hog Margins of Owned Piglet in China (2019-2020)
